Black FridayUp to 80% OFF

Avalancheusdt

AVAX - finally going to make a big move??AVAX - finally going to make a big move?? This ones interesting 1. usually it moves out of phase a bit, after the other popular L1's from last cycle. so its good for rotation if one of the others moves hard first. 2. remember that lawyer vid from last cycle; these guys strike me as massive cheeseball scammy mofos ;; but then in crypto who isn't ?? I've decided to play JOE, and its my only AVAX chain play. Also the chart is not as clear cut as some of the other big ones; eth, btc, sol etc Looks like there is a chance we are bearish here... but im pretty confident this cycle is not done so early. but always remain vigilant and able to move like water. that is what will save your portfolio. \ gl
CRYPTO:AVAXUSDLong
by Crypto-Quantum-Fox
1
High risk tradeThis is a 4-hour chart analysis of the AVAX/USDT pair, highlighting key support and resistance levels. The market has experienced several fake breaks near the upper resistance. The area between $24.70 and $25.40 serves as a strong support zone, and a potential entry point for a buy position. Trade Breakdown: - Buy Entry 🟢: Support zone at $24.70 - $25.40 - Target 🎯: Resistance area at $32.55 - Stop Loss (SL) 🚫: - High Risk SL: Below $24.70 - Best SL: Below $22.00 This analysis suggests that traders could consider entering a long position around the support zone while setting appropriate stop-loss levels to manage risk.
Long
by ahmadarz
2
Avalanche AVAX price is on the verge of a strong movementThe trading volume of #AVAXUSDT has firmly established itself in the top 10. So is Avalanche token being actively sold or bought now? We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement: 🔴 red - $35 - $45 - ($18.7-23.7) 🔵 blue - $32 - $55 - $43 - $110 So which pill 💊 will you choose 🔴🤷🔵 ? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
Avalanche (AVAX) Rises: Can It Break Thru $30?Avalanche (AVAX), a prominent smart contracts platform, is currently experiencing a surge in price. As of July 1, 2024, AVAX is trading confidently above the $28.65 resistance level, hinting at a potential breakout. This article delves into the recent AVAX price rally, explores the technical analysis behind it, and examines whether AVAX can conquer the critical $30 resistance zone. A Bullish Breeze for AVAX The ongoing AVAX price rally offers a sigh of relief for investors after a period of price stability. The current movement signifies positive momentum, with AVAX climbing steadily from its $27.40 support level. This upward trend is further bolstered by the fact that AVAX is currently trading above both the $28.65 resistance level and the 100-hourly simple moving average (SMA). Technical Indicators Paint a Breakout Picture Technical analysis is a valuable tool for understanding price movements and predicting future trends. In the case of AVAX, a crucial technical indicator is the recent break above the declining channel with resistance at $28.40 on the hourly chart. This breakout suggests a shift in momentum, potentially paving the way for a further price increase. The $30 Hurdle: A Crucial Test While the current trend is undoubtedly positive, a significant hurdle awaits AVAX at the $30 resistance zone. A decisive break above $30 would be a strong bullish signal, indicating continued upward momentum. If achieved, this breakout could lead to further price appreciation, with potential targets around $32.50 or even $34.00. Support Levels: A Safety Net It's crucial to remember that the cryptocurrency market is inherently volatile. Even in a bullish scenario, there's always the possibility of price corrections. For AVAX, the $29.35 and $28.65 levels act as critical support zones. If the price fails to surpass $30, these support levels can prevent a significant decline. Additionally, the 50% Fibonacci retracement level of the upward move from $27.37 to $29.95 provides another layer of support around $28.65. A drop below $28.65 could lead to a slide towards the $28.00 level and the 100 SMA (4 hours). The $27.40 zone would be the next important support to watch in case of a deeper correction. MACD and RSI: Bullish Whispers Beyond price action, other technical indicators offer valuable insights. The Moving Average Convergence Divergence (MACD) indicator for AVAX/USD is currently climbing in positive territory. This suggests increasing bullish momentum. Additionally, the Hourly Relative Strength Index (RSI) is hovering above 50, indicating that the market is neither overbought nor oversold. This neutral RSI reading implies that there's still room for the price to rise before a potential correction. Looking Ahead: A Promising Future for AVAX The current price rally for AVAX is a positive development, with technical indicators suggesting a potential breakout above the $30 resistance level. If achieved, this breakout could lead to further gains. However, investors should exercise caution and be aware of the crucial support zones at $29.35 and $28.65. Monitoring the MACD and RSI indicators can also provide valuable insights into the ongoing price trend. Overall, the outlook for AVAX appears promising, and a break above $30 would be a significant bullish signal for the cryptocurrency. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
Long
by bryandowningqln
AVALANCHE/AVAXUSDT REDISTRIBUTEWe might think were super bullish, as a trader Im following my own ideology on charts not on hyping or whatever other people say about a coin. they dont even know what they are doing. Im expecting higher price on CRYPTOCAP:AVAX @55-60$ per coin. Not shorting unless we have confirmation, other people automatically trade without knowing it. how come you know the trade is valid if price or current momentum has no confirmation. Trade at your own risk. Im not here to make a execution of your own trade, own it or trade it. Leverage thing is a dangerous on your account. Not biasing the short but selling my spot at that current level.
BINANCE:AVAXUSDLong
by D1GITALTRADES
Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
CRYPTO:AVAXUSD
by YavuzAkbay
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks. In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did. Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$. We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline. We have good support level around 28 -31$ and big resistance around 55-65$. Good things take time, be patient.
COINBASE:AVAXUSDLong
by Trading-Temple-
2
Analyzing $AVAX's Struggle in the $51-$56 RangeThe current price of Avalanche ( CRYPTOCAP:AVAX ) is poised to face resistance as it approaches the $51 to $56 range, which has been a challenging hurdle for the past three weeks. Adding to the concern, a bearish divergence identified on the weekly chart indicates that a correction may be imminent. However, investors looking for long-term gains may find value in the immediate support level between $45 to $50, as it presents an ideal opportunity to accumulate. It is worth noting that a shift in the $39 support floor to a resistance level could invalidate the bullish Analysis. Additionally, the recent slowdown of Bitcoin and associated sell signals may further impact CRYPTOCAP:AVAX 's short-term price. CRYPTOCAP:AVAX has recently exhibited a significant increase, surpassing the psychological threshold of $40 in late December. However, the price rebalanced in the range of $22 to $31, thereby leading to an accumulation zone. As a result of this accumulation, the price of CRYPTOCAP:AVAX has surged by 140% in just under two months. In this instance, the Avalanche price has already declined by 19% from the recent local top of $65, and more losses are anticipated. The first accumulation zone, extending from $45 to $50, represents the immediate imbalance, which is roughly 5% to 10% below the current level of $53. If history repeats itself, a dip in this zone may generate enough buying pressure to break through the $51 to $56 resistance zone and test the next significant hurdle at $80. This level represents the midpoint of the previous bearish market for $AVAX.
Long
by DEXWireNews
AVAXUSDT Next Target $100AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy. AVAXUSDT (1D Chart) Technical analysis AVAXUSDT (1D Chart) Currently trading at $61 Buy level: Above $58 Stop loss: Below $47 TP1: $70 TP2: $80 TP3: $90 TP4: $100 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Cryptolean Avalanche AVAX Update Avalanche is facing the resistance from $60. A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 . A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support. Intraday Chart Unable to sustain the price action above $59.40, the AVAXUSDT 4-Hour chart is having a bearish intraday pullback. A bearish dip to below $54.30 or, even better, to $47.63-$49.61 and a bullish rejection of one of these levels could offer a long trade towards $59 and higher. A bullish move from its current price location and a break-out of $59.40 resistance will push #Avalanche to the next target of $63.89-$66. Support once read! Thank you.
by Trade-Lean