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AVAXUSD

Avalanche: The Very Hungry Caterpillar 🐛You know the children’s book The Very Hungry Caterpillar by Eric Carle? Just like the story’s protagonist, Avalanche is crawling around with wriggly movements and is repeatedly gnawing at the turquoise zone between $25.29 and $39.63. If the altcoin wants to further our primary scenario, though, it should pupate soon and emerge as a beautiful butterfly, flapping away above the resistance at $103.64. However, there is also a chance that Avalanche could lose its footing and drop below the resistance at $9.25, which would then elicit a strong downwards spiral.
BINANCE:AVAXUSD
by MarketIntel
AVAX TREND UNDER THREAT?AVAX 1D: Bearish flag brewing as illustrated between the white regression lines. Also note the declining volume against rising price as shown along the bottom of the chart. Strong price architecture is built on a solid volume foundation. That foundation looks to be waning. A downside breach of the 24.17 level, which is (-2 ) standard deviations off the linear mean, would potentially put the recent upward trend under threat. The RSI has touched the overbought level at the top end of its range on the 1 day time frame and begun trending downward. Trips over 70 on larger timeframes such as the 1 day chart are significant indications of a rally potentially coming to its end. Stay nimble out there.
BINANCE:AVAXUSD
by Firewalker_Charts
AVAXUSDT 1D Medium-term trade - our target $30We are already forming a series of ideas on the AVAXUSDT trading pair. We published the last of them a week ago. During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13 Also, for almost a month, the Avax price has been consolidating above the critical support level above $15. Such input data for Avalanche token price gives the right to enter a medium-term trade: Entrance $16.50 Stop $14.54 (-12%) TP1 (50% position) - $26.74 (+62%) TP2 (50% position) - $29.94 (+82%) P/L ratio 7/1 Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Long
by P_S_trade
32
Avalanche (AVAX) - August 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSDT 1M Chart) The key is whether it can rise above the 39.76-44.62 section. To do that, you need to keep the price above the 15.44-20.30 range. (1W chart) Primary resistance: 30.03 Secondary resistance: 39.76-44.62 Support: 15.44-20.30 The intervals 15.44-20.30 and 39.76-44.62 are the intervals that determine the trend. So, if you hold the price above 20.30, it is likely to move above 39.76. To that end, the key is whether it can be supported by rising above 30.03 in the first place. (1D chart) Primary resistance: 27.95-30.03 Secondary resistance: 36.85-39.76 1st support: 23.72 2nd support: 15.44-20.30 The RSI and Stoch RSI indicators are entering the overbought zone. Therefore, it is necessary to check where support and resistance are found when exiting the overbought zone. If you fail to break above the 27.95-30.03 section, you should check to see if there is support around 23.72. If it rises above 30.03 and finds support, it is likely to lead to a move towards the 39.76-44.62 section. Therefore, the key issue is whether it can rise above 30.03 and receive support. -------------------------------------- If you look at the 1M chart, you can see that there has been a huge decline. Therefore, it is not easy to invest even if it shows an upward trend on the 1D chart. However, if you are not investing now, it is highly likely that you will start investing when it rises to the 39.76-44.62 range. The 39.76-44.62 interval is the interval that determines the trend. So, if it moves above 44.62, it will continue its uptrend, but if it doesn't, it will go downhill. The closer you get to this important support and resistance zone, the more likely the peak will be when you feel compelled to buy now. Conversely, if you buy, the area that is more likely to decline is more likely to be the bottom. Between this bottom section and the section where a full-fledged uptrend starts, it is a good section from a mid- to long-term point of view, no matter where you buy. However, when a further decline occurs, it is important to secure adequate cash because a better opportunity may be missed due to a lack of cash. In that sense, the method I recommend is - Buy when the price moves sideways or when the price falls at a certain rate (for example, when it falls by -10% or -20%), - When the price rises and receives resistance in the resistance section, sell when it rises at a certain rate (for example, when it rises by 10% or 20%). This is a method to increase the number of remaining coins (tokens) with a small amount of cash profit by selling with the purchase principal (+ transaction fee x 2 ~ transaction fee x 20 included) when selling. Cash management is important because this method has to be continued until the start of a full-fledged uptrend, so if you buy using too much cash at once, you may run out of cash. Since the coin (token) secured in this way has an average purchase price of 0, it is always in a state of profit until the price becomes 0. From a mid- to long-term perspective, the need to increase the number of coins (tokens) is to increase these coins (tokens). ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Risky Trade - AVAX LongToday`s trading idea is based on AVAX and going long with strict risk applied to it, and the ability to use leverage to your advantage. This trade might be a bit too risky for some of you , but for those that don't shy away from taking a bit extra on their accounts, it can be a great idea and way to generate a bit extra right before the holiday season in August Long AVAX/USDT x10 ➡️Entry: 23.48 ✅Targets: 24.01(50%) - 24.59(25%) - 25.30(25%) ❌SL: 22.99
Long
by Atlas-Horizon