AVAXUSDT has recently breached a critical support level following the formation of a head and shoulders pattern. This development indicates a significant potential downward movement to finalize the structural breakout. Anticipating a retracement towards the trend line identified on the daily timeframe is our outlook.
My MACD-VWAP indicator signaling potential downside for AVAX to $35 in the coming weeks. My next buy the dip zones are 35 dollars and if we break that with volume, the next downside target is 28 dollars. While in the long run I'm bullish on AVAX, in the near term we may pull back to 28-35 zone that is health for continuation of the longer term bullish structure....
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BINANCE:AVAXUSDT currently in consolidation phase, few candles show some bullish character and we expect a nice clean move from this area. Though, if price decides to remain bearish then it can fall further down where there is imbalance which price will likely to fill before it touches the 55.00 region. What do you think about this pair, do you think it will...
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Trade setup : Following a bullish break above $35 key level, price has reached our target of $50 resistance. However, price got very overbought (RSI ~ 82) and we’re seeing some profit taking. Now we wait for the right entry area (support). How far could it pull back? The nearest horizontal support is $35 and the nearest Fibonacci Retracement levels (possible...
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Bullish Pennant Breakout Has Confirmed In 1D Timeframe Running In 80% Profit So Far And Still Lon Way To GO
Descending Channel Has Confirmed Breakout In 3D Timeframe Running In +150% Profit So Far And Still Moving Towards The Target
Bitcoin will enter liquidity zone, signals potential downturn in market sentiment after that. be safe with trade.
Welcome to my TradingView profile! In this article, we will embark on a journey together to explore the intriguing prospects of AVAXUSDT, guided by the fundamental principles of market structure and Fibonacci retracement. I invite you to join me in analyzing one of the most traded currency pairs. Our primary instruments will be market structure, the...
Trade setup : Following a bullish break above $35 key level, price has reached our target of $50 resistance. However, price got very overbought (RSI ~ 82) and we’re seeing some profit taking. Now we wait for the right entry area (support). How far could it pull back? The nearest horizontal support is $35 and the nearest Fibonacci Retracement levels (possible...
Breaking Out The Wedge In WEEKLY Timeframe Running In 585% Profit So Far
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