AVAX/USDT bullish move incoming? 👀 🚀 Avalanche Today Analysis
💎 Paradisers, Heads Up! An intriguing opportunity is unfolding with AVAXUSDT as it steadfastly holds a key support level and is aligning for a bullish ascent.
💎 EURONEXT:AVAX has encountered robust rejection at the daily support of 8.68 and is setting the stage for upward momentum, likely aiming to retest the daily resistance zone shortly.
💎 A few days ago, a notable shift occurred as demand turned to supply, causing Avalanche price to plummet significantly. Currently, the RSI is indicating a bullish divergence, signaling that Avalanche is potentially on the brink of a bullish trajectory.
💎 If you are planning to trade, remember to strategically place a stop loss at 1.75% to safeguard your position. Trade wisely and stay tuned for more insights.
AVAXUSDT
Recovering time | Long BiasWeekly Chart
AVAX has broken and closed below the support 9.37 then recovering phase now
Chart 4H TF
AVAX created bullish structure then broken out and closed above resistance 9.65 so I expect price will continue go up higher if AVAX won't close below 9.1
So, BINANCE:AVAXUSDT has strong resistance around 14.5 and support 9.1
Wait for next move
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
avax on verge of massive breakout over all in downtrend but now showing signs of reversal and on verge of massive breakout
formed falling wedge in higher timeframe and currently testing multi year trendline incase of breakout expecting massive bullish rally in midterm
incase of successful breakout expecting 3 to 4x bullish wave
Need to check if it can rise above 10.81Hello?
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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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Uptrend Forecast for AVAX Future with Short-Term Target at 9.496In-depth Analysis and Bullish Outlook on AVAX Future:
🚀 Current Price: 9.319
🎯 Target Price: 9.496
🛑 Stop Loss (SL): 9.286
📈 Bullish Rationale:
I am sharing a bullish perspective on AVAX Future with a short-term trading idea, taking into consideration the current market dynamics and potential driving factors.
Market Sentiment: The broader market sentiment towards cryptocurrencies and specifically AVAX seems to be positive/negative (depending on the actual sentiment).
📊 Trading Strategy:
Entry Point: Now/9.319 (depending on your risk tolerance and strategy)
Take Profit: At 9.496, which represents a ~2% increase from the current price.
Stop Loss: Strictly at 9.286 to manage risk effectively.
📝 Note: Trading involves risks and it is crucial to always conduct your thorough research or consult with a professional before making any investment decisions. This idea is based on current market conditions and technical analysis, which are subject to change.
🔄 Updates: I will keep you updated on the progress of this trade idea, and potentially adjust targets and SL depending on how the market evolves.
Let’s navigate through these market conditions together and see how AVAX Future unfolds in the near term!"
AVAXUSDTAVAXUSDT is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge.
Currently the price has given the breakout from falling wedge and now forming a local support around 8.9 region.
Will the bulls take charge again continue for leg higher?
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 where to buy for a long-termHi traders,
Let's have a look at AVAX.
AVAX has been in a long-term downtrend and it still can drop lower.
The price seems to be creating some kind of a falling wedge now.
Our buy area is shown on the chart and it's between 3 and 5 $. This is when in our opinion it's worth to accumulate AVAX.
Targets for the next bull market cycle:
1. 40 $
2. 52 $
3. 76 $
4. 98 $
As we can see from previous market cycle, most Altcoins don't reach their previous ATH therefore we don't believe that AVAX will do so.
What's your opinion?
Good luck traders!
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!
AVAX coin is on the short list with a level of 9.89Hello everyone!
AIHermes today identified the coin AVAX on the short list with a level of 9.89
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 9.75
Trade with us, trade better than us!
Today:
13 coins on the short list
16 coins on the long list.
A lead in the long zone.
The full list of coins is delivered by our bot every day at 9.00 am
AVAX is on the long list with a level of 4.537Hello everyone!!!
AIHermes today identified the coin AVAX on the long list with a level of 4.537
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 4.69
Trade with us, trade better than us!
Today:
19 coins on the short list
17 coins on the long list
AVAX- Remains PromisingAmidst Avalanche’s once-promising ascent, most holders now clutch a bearish reality. Over 90% face losses while development thrives and trading volume wanes, painting a complex landscape.
Avalanche showed great promise during its initial stages, attracting motivated buyers to purchase and retain it. Nevertheless, recent data revealed that most of these buyers and holders were holding their bags at a loss.
As per CoinMarketCap, Avalanche had a circulating supply exceeding 344 million tokens at press time, with a total supply surpassing 400 million tokens. However, insights from Into The Block highlighted that more than 90% AVAX holders were experiencing losses at the time of publication.
Specifically, the data pointed out that approximately 99.45% of holders, accounting for around 5.45 million addresses, found themselves out of the money, indicative of holding at a loss.
WHY LONG:
Despite the downward trend in trading volume, the development activity on the Avalanche network has been consistently robust. This suggested that the platform’s team was actively at work.
Loyal Community:
And while these holders may have hoped for respite, that has not been the case. To make matters worse, IntoTheBlock data showed that 99.5% of AVAX holders were now holding the token at a loss.
The Chart:
On support and looking Bullish to me.
Long on AVAX again and remember to take profits at 14,5
One Love,
The FXPROFESSOR
AVAX analysis for short positionAVAX currency analysis
According to the chart, it is placed inside the order block area and it can have a good potential for a short position.
You can monitor and wait for the login trigger and confirmation candle.
Do capital management and meet the appropriate risk and reward
Good luck and profitable
AVAX .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the AVAX 1h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have any idea or wanna see results with Spot AVAXUSDT, please leave a comment.
AVAX/USDT Best time to buy AVAX for a Long-term ?? Hello Paradisers, here's a gem to monitor closely!
💎 AVAX is consistently revisiting a strong demand zone, marking its fifth attempt.
💎Typically, with repeated tests, demand areas tend to weaken.
💎This suggests AVAX might pierce through this strong demand zone, aiming for fresh daily demand. Once there, expect a significant bounce-back, potentially indicating a liquidity sweep.
💎Additionally, on August 26th, AVAX is set to unlock a whopping 9.54 million tokens. This could exert downward pressure on the price. Stay alert
AVAX/USDT downward momentum? 👀 Avax Today Analysis It appears to be on the brink of a captivating shift, showing signs of waning momentum and a potential downward trajectory.👀
💎 After its initial touch on the OB, AVAX experienced a robust rejection. However, the subsequent 2nd and 3rd touches seemed less forceful. What's the implication? It suggests a depletion of liquidity, hinting at a possible move to address the Bullish Order Block, leaning towards a downward continuation.
💎 Alternatively, there's a chance that the price might bounce back from the previous order block, setting its course upwards.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey