avax scalopp pattern w me finding scallop pattern I just wanted to show scenario how its could be applied to avax scenario, think is very safe long to ath with this cursed and cucked shitscoins plz longz it with me I hate this coin TVL injection and l1 rotation are the funademntal factors for FAnerds cheerios
AVAXUSD
A Case for Avalanche RushIdea pretty simple. I personally entered at the bullish T-K cross at about 33k sats. Held my position so far since fundamentals on this project are strong. Looking for trend continuation as projects on avalanche rush get launched over this month. Their roadmap says they are also working on some exchange listings that will provide the extra volume needed to reach the target. Target obtained through a fractal analysis. Coincidentally its at the 2.618 fib level. I will be cautious at the 1.618 level though. Price discovery can be tricky.
🧧AVALANCHE- This One Has Just Started 🍎 AVALANCHE has been growing nicely.
Solid Tech, robust tokenomics and a visionary founder. it can easily overtake some of the Tokens/coins that have stopped growing, like Polkadot, XP and DOGE.
Price could even triple from here.
Price over major resistance and despite the rapid rise it looks ready for another rise.
Not as fast as Solana, not as decentralized as Cardano, not as profitable as Ethereum but the parabolic growth should grow.
The AVALANCH community is fanatic with AVAX and the growth seems more organic and healthy than the competition.
One Love,
the FXPROFESSOR
AVAX held above Support Zone! Could be a good buy atm!Here's a quick look at AVAX 6 hr chart. As we can see, the price has printed a bigger falling wedge and is currently at a strong support Zone. This could be a good buy area, but we should be very careful of what BTC does next.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 51.5$
2. 59$
3. 65$
4. 71$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
A possible Reverse Head and ShouldersHi traders,
As you can see from the chart, the price may form a reverse head and shoulders. In that case, I specified the places where I take a position. My stop level is around 2.57%. This may change depending on your risk level.
I am bullish for AVAX. It is because the volume has been increasing lately where you can observe in daily frame.
Even though it does not form a reverse head and shoulders, I strongly believe that it will go up dramatically because of the NFT hype.
Stay safe.
AVAX Could break to the upside soon!Here's a quick look at AVAX 4 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a bigger break to the upside soon! Keep an eye on this!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 59$
2. 65$
3. 71$
-------------------------------------------
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOUBLE TOP AVAX, Potential downside.$AVAX Showed a great rally towards previous highs, mainly because of the performance of $SOL.
This top is getting defended buy strong sellers. so for now we might see a short lived re-accumulation period. For believers in the project is this a good thing so you could buy lower and have more coins/tokens.
Goodluck.
BREAKOUT confirmed and successful retest of Major Support!This means MOOOOOOOOOOOOOOOOOOOOOOOOOOOON
If you look at the 1h chart, we can identify a breakout out of Bullflag. With a bullish Bitcoin market (and Solana showing us the direction for blue chips) i see AVAX very bullish for this month. Dont forget that we still have upcoming Updates and Upgrades like USDT & USDC integration, Governance, Subnets... It can only go to moon my friends !
See ya at Moon !
Your Dr. AVAX
AVAXUSDT look bullish!
AVAXUSDT (4h CHART) Technical Analysis update
AVAX/USDT Currently trading at $44.73
Buy-level: Above $45
Stop loss: Below $39.90
Target 1: $51
Target 2: $56
Target 3: $62
Target 4: $68
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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AVAX'S RALLY IS NOWHERE NEAR THE FINISH LINEMACD is about to exhibit a bullish cross to catapult the price above the trend line. EMA50 might prove to be a strong support to hold the price in the event of a retest. The volume is significant. The descending triangle is USUALLY a bearish formation; however, it is a continuation pattern as well. Considering the bullish nature of AVAX at the moment. I am on the continuation side of the fence. AVAX has the punch to pull it off.
💡Don't miss the great buy opportunity in AVAXUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42.55).
. 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 61.
Take Profits:
TP1= @ 46.68
TP2= @ 52.28
TP3= @ 58.97
TP4= @ 68.43
TP5= @ 80.00
SL= Break below S2
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