AVAX Avalanche Buy AreaLooking at the chart, in my opinion, the buy area for AVAX between $7.20 and $10.40 presents a great potential entry opportunity for long term investors.
This range provides a relatively wide margin for investors to consider entering a position in AVAX.
AVAX, the native token of the Avalanche blockchain platform, has shown promising growth and adoption in recent times.
The lower end of the buy area, around $7.20, could be seen as a more attractive entry point for those seeking a potentially lower risk position. On the other hand, the upper end of the range, around $10.40, may offer a higher potential reward for investors willing to take on more risk.
Looking forward to read your opinion about it!
AVAXUSD
AVAX Rockets to New Heights! Get Ready to Ride the Bullish Wave
I witnessed Avalanche (AVAX) make a stunning 15% pump, propelling it towards its next resistance level of 0.34. Brace yourself, my friend, because AVAX is about to take off like never before!
AVAX has been on a remarkable journey lately, defying expectations and gaining significant momentum. The recent 15% surge has brought it tantalizingly close to breaking through the 0.34 resistance level, marking a potential turning point for this incredible cryptocurrency. This is not just a random spike, but rather a clear indication of the bullish wave that is building up behind AVAX.
Now, you might be wondering, "How can I ride this wave and make the most of this opportunity?" Well, my friend, it's time to consider taking a long position on AVAX. By going long, you can potentially capitalize on its upward trajectory and reap the rewards of its anticipated surge. The market sentiment is overwhelmingly positive, and AVAX's technical indicators are aligning perfectly to support this exciting rally.
Here's your call-to-action: Don't miss out on this golden opportunity to maximize your gains! Seize the moment and consider opening a long position on AVAX today. Take advantage of the current bullish sentiment and position yourself for potential profits as AVAX confidently smashes through the 0.34 resistance level.
Remember, timing is crucial in the crypto market, and AVAX's journey is just getting started. By taking a long position now, you position yourself ahead of the curve, ready to ride the wave as AVAX surges to new heights.
So, my friend, buckle up and join the AVAX revolution! Let's ride this bullish wave together and make the most of this exciting opportunity. Your potential for profit awaits!
Should you have any questions or need assistance in executing your trade, feel free to reach out by commenting below. I'm here to help you navigate this thrilling journey and ensure you make the most informed decisions.
Wishing you an exhilarating and prosperous trading experience!
AVAX ANALYSIS (12H TF)AVAX has been bullish for several days. By examining the waves, we found that AVAX is inside a complex pattern. In fact, AVAX is inside a large diametric, which is now inside wave E of this diametric. The E wave itself has rewrapped and formed a diametric that we are now inside the f wave of this diametric. In the red area, we expect the f wave from E to end and enter the g wave from E. In the following, we also specified the possible fluctuations.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AVAX Under ☁️ Skies: Is it Time to Sell? Bullish sun ☀️ shines over most of the global crypto market, indicating a continued upward trend in the coming 24 hours. Cloudier ☁️ bearish trading conditions linger over Ripple’s XRP, Avalanche, and Binance Coin, signaling a downward trend, ATTMO shows.
Over a one-week horizon, the bullish sun ☀️ will continue to dominate the crypto universe, though Litecoin and XRP may face cloudier 🌥️ conditions and a downward trend.
Follow us for more crypto weather reports!
AVAX: It's not looking good!The current TPI value for AVAX on the mid-term TPI is currently at -0.928, the minimum value is -1:
This is super bearish. This simply means that there is a high risk that AVAX will fall to test a recent liquidity level. This could happen as altcoin dominance falls
Avax is also underperforming ETH by a lot! This could indicate that it could fall much harder than ETH if we see external market factors affecting crypto negatively
As always, please stay safe!
I've linked some ideas below, this analysis is in confluence with those!
$AVAX Performing Falling wedge in 1DEURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
Box section : 8.81-10.09Hello?
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(AVAXUSDT chart)
The key is whether the price can be maintained by rising above 13.4704.
Therefore, from a long-term perspective, 13.4704 or lower can be considered the bottom range.
(1W chart)
The key is whether it can receive support and rise around 9.76.
At this time, what is important is whether the price can be maintained by rising above the MS-Signal indicator.
(1D chart)
You are looking at the 1M chart and the 1W chart, but you may be asking, is there a need to see the entire chart on the 1D chart?
The reason to view the 1D chart as a full chart is to see how support and resistance points are marked.
You can check support and resistance points through the 1W chart and 1M chart, but since they only show approximate points, it may be burdensome to use them in your trading strategy.
The only support and resistance point formed across the entire chart is the 7.72 point on the current chart.
Therefore, other support and resistance points can be said to be support and resistance points that are still being formed.
Therefore, this means that the role of support and resistance may be weak.
Therefore, AVAX can also be seen as a coin (token) that is likely to show a large upward trend whenever a full-fledged upward trend begins.
No matter how likely it is that there will be a big uptrend at any time, if the trading volume does not increase accordingly, it may be meaningless and should not be given much meaning.
The recent move caused the HA-High indicator to drop and create a new one.
Accordingly, the HA-Low indicator and the HA-High indicator are showing close proximity.
Accordingly, if it shows support in the 8.92-9.83 range, it seems likely that it will turn into an upward trend.
If we select the box section with this in mind, it falls within the 8.81-10.09 section.
Therefore, when the StochRSI indicator leaves the oversold range, the key is whether it shows movement out of the 8.81-10.09 range.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Technical and Fundamental TailwindsAvalanche (AVAX) has been gaining traction in the crypto sphere, with its price showing a bullish trend recently. As of October 6, 2023, the price of AVAX is $10.61. The crypto asset has seen a remarkable price surge of 7% and 10.41% in the recent past, making it a top performer among major cryptocurrencies. Several analyses suggest that the upward momentum will likely continue, propelled by technical and fundamental factors.
On the technical front, AVAX is showing signs of consolidating in a flag formation, which is often seen as a bullish indicator. The bulls are making efforts to push the price above the upper boundary of this channel, which could lead to further upside. Moreover, recent trading activities have seen AVAX rebounding from the $8.6 support zone and challenging the resistance at $10, with the latter being a crucial level for the asset to sustain its bullish momentum. The market sentiment has been turning bullish, with the asset overcoming a notable resistance trendline and targeting levels beyond the $10 value area.
On the fundamental side, the launch of StarsArena, a crypto-based social media application, has been mentioned as a potential catalyst for AVAX's price movement, indicating a positive ecosystem development. Also, the broader market sentiment, often influenced by Bitcoin's performance, has been a supporting factor for AVAX's price trends.
Most Probable Scenario:
The most probable scenario for AVAX would be continuing the bullish trend, targeting new highs. The critical support and resistance levels to watch are $8.6 and $11.21, respectively. A successful breakout above the $11.21 resistance could propel AVAX to target higher levels, while a failure to maintain above the $8.6 support may pause the bullish narrative. However, the recent bullish momentum and encouraging ecosystem developments position AVAX favorably in the market, hinting at a promising outlook.
AVAX.USDT (Long Term) Ladies and Gentelman, It's Ho3ein again. Thank you for your time 👋👋
It's a new day and I want to tell you all about the support zone on Avalanche.
I think it will be interesting. Because I wanna tell you where is the best zone to buy and Hold Avalanche for the long term. Please be patient 👌👌
Before that, Please don't forget to Like 👍 , share ✌️ with your friends, and also write your comments ✍️ below the post. It gives me more positive energy to continue publishing my analysis.
As you see, we have Three main support zones. I'm sure the first one around 7.2-7.5 USD will be lost soon.
We will talk about the second and third ones.
The Second support zone is around 4.6 – 5 USD and it's really strong. I expect the price drops to this zone to stop dropping and the price after touching this zone to move up.
I bet it's not the End of the correction. Because I expect the Second zone could NOT hold the price and it will break and the price will move to the 3rd support zone.
Let me say something frankly, I don’t believe that the 3rd support zone around 2.6-2.9 will be broken. It's really strong more than you think and big whales are waiting to buy Avalanche in this zone.
Please be patient. control your emotions 🙏🙏
Opportunities in the market flow smoothly like a river 🧞♀️🧞♀️
It was my duty to tell you all the things you need to know.
Please ask me all your questions below the post.
Wish you Health and Wealth
Sincerely Yours 🙏
Ho3ein.mnD
Need to check if it can rise above 10.81Hello?
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Please also click “Boost”.
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(AVAXUSDT chart)
The key is whether the price can be maintained above 9.76 and rise above 13.47.
(1D chart)
It is supported and rising in the 8.81-9.36 range.
The key is whether it can rise above 10.81.
If it receives support in the 10.81-11.56 range, it is expected to lead to an upward movement to around 15.69-16.94.
If this is not the case and it falls below 8.92 and shows resistance, caution is needed as it is expected to fall to around 7.72.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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AVAXUSD Ready for a bullish break-outAvalanche (AVAXUSD) has been trading within a Channel Down pattern for the past 6 months and is testing today the 1D MA50 (blue trend-line). The same kind of test after a 1D RSI Bullish Divergence was performed in AVAX's previous Channel Down on January 09 2023. Observe the perfect symmetry on the RSI levels of the two dates. When the price closed above the 1D MA50, it initiated a massive rise on the next candle that easily broke through the 1D MA100 (green trend-line), hit the 1D MA200 (orange trend-line) and peaked a little above the 0.618 Fibonacci retracement level.
As a result, we will buy the break-out and initially target the 1D MA100 at 11.000. If it breaks above the 1D MA200, we will buy that 2nd break-out and target the 0.616 Fib at 15.500.
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AVAX ☀️ 24 Hours (Bullish), 🌧️ Next Week (Bearish)Clouds ☁️, indicating a slightly bearish trend, hover over the global crypto market in the next 24 hours. Some sun ☀️ may shine through over altcoins such as Cardano, Avalanche, and Uniswap, signaling a slightly bullish trend.
Over a one-week horizon, the forecast is mixed with a slightly bullish sun ☀️ returning over Bitcoin, Litecoin, and Chainlink. Slightly bearish clouds ☁️ will continue to prevail over Ether, XRP, Binance, and Dogecoin. Bearish rain 🌧️ is likely to fall over Avalanche over this longer time horizon. 📉
#AVAX doom scenario casting down to below a $1The major head and shoulders is there for everyone to see
the sub dollar target is with a log scale target
preposterous?
we have seen large projects completely roundtrip
so tell me why not?
in the world where Avax is to drop 90%
what price will #BTC and #ETH be ???
AVAXUSDT - Catch This Move! ✅Avalanche is currently in a simple ABC pattern. We have completed wave A and now in wave B that looks like an ABCDE pattern.
Looking to catch wave C once we finish subwave E of wave B.
Trade idea:
- Risk entry on break of orange trendline
- Safe entry on break of red trendline
- Stops below lows after we break either of the aforementioned trendlines
- Targets: 16.5, 21, taper
Goodluck and as always, trade safe!