AVAX Bear Channel Buy Setup @ ~$40 AVAX has been trading in a descending channel since reaching its ATH at $150.
Recently rejected off the top of the range (red ellipse).
Be sure to watch AVAX/BTC, BTC.D, and TOTAL if you have serious money invested in this project and always do your own due diligence.
Strong belief that AVAX's use case is legitimate to counter ETH's high fees, this is just my observation of a technical setup.
Cheers!
AVAXBTC
AVAXUSDT, Its time to have some move down Hello everybody
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AVAX is one of the most powerful project that is working on many property base and it can be the future because ...
According to the chart and previous analysis, exactly the price recovery it self from the support zone area and had some rised.
But until now the trend of the price was not changed and the trend is downward and we should only take short position because is according to the trend.
Also you can put your stop loss at the higher shadow of the candle a little upper and put our target exactly very we put and observe your capital management.
Good Luck
Abtin
Previous analysis :
AVAX Avalanche Entry Price ReachedTraders,
I didn't think it would happen in hours. I doubted it would happen within days.
A few hours ago, I did video analysis on AVAX. At that point it was pushing up into the purple triangle. I remained skeptical it would remain on the top side of the purple line by candle close. The price I was looking to reach on the downside was $78-80. I expected we might get there in a week or so, maybe days. But we almost did it in a few hours. If you snagged this up at the low then congrats to you. The power of technical analysis is shown once again.
- Stewdamus
AVAXUSDT-SHORTBased on technical factors there is a short position in :
AVAXUSDT Avalanche
Score 3️⃣
🔴Short Now or set on Key Level 71.95
🟢Target 1 66.65
🟢Target 2 62.20
🟢Target 3 52.70
❌Stop loss 74.55
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Avalanche (AVAX) - January 28Hello?
Traders, welcome.
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(AVAXUSD 1W Chart)
Above the 30.5062427 point: the uptrend expected to continue
Although it is in a downtrend, the chart as a whole is maintaining an uptrend.
The 56.5183378-63.3093173 section is the previous high point section, so it is necessary to check whether it is supported in this section.
To continue the uptrend, it must rise above the 87.6501953 point.
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(AVAXBTC 1W Chart)
Above 0.0012 point: Expected to create a new wave.
However, since a volume profile section is being formed near the 0.0015196 point, it is important to maintain the price above this point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AVAXUSDT, We are in wave C or 2 ??Hello everybody
According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone.
In here exactly first support zone was activated exactly.
We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC.
Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase.
This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone.
Good Luck
Abtin
Previous analysis :
AVAX appears with a bullish pattern* AVAX in 4H time frame forms a Falling wedge pattern.
* Falling wedge is a bullish pattern which appears when the price moves between two descending trendlines forming lower-lows and lower-highs.
* Price above the upper descending trendline can give a bullish move towards $115 levels.
avax 1-10 update 🎵avax seems to be playing out my original trajectory via 👇
i seriously didn't expect to see it back down at these prices to be totally honest.
if it genuinely does get down into the 60's, i'm going to be all over it.
i don't have a stronger pick than avalanche (aside from ethereum); they are my top two going into the future.
ps. once this bottom is in, we should begin some sort of move to the upside - just not sure what that move is going to be just yet. its possible that this will complete a wave W, then we still have a larger wave X and Y to go before the real bull run begins.
Update on AVAXPrice action on AVAX-BTC has been moving as expected (see related idea). Price needs to either hold here at the 50 EMA, or find support at the Channel Support line. I'm not seeing any particular weakness in the trend, so I'm considering a small long in this price range. I'm waiting for bullish divergence or seller exhaustion on the 4-hour chart to enter.
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avax 1\6 updategood evening,
i have reason to believe avax has or is extremely close to a bottom.
84~87 would be the area it finds buyers if the local golden zone was to break.
if this is a 1-2 setup (which is highly possible), then wave 3 target sits at $210.
if it's some kinda corrective structure, then aim for $152.
$AVAX/BTC 4h (Binance Spot) Bull flag on supportAvalanche is accumulating and looking ready for bullish continuation after bouncing back on 200MA.
Current Price= 0.0017913
Buy Entry= 0.0017917 - 0.0016917
Take Profit= 0.0021484 | 0.0025481 | 0.0030662
Stop Loss= 0.0014697
Risk/Reward= 1:1.5 | 1:2.96 | 1:4.87
Expected Profit= +23.35% | +46.30% | +76.05%
Possible Loss= -23.12%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 weeks
Websites: www.avax.network www.avalabs.org
Contracts:
#Mainnet
#BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
#AVAXC FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z
AVAXUSDT Technical Analysis💎 AVAXUSDT has been making HHs and HLs on H1. It has formed a Bullish flag so after the breakout we can expect a Pullback and if we see a Bullish setup we cna go long.
🎳 Entry now or from 112.67 - 109.42
☕️ TP 117.49
🍺 TP 123.90
🍻 TP 130.54
🍾 TP 137.00
🍷 TP
🍸 TP
🍹 TP
🎁 TP
🚫 SL 109.01 - 106.48
Good Luck 🎲
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$AVAX AVAX/BTC I have shared my AVAXUSDT expectations before and the price continues exactly as I expected. When we look at the BTC parity, possible Cup and Handle Pattern targets are written in dollars on the chart and supports my expectations on AVAX/USDT. I will carry my long position to the targets, which I entered from $100 ish band. Good luck to everyone in their trades.
AVAXUSDT beklentilerimi daha önce paylaşmıştım ve fiyat tam da beklediğim şekilde devam ediyor. BTC paritesinde baktığımızda oluşması ihtimal Çanak Kulp Formasyonu hedefleri grafikte dolar cinsinden yazılı ve AVAX/USDT grafiğindeki beklentilerimle destekler şekilde örtüşüyor. $100 bandından girdiğim long işlemimi hedeflere kadar taşıyacağım. Herkese işlemlerinde başarılar.