AVAXUSD
target cheat-sheetperfect bounce at the trendline around $100 and looking to shoot higher. targets based on expected resistance where 2x buying pressure subsides .
i don't like buying at this late stage of a bull market, but you can definitely build your position via trade, i.e. selling at these levels and buying more on the subsequent dip. $155 and $200 look like the strongest candidates for resistance, so that's where you'll likely get the most bang for your buck (in terms of a discount for reentry on the retracement).
if price makes it to $200 i'll definitely be considering taking substantial profits and significantly reducing my AVAX position (maybe 50-75%).
AVAXUSDT - After a big correction, short-term TP you can set BYBIT:AVAXUSDT
1H trend chart
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AVAX fell to Fib 0.382 while a big correction yesterday.
It is obvious that price got support at Fib 0.382 and Vegas tunnel 576/676 ema in 1H time frame.
And it is resisting from a short-term downtrend line now.
If price can break out the downtrend line without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 112.865----Consider this unstable market, we set an optional TP
b) 121.095----Fib(0.618)
c) 129.6----Blue horizontal ray
d) 147.73----Fib(1)
Stop losses:
a) 101.12-----Red horizontal ray
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AVAX/USD - Bearish cross WARNING! 😲Avalanche surprised everyone this past week with a significant rally that topped at a new all-time high at $147. However, ever since then, AVAX has corrected, and today’s candle took price all the way back to $100.
Moreover, AVAX also completed a bearish cross on the daily MACD today. If it closes the day like this, then this is a major warning sign that lower price levels could be reached in the future. In the best-case scenario, AVAX’s price should contain the correction just above $100. Then bulls can then recover from this assault and attempt a recovery.
In general, it is important to remain very careful as the market is currently in a state of instability, and a lot of volatility might come into play. Therefore, vigilance is of utmost importance.
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AVAX nice bounce in the demand zone and gap fill, looks readyWent long on AVAX here. I think AVAX is ready for another leg and may revisit as it approaches the supply zone there aroun $132-$142. I think more stimulus may make crypto end of year push to new highs, but time will tell. In the mean time I'm long AVAX here. First targets $119, $130, $134. Note that it could be forming an inverse head and shoulders here, need a right shoulder here, perhaps targeting $129 and then measured move to $170.
Avalanche Analyze 🗻!!!Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( A VAXUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2 , and at this time it is moving on microwave 5 of microwave 1 of Main wave 3 .
Where is the end of microwave 1 of Main wave 3 ?
I have two targets 🎯 for the above question:
Target 1 🎯: 139$-142$ ( More possible )
Target 2 🎯: 179$-200$
Target 1 🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge 👇.
In addition Stochastic is near Resistance Zone , and I expect that we will see the end of the movement soon.👇https://www.tradingview.com/x/gmvP8YTD/
My Suggestion : if you want to have AVAX on your portfolio, please wait for correction .
Support Zone : 105$ unit 100$ .
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Three Reasons Why AVAX is still HOT!!TLDR; three reasons to buy AVAX
1. Strong competitor to ETH
2. Strong Technicals
3. Overtook Dogecoin on Coinmarketcap
Avalanche has appreciated 33% last week to solidify its position as one of the strongest Ethereum competitors. In fact, it has usurped Dogecoin for the number 10 spot on coinmarketcap. Despite retracing much of its move to new highs just under $150, the technicals are remarkably strong. We are hugging support from the upper bound of our Fibonacci anchors, corresponding to the previous high from last week. The Kovach OBV is still very strong, despite the correction from the first Fibonacci extension level. Despite how drastic this pullback appears, it is completely reasonable from a technical perspective. If support does not hold at current levels, see the Fibonacci levels below for ideas to buy back.
AVAX! TIME! Wonderland.moneyWe might see crazy increase in demand in AVAX c chain!
A lot people trading AVAX FOR TIME to stake in WONDERLAND.money.
I gotta be honest I did it myself I grabbed some sheared at 114$.
Just invest what you can afford to loss. It could be a scam!
End posting quote:
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AVAX/USD: New Kid in Town Still Capturing Speculative HeartsAVAX/USD has come off all-time highs achieved only two days ago, but Avalanche has remained rather firm as it flirts with its upper price realm.
AVAX/USD has captured the attention of many cryptocurrency speculators and has established itself as the number ten digital asset via its market capitalization in a short span of time. One of the attractive aspects about AVAX/USD is that while its trading life may be short regarding timeframes, it was established by respected a respected cryptocurrency team, and has the backing of major investment firms. Avalanche is a potential rival to Ethereum.
On the 21st of November, AVAX/USD hit a price of nearly 147.50000000 before suffering a short-term reversal which has seen lows since then of about 126.50000000. However, since moving downwards after establishing the record price, AVAX/USD has actually created an almost tranquil trading range in the past day and the price as of this writing is near the 131.50000000 ratio and looks relatively firm. Short-term support looks to be around the 127.00000000 while resistance targets could be perceived to be around 137.5000000.
Trading conditions within AVAX/USD have been fast the entire month of November. On the 1st of this month, the cryptocurrency was near 65.00000000 USD; yes, that is correct. AVAX/USD has more than doubled its value in about three weeks. Speculators should be impressed by the illustrious gains, but they also need to stay realistic and consider the possibility that they have missed the first couple of rocket rides upwards in AVAX/USD. What can go up can also go down in the cryptocurrency world.
Avalanche coin has created a blockchain which hopes to compete with Ethereum by allowing smart contracts to be traded on its technology in a more secure manner, in addition with the claim that its transactions will be much quicker. After reaching an all-time high only two days ago, intriguingly, AVAX/USD seemed to stumble near what can be considered an inflection point. When the 150.00000000 came into sight it seems as if AVAX/USD began to lose momentum. Can this juncture be surpassed soon?
AVAX/USD has garnered plenty of attention from a broad base of cryptocurrency speculators this month and it may be able to generate even more publicity in the near future. While the broad cryptocurrency market via Avalanche’s competitors have found rather stiff headwinds the past couple of weeks, AVAX/USD has found upwards momentum which may continue to be generated near term. If current support levels are sustained near the 128.00000000 to 126.00000000 marks, traders may be tempted to continue to look for upside traction.
Avalanche Short-Term Outlook
Current Resistance: 137.50000000
Current Support: 127.00000000
High Target: 148.00000000
Low Target: 122.47000000
Avax, FEMA, ETH, and Mr. GoxxFirst, a moment of silence for the #1 bockchain hamster.. Mr Goxx
Second, FEMA. Avax' tech being used to help make the federal department more efficient. Yes I used the words federal and efficient in the same sentence.
Avalanche has been around a little over a year, grown 3000% this year, processes more transactions than ETH, and has reached a MC of somewhere near $30b.
In this hamster's eyes AVAX is looking tasty where it sits, and entrance looks good for a long. Staying above the $112 resistance shows good support and I am looking forward to seeing if there are any hamsters on the moon.
The resistance in the 140s will be giving some leeway I hope.
AVAX- Support Levels - Time to Buy Again 🗸🍊You had been warned!
We called AVAX our 'Spot Queen for the Season'
AVALANCHE - Our Spot Queen for the Season 🥨🥂
We know a proper breakout when we see it and first posted when it was 30$, just on time for some great trades:
Our AVALANCHE AVAX Chart 📊
Please keep in mind that we see 117$ as a good price to take profits..partially
One Love,
the FXPROFESSOR