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AVAXUSD

AVAX/USD - ATH @ $99.90. Time to be careful! 🙄AVAX has been in a clear bullish trend for some time and has set a new all-time high today at just under $100. However, so far, the bullish momentum wasn’t able to surpass the milestone level, and today’s candle might end up with a long wick to the upside. The critical resistance level lies at the $100 – $102 range. If bulls fail to close above the resistance, we can expect a retracement to the key support level around $78. Trading Volume: Volume was high (bullish) on this last leg higher; however, it is still lower than the volume recorded in September. A decreasing amount of volume in an uptrend is a possible sign of trend weakening. RSI: The RSI has seen a large bearish divergence. Each higher-high on price was followed by a lower high on the RSI, ranging from August to November. If this divergence plays out, then AVAX may enter a significant correction. MACD: The MACD on the daily timeframe is bullish at the time of this writing, but similarly to the RSI, the MACD histogram shows signs of a bearish divergence. Watch closer if the MACD goes through a bearish cross on its moving averages. The bias for AVAX is bullish right now, however, if support fails to hold, it can quickly turn short-term bearish. While today’s 3-digit all-time high gives an excellent reason to celebrate for Avalanche holders, the strength of the last leg pales in comparison to the past. This is sufficient reason for extra cautious watching the price action and the daily and weekly candle. Following a major rally, AVAX might need to breathe some air and retest the critical support at $78 before attempting to break $100.
by DU09
3
AVALANCHE - 100$ 🗸🍊 AVAX has done GREAT for us. We had called it our 'Spot Queen for the Season' with a target of 100$ and it became a reality very fast: We know a breakout when we see it and when Fundamentals agree it's sometimes easier to more than double in 90 days than it is to do so in months: what a fantastic example this has been. Once again: Blazingly Fast, Low Cost, & Eco-Friendly. Solid Tech, robust tokenomics and a visionary founder. It can easily overtake some of the Tokens/coins that have stopped growing, like Polkadot, XRP and DOGE. Not as fast as Solana, not as decentralized as Cardano , not as profitable as Ethereum but the parabolic growth should grow. The AVALANCHe community is fanatic with AVAX and the growth seems more organic and healthy than the competition. TECHNICALLY: Time to take some profits and wait for a new entry. Price might need to ,ose some steam and test support at 83$ before going higher. It's been fun, yes. One Love, the FXPROFESSOR
Long
by FX_Professor
3
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (88.32). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AVAXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 94.00 TP2= @ 97.00 TP3= @ 100.00 TP4= @ 106.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
11
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (88.32). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AVAXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 94.00 TP2= @ 97.00 TP3= @ 100.00 TP4= @ 106.50 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
AVAXUSDT - Time to buy?BYBIT:AVAXUSDT 1H trend chart - AVAX just broke out the downtrend line, and even took out the neckline of double bottom(blue zone) in 1H chart right now. There are lots resistance around the neckline. So if price can stand firm at 90.015 w/o wicks top, trading strategy as below. - Profit Targets: a) 93.285~94.605----Fib(1.272~1.382) b) 96.025----Fib(1.5) c) 102.030----Fib(2) Stop losses: a) 87.615-----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
AVAX ideaChart shows a study of recent AVAX movements with updated channel. It is on the way to secure the H&S pattern target, but the midline acts as a strong resist for now. Upper channel price actions will be interesting. Although not necessary, the pattern breakouts should usually show a volume breakout as well to confirm the trade. Right now the volume seems to be lower than the left shoulder, but this condition is just to confirm the trade, its not a must. I expect the neckline of the pattern ($73) to act as a support with the channel bottom and $95 can be reached easily, with invalidation below the neckline of course, which will make the downside target area between $52-58 for a short opportunity. As a trading strategy, I wouldn't jump in the coin at the moment but instead, buy the support, take profit at resists. Stay safe!
by crypto_chebz
AVAXUSDT , The price should have some pullbackHi guys Did you take the profit of last week that we published ? or Not ? Today we have analysis another amazing layer 2 blockchain coin In last days AVAX is moving powerful toward new target and made new ATH because of the fundamental and news that published , at this time in technical view we need pullback for the price to be attractive for the investor and trader to be in buy position and buy some money of portfolio to AVAX . We shown on chart a buy zone area and here we have nice R/r but this is market and anytime can happen anything we should be conscious about the market and the movement of trader . BECAREFUL GUYS , MAYBE MARKET WILL STOP HUNTERING THE POSITION Dont forget to attention to money management Good Luck Abtin
Short
by Abtin00
8
AVAX daily chart AVAX/USDT AVAX price eyes 25% ascent as Avalanche bulls prepare for triple-digit territory AVAX price to enter triple-digit territory AVAX price action between September 7 and October 20 formed a bullish continuation pattern. In particular, Avalanche bulls triggered a 153% ascent between September 7 and September 23, known as a flagpole. This move was followed by a consolidation in the form of a descending parallel channel known as a flag. A decisive daily candlestick close above the flag’s upper trend line at $57 constitutes a breakout, forecasting a 153% ascent to $130. This target is obtained by adding the flagpole height to the breakout point. So far, AVAX price has rallied 56% and has a lot more to go. However, there is a good chance that Avalanche will retrace to the daily demand zone ranging from $72.06 to $81.23. This move will allow the bulls to replenish for another leg-up. In such a case, AVAX price will rally 25% to retest the 100% trend-based Fibonacci extension level at $100. A highly bullish case could see Avalanche bulls extend this uptrend to the next level at $130, constituting a 60% ascent.
by bnb_cake_avax_png_matic
1
AVAX - INV-H&S TARGET HIT! WHATS NEXT?Hey everyone. AVAX had a nice Inverse H&S followed by a retest of the neck line and bounce. That's EXACTLY what I like to see in a H&S pattern. The question now is CAN WE GO HIGHER before a little consolidation. AVAX does look pretty strong. I pulled up a fib retracement to get some ideas of what to look for IF there is a slight pullback. There MAY NOT be one In which case I expect AVAX to HIT the $100 - $105 mark. If it does retrace here, I THINK it would likely bounce off the .786 or .618 level ... It looks strong so a bounce off of the .786 would lead to a more immediate continuation to the upside. A .618 bounce could result in a bull flag and then continuation upwards. Any type of 4HR close below the .618 would likely lead to a slower consolidation. I think this is just the start for AVAX and It should continue to do well this bull market. I will update this IDEA as I do the others. When I first put out an AVAX chart it was around $59 (link below) . We've gained over 50% since then! I do believe there will be much more upside to come this bull market as I REALLY LIKE the Fundamentals of this coin. It's not too late to get in... I would wait for a correction though. and we'll have a better IDEA of a potential LOW RISK entry! If you like this IDEA please LIKE, FOLLOW, and SHARE. I appreciate it and It helps me achieve my goal of helping others by providing realistic market analysis. Hope everyone is doing well. DON'T FORGET to TAKE PROFITS. You never actually GAIN MONEY until you take profits. ** As always, This is NOT financial advice. This is just an IDEA based off of my experience trading and studying cryptocurrencies. I always recommend doing your own research before investing or trading anything.** Take care.
by Mboersma0324
1