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AVAXUSD

Avalanche: Ready to AvalancheAvalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the resistance at $98.77. However, there is a 35% chance that Avalanche might endeavor to emulate said namesake and slide below the support at $53.16.
BINANCE:AVAXUSD
by MarketIntel
1
Avalanche (AVAX) - March 30Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward. (AVAXUSDT 1W Chart) Primary resistance: around 107.62 Secondary resistance: 133.79-142.52 Support: 72.72-81.45 (1D chart) Key Point Point: 89.59 We need to see if we can move up along the rising channel that has been formed in the short term. However, it may temporarily touch the 4th section (72.72-81.45) and rise, so careful trading is required. (buy) - After confirming the support around 89.59 (Stop Loss) - When it falls below 81.45 - When it falls below 72.72 (Sell) Sections 1 and 2 are a psychological resistance section, and there is a high possibility of shaking up and down. So, if you decide to sell 100%, you should not buy again if the price rises. - When resistance is received in section 1 - When resistance is received in section 3 ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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.) ---------------------------------
by readCrypto
1
avax/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: The 5th wave of the minor wave (3) cycle hit sooner than expected and we've reached the bottom of the wave (4) retracement. We should be working on the last impulse wave (5) of the bigger cycle as shown. The price of wave 4 has entered price territory of wave (1), which normally doesn't happen too often, but when it does, it's a good indication that the bottom is in or near, unless its a dead shitcoin. I don't think avax is dead as there are a lot of good development from the team.
BINANCE:AVAXUSD
by AyoKu
AVAX - Take entry at these pointsBYBIT:AVAXUSDT 4H trend chart - AVAX just broke out the downtrend line, and that is the timing we can buy. Also, it is forming a potential double bottom, which neckline is 90.855 on 4H. So we can take entry again once the price overcome the neckline, and trading strategy as below. - Profit Targets: a) 98.060~100.975----Fib(1.272~1.382) b) 104.105----Fib(1.5) c) 117.350----Fib(2) Stop losses: a) 76.4-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
5