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AVAXUSD

AVAXUSD Don't get excited until it breaks these levelsAvalanche is having a good stretch in December but we can't lift our hopes yet as it remains below the 1D MA50 . Even if it breaks it, it will still be contained inside the Falling Wedge of June. Our signal to enter AVAXUSD will be when it breaks the 1D MA200 , which is untouched since April 10th. The bullish target will be $30.00. Until this happen, with the RSI pattern looking increasingly like the last 1D MA50 rejection, it is more likely to see the Falling Wedge break downwards and make a new low on the 1.236 Fibonacci at $9.00. Follow us, like the idea and leave a comment below!!
BINANCE:AVAXUSD
by TheCryptagon
AVAX's chart has become very similar to the Bitcoin's!AVAX has gained in price over the past week in the 4-hour time frame. According to the divergences formed on the RSI indicator and the breaking of the resistance of the downward trend line, as expected, the price of Avax had good growth up to the range of $13.3. But we can clearly see a range area in the 4-hour timeframe. A resistance was considered for Awax last week in the range of $13.26-$13.45, which has seen a negative reaction, with the price closely touching this area. Also, a support area in the range of $12.4 to $12.7 is considered on the chart, and the price is ranging between these levels. In the 1-hour time frame, the AVAX chart has become very similar to the Bitcoin chart. Therefore, considering this high correlation, we can better understand the behavior of Awax by considering the movement behavior of Bitcoin. If Bitcoin continues its upward movement, Avax could break the current resistance to the $14.8-$15 level. This resistance overlaps with the midline of the Avax descending channel, and the probability of a negative reaction at this level is high.
by MonoCoinSignal
2
Avalanche (AVAX) - November 24Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) In order to get the power to rise, it must be supported in the range of 0.0007 164 to 0.0009 769. --------------------------------------- (AVAXUSDT 1W Chart) The 15.44-20.30 interval is the one that determines the trend. Therefore, it is important to be supported by rising to the 15.44-20.30 section. However, the 13.47 point is the volume profile section, and if resistance is received at 13.47, there is a possibility of falling to around 6.54, so you need to think about countermeasures. (1D chart) It will be important if the price can quickly rise above 13.47 and sustain the price. If this is not the case, it may lead to further declines, so cautious trading is required. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
Avalanche (AVAX) - November 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) The key is whether the 0.007164-0.009769 zone can support and move up. If the price holds above 0.009187, it is expected to dissipate strength. ----------------------------------------- (AVAXUSDT 1W Chart) The key is whether it can be supported by rising to the 15.44-20.30 section. To do that, we need to see if it can rise above 13.47. (1D chart) The key is whether it can rise above 13.47 and find support. If it doesn't, there is a possibility that it will move towards the 7.72 area, so be careful. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (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.) ---------------------------------
by readCrypto