AVAXUSD
Solana technical analysis* Solana in 1D time frame forms a Symmetrical triangle
* Symmetrical triangle appears when the price consolidates between two trend-lines slightly sloping towards each other.
* Here the below Ascending trendline works as support for the price and the above Descending trendline as resistance
* If SOL breaks the above trendline we can see continuation of the trend.
AVAX - potential trade ❗❗AVAX is near its trend line. Additionally, we see a squeeze, which is a good signal for a breakout and continuation of the rise. Good buying opportunity will be after a breakdown or retest of the trend line as support.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Will AVAX break out the level 0.618 ?In AVAXUSDT 4h
It tried to break the Resistance but fail.
The price went down and look for support again .
If the support completed that can make right shoulder of the potential double bottom .
If it can break out the neckline (62.11) and brealish channel
*the neckline is so close to level 0.618,
so use level 0.618 is ok
This is just a trading plan ,it has not happened yet !!!
SL: The right shoulder
TP1:79.8
TP2:92.74
TP3:97.97
TP4:109.20
TP5:127.37
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AVAXUSDT trade, a new buy entryAVAXUSDT trade will go buy again after completion of correction. trade is near to supply zone area. From here trade will initially move towards $90 level. Further analysis will be updated with time to time.
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AVAXUSD PRICE PREDICTION Look like AVAX would retrace to $42 before running to 195$ Market cap: $44 billion.
195$ is good price to exit most of my fund off the market
And let some ride to the moon or maybe just lose them all.
Moon target $600 AVAX and $135 billion dollar market cap.
Not considering the blackswan event.
Good luck to you all.
NFA
Avalanche analysis, will AVAX continue the bull run ?* AVAX is still in uptrend respecting the below major trend-line as support and the above descending trend-line is working as resistance for the price.
* Every time the price get's rejected from the above resistance it gains support around $58-$57
* If the price breaks the above resistance we can expect a bullish move till $79.5
AVAX- Buy from support Hello,
Today the price has triggered my pending buy order on AVAX.
I sold 33% previously at the local high at $80 with the intentions of buying back between $57/$60.
My next sell target will be $100, again I will sell 33% with the intentions of buying back the 33% at new support at $80.
Good luck if you join.
AVAX/USDT ChartToday the traditional market is declining, the S&P looks bad, and crypto market only had a small decrease compared to others. AVAX shows support at 62$ and I don't see a price decline on AVAX since other NFT's projects had big pumps in the last few days (e.g. SOL, ETH. XTZ). However I don't see us break the 75$ resistance yet , so my projection is a long to 71$. Comment your thoughts, like and follow.