AVAXUSDT
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.
AVAX rise by 123%🔥 Will the party continue❓Hi friends! Avalanche is already rise by 123% from it`s bottom. By the way BTC made +40%.
Now the price is inside the wedge and ready to break up from one side. But AVAX need to make a pullback to cool down. This is a chance to open a long for us.
If the price fall to the closest value area it should become the support. The second support is lower boundary of the wedge. These two layers can stop the fall and let the alt to cool down before the growth to the new targets.
📊 Preconditions to open a long:
1. local pullback to the $23-25.5 value area and lower border of the wedge
2. volume growth which confirms the big players pressence
3. BIG ORDERS by the whales on DOM and Footprint. If the big orders apear it`s a big chance to the AVAX to continue it`s growth because the whales won`t let the price to fall.
4. bullish BTC
📊 The targets are a key levels:
🔥 $40 - closest resistance
🔥 $50 - even number
🔥 $70 - local high
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AVAXUSDT
As we analyzed on August 2, we predicted a rising trend and now one of our targets is hit. In this chart, we have R1 as a resistance line that shows the disability of the price to rise. S2 used to be a resistance line and S1 and S3 are our support lines that include the support of the price at several points since the past. Here we have the price fluctuating over S1 and we expect it will rise to R1 to S1 and there by giving us some confirmation candles, it will face more rise to higher amounts above R1. Also it is possible for the price to lose the support when it reaches R1 and start a decline to S1. Note that R1 is considered a good area for saving profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Avax Short - Taking liquidity from bulls
Reasons to take Short:
⭐️ BTC 100 ATR
⭐️ We coudn't update high
⭐️ Trendline is clearly seen on daily timeframe
⭐️ Had false breakdown
⭐️ 50 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Avalanche: bullish outlookThe market remains in the uptrend on the Daily timeframe. Another resistance with the borders of $24.38 – $25.76 was broken on August 6. Now we see the beginning of the correction wave after the bullish impulse formation, but the trend is still bullish on the Daily price chart.
A pullback buying opportunity will appear after the correction completion on the Daily timeframe. The high of the yesterday’s candle may be an intermediate target when the upward movement continues.
If the upward movement develops, the next target will be around the resistance formed on May 13 – 18. This is the price range of $36.54 – $38.38 .
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 1 – 4 . The borders of this support are $21.96 – $22.69.
AVAX to re-test the $39 IF we hold $27 as support.AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
AVAX to re-test the $39 IF we hold $27 as support. AVAX has been massively oversold and undervalued for the last few months.
We've seen a strong relief rally thus far that may be sustained until $34 - $39 IF we can turn $27 into support.
If $27 does not turn into support and BTC and ETH see a correction, we could see price action for AVAX take another dive down to the low 20s.
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.
_______________________________
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AVAX- 27,65 Reached - Off to 50s Next? ♨️♨️Market becoming Bullish early this week as you have been informed:
I think this time is ok to FOMO on most crypto today but not AVAX yet:
US printing money to fight inflation.. take a wild guess what that can do to Bitcoin (🚀🚀🚀🚀).
BTC Technical analysis:
Still in ascending channel . The Top (resistance) is just below 25k . I see 70% chances of breaking over the channel and off to 28k Resistance (our first target as given few weeks ago).
Watch the video and take a look at THIS:
After the Falls we naturally get a lake
I think it ended up being Perfect.
One Love,
The FXPROFESSOR
AVAXUSD breakout, could this be the start of a new move higher?Hi, welcome to Monday's update. Today's focus is on AVAXUSD after last weekend's solid two days of buying that broke above resistance
Are we seeing a new higher extension on AVAXUSD? That is the question we're asking in today's video update. Weekend trade has set up the first sign with a break above 25.30 resistance. What we would like to see now is for the move to continue higher and test the next resistance levels seen at 27.50, 31 and 36.
In a perfect world, we would see price continue to push higher a bit more before we see a new pullback. We are looking for the pullback to find support at the previous breakout point and turn the previous resistance level into new support.
A new HL created around the previous level of resistance followed up by a new HH would be a good sign and could signal a buy into the new move. From that point, we would like to see buyers break 31 and 36 resistance to signal that a new short-medium-term trend higher is underway.
A new lower move closing below 25 would be a worry and could tell us that buyer momentum might not be as strong as thought.
Good trading, and enjoy the rest of your Monday.