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AVAXUSD

AVAX/USD - Rally to $120 next! Strong momentum.Avalanche rallied on the news that it will be the newest network to support USDC, the second-largest stablecoin in the crypto market. Key Support levels: $95, $78 Key Resistance levels: $121, $147 (ATH) AVAX touched the support at $78 before starting a significant rally after Circle announced AVAX as the next network on which USDC can transact. This news took the cryptocurrency above the resistance at $100 which now acts as support. The next key resistance is found at $121 and the all-time high is still some distance away at $147. Technical Indicators Trading Volume: Strong volume behind this most recent rally. This is bullish and there appears to be no weakness in the momentum at the time of this post. There is technical resistance at $121. RSI: The daily RSI is moving higher and, at this rate, it can make a higher high soon. Considering it is at 56 points at the time of this post, AVAX has plenty of room to run before getting into overbought conditions. MACD: The MACD on the daily completed a bullish crossover. This shows that the AVAX’s correction has ended and a new rally is in play. Bias The bias for AVAX is bullish. It’s important to keep a close eye on the next key resistance as the price may suffer a pullback once it’s there. Short-Term Price Prediction for AVAX AVAX’s strong fundamentals propelled the price higher in the past three days and this momentum might continue in the nearby future, provided that the broader market doesn’t tank. The indicators and fundamentals favor the bulls right now. Like and follow if you liked my idea!
Long
by DU09
3
Avalanche looks like it’s close to finished with its correctionThis ascending yellow line was essentially a neckline for an ascending head and shoulders pattern. Once we broke down from this the actually target was around $57, but being a bearish pattern during a bull market probability favors that it would not hit 100% of it’s measured move breakdown target…by bouncing where it has though it has created a much more standard horizontal neckline of a more stereotypically shaped head and shoulders pattern (the neckline shown here in red). The target for breaking down from this head and shoulders is well under $10. Personally this seems highly unlikely to me. Something like this would likely only occur during a sever and unexpected black swan and would only stay at that price range for a very short time if it did happen, which would i anything only be a tremendous opportunity to stack one of the more fundamentally strong crypto projects in the space. Due to avalanche’s strong fundamentals and utility, I think probability much more highly favors that we maintain the horizontal red line as support before inevitably confirming the correction is over and heading higher. Until I’m certain that we are fully finished with he correction however I will have to leave this as a neutral idea, even though I’m definitely leaning bullish on it. *not inancial advice*
COINBASE:AVAXUSD
by DrDovetail
AVAX/USD - Defiant AVAX PUMPs while market tanks! 😍If you are searching for a coin that is pumping you came to the right place. AVAX completely ignored the market dump today and pumped another 10% and is now attempting to break away from the range, but this resistance just under $100 seems a hard one to crack. Regardless, AVAX is showing strength when most of the market is bearish. Volume is up and MACD+RSI are keen to curve up. If this momentum is maintained, we can have a rally soon, particularly if AVAX breaks away from this range. Tomorrow's price action will be critical. If AVAX can turn the current resistance into support, we're GOLD. Bias is mildly bullish, lets see if AVAX can sustain this price action. Like and follow if you liked my idea!
Long
by DU09
avax 1-2?got a feeling avax is in a bullish 1-2 setup here. >reason being, it retraced from the recent highs of $146 in a 3 wave move (a-b-c). >wave c was 123.60% of wave a, and landed perfectly into the larger local golden zone at about $76. >look how it's dipping relative to everything else, super high demand + signs of accumulation. i'll share my longer term avax count later this week if this upward move is confirmed. ---- looking to take this from around $84~>$121 for a sub-wave 3 swing. slightly higher risk on this trade, due to this unique setup in a sea of endless chop. previous avax posts 👇
FTX:AVAXPERPLong
by notoriousbids
2
AVAX! Swing trade Is looking Greeat. Previous resistance is support. Great Risk and reward. ;) If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE This one Falls In our research on swing set ups with a good ratio of Risk and Reward. As always er put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio. Subscribe and don’t miss OUT the next research. Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains. Thank you for the Love, I really appreciate those likes, makes a difference and pushes me to keep on posting more of these!
BITFINEX:AVAXUSDLong
by JhonMontana
AVAXUSDT - Buy it with TP/SLBYBIT:AVAXUSDT 1H trend chart - AVAX has broken out the descending wedge, so it's a nice timing for long Our trading strategy as below. - Profit Targets: a) 96.53----Fib(1) b) 101.879~104.030----Fib(1.272~1.382) c) 108.665----Fib(1.618) d) 116.165----Fib(2) Stop losses: a) 88.365-----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!
Long
by EthanTW
2
AVAX , LET'S GO 🏃🏽‍♂️ 💥Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 AVAX /USDT DAILY CHART 📌 PRICE ACTION - E-WAVE ANALYSIS - FIBO 📍 AVAXUSDT is looking bullish and it has managed to recover not only its downfall but also it has managed to hit and break its ATH, unlike many other coins. ✍🏼 From E-wave perspective, I am not really sure if the latest wave is the 5th wave itself (from the first wave) or is it just the 5th wave of the 3rd; both are valid ! ✍🏼 It also does not matter that much; for both scenarios we have confirmations of a growth! ✍🏼 From price action point of view, the price has touched and had a pullback to the middle-line of the parallel-channel which can be a bullish sign! ⚠️ However, the price is stuck in a resistance zone, if it manages to break this zone I think that AVAXUSDT ought to see the upper targets. Thanks for reading this TA If you enjoyed reading this, I would appreciate it to let me know by clicking the LIKE button 👍🏼 🧐 ASK ME IF YOU GOT ANY PROBLEM AND OR QUESTION ABOUT THE CHART OR MY TA 🧐 ⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
by C_EWAVE13
6
AVAXUSD Buy SignalPattern: Channel Up on the 1D time-frame. Signal: Buy as the price is A) holding the Higher Lows (bottom) trend-line of the Channel Up, B) holding the 1D MA100 (green trend-line) and C) holding the 6-month CCI Support Zone. Target: $200 (just below the 1.5 Fibonacci extension and Higher High trend-line of the Channel Up). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSDLong
by TradingShot
7
🗸🍊 AVALANCHE - Ready to Climb to Top-10 for goodSituation today feels like a funeral in the crypto-space, with so many losses and prices unable to perform an emphatic rebound. This can start from AVALANCHE. The fundamentals have been Great and unlike Polkadot, XRP, Doge (these 3 are now on top of AVAX) AVAX still has momentum to rise further. The correction has happened after we had reached are 2 main targets for 2021 (100 and 117): REMEMBER: If you fail to take profits you will keep on failing to buy dips. We did well with AVAX and the budget is there to buy in again. Time to repeat the same target: 100, 117 and why not, even 150$ One Love, the FXPROFESSOR
Long
by FX_Professor
8
(Update) AVAX now has a Greater Chance to IncreaseHi every one AVAX/USDT Last Time we talked about AVAX, It was on a Verge of Bullish or Bearish Movement! But Now The Price has Broken the Symmetrical pattern Upwardly! this means the Price now has a Greater Chance to Increase From this Point! A pullback might Happen Before Ascending Further. The Price can reach around 110$, ⚪Summery: -AVAX is Gonna Increase! -Upward Break out! -a Pullback Might happen -Target and Resistance :around 110$ previous Analysis: 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
3