Trade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $30 near-term. However, price is now very overbought (RSI ~ 75) just as it reached that $35 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Previously, price broke above 200-day moving average, which confirmed a...
Hey Crypto Warriors! 👋 The FXProfessor here, exploring the exhilarating peaks of AVAX Avalanche. Let's dissect its current momentum and plot our course through this dynamic crypto landscape!
AVAX Avalanche's Market Dynamics:
📈 Experiencing Robust Growth: AVAX is not just climbing – it's soaring.
🎯 On the Radar: Aiming for pivotal targets as AVAX continues its...
Before this, we thought that we were inside a diametric because all the rules for a diametric structure were followed. But the financial market is not always a single scenario
With recent pumps our next scenario is a triangle. The range of flip and ob is the right place to buy avax to the higher targets of Makki
We specified the first TP. When the first TP is...
💎 AVAX has undeniably captured significant attention in the market. Currently positioned in a crucial area, it is encountering a robust supply zone. Today's closing candle, characterized by a strong green bullish engulfing pattern and a flawless bounce from the support area, hints at the possibility of an AVAX breakout in this region. Such a breakout would signal...
Thank you for reading this update.
Depending on our study we see that AVAX has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
AVAX is known as building coins and it can show in the coming time frames a break.
We looking to the $13-14 level where the break can start.
$17 is...
when the biggest player in the world decides to go with AVAX
it only means one thing
the market has decided
we await Berkshire Apple Tesla Facebook to pick their respected pets as well
size your positions and find a good entry at pullbacks
looking at 15,00 to 12.65 as allocation for big funds to come in
careful in the futures market as handler knows how...
Hi to all TV people, this is a quick chart idea. By looking it looks bullish.
I would trade only after a retest of this possible breakout. First need to break through resistance.
Upside target could fail only on a breakout on downside of this triangle.
Trade is a matter of probability, but it's safer to trade reacting on a price action not trying to anticipate...
💎 EGLD has undoubtedly captured significant market attention. It executed a flawless breakout from the supply area, marked by substantial volume and a robust green bullish candle. However, encountering a formidable rejection in the resistance area prompted EGLD to initiate a retesting phase at the demand area spanning $38.20 to $36, which previously served as the...
You can see on this log chart that Avax has confirmed a breakout above the yellow channel. On its way to the breakout target it has los broken above an inv h&s neckline. This is a very asymmetrical inverse head and shoulders pattern as we can see the right shoulder is extremely tiny and the head appears to be Siamese. All the same if this inverse head and...
AVAX analysis - Elliott Wave Perspective
After an impulsive uptrend, Avax seems to be losing momentum and consolidating. Now that it has reached its highest points, it may be time for a wave of downward movement.
According to the Elliott Wave perspective, AVAX is currently in the final wave of an impulse wave. This means that we will soon see a correction, but...
Scenario casting #Avalanche versus #Ethereum
as we go forward into 2024
The blast off from the lows has to be respected and is a significant show of strength
and shames other blockchains price performance these past few weeks
I'm looking at you #Algorand & #HBAR
💎 Yello paradisers, spotlight on #AVAXUSDT as it unfolds a compelling narrative in the crypto trading landscape. Nestled within a demand zone and having recently executed a Market Structure Shift (MSS), it is showing strong signs of a potential bullish uptrend.
💎 Delving into #Avalanche's market trajectory reveals a pattern of strategic moves. AVAX has a history...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
WXY posted caught the pivot dece! 🧵
Here is my ideal path for the bulls IF it stays above
25.
Then 30?
