AVAXUSD Channel Up $28 pull-back or break-out to $47??Avalanche (AVAXUSD) has been trading within a 3-month Channel Up and last Friday hit its top (Higher Highs trend-line).
It is no surprise that the price got rejected and turned sideways there as it also completed a +75% rise from the last Higher Low, which is exactly what the previous Bullish Leg d
Avalanche sale!With how strong the Avax/btc ratio is, we look at this sell off in avalanche as a great buy the dip opportunity. If this level holds at the 0.5% fib level, Avalanche has a high probability target of $37. If you entered with $100,000 at the 0.5% fib level, you have a chance to make $25,000.
AVAX Weekly Resistance Ahead📊 CRYPTO:AVAXUSD has been climbing steadily off the April low, but it's now approaching a critical resistance zone: the 2024 downtrend channel between $40–$44. This area has historically capped rallies and could trigger a strong reaction.
This is a decision zone: momentum vs. structure.
#Ellio
Quick idea for the altseasonBreaking through a clear resistance level presents an excellent trading opportunity, especially when we’re potentially on the verge of altcoin season.
Buying the AVAX breakout offers a risk-to-reward ratio with downside risk below 10% and potential upside returns approaching 40% if the chart patter
Avalanche with a close above the double bottom necklineNot sure whether it will validate the breakout here or go back below the neckline, but that was a very convincing bullish candle close above the neckline on the previous daily candle so it should give it some reasonable probability. *not financial advice*
$AVAXUSD: Price Memory🏛️ Research Notes
Financial markets as complex adaptive systems that spontaneously organize themselves into critical, chaotic, or ordered states.
In this idea I'd like to focus on price memory - concept that the market's current and future price movements are influenced by its own history, ra
AVAX/USD – Momentum Cooling Below Resistance🔴 SHORT below $27.20 – target $25.80
Avalanche trades at $26.78, under resistance at $27.10–27.20. SMA200 is lower at $25.81. Support lies at $25.80. RSI easing at 55, showing fading strength after breakout. Risk of retrace toward SMA200.
📖 Keywords: #AVAXUSD #Avalanche #CryptoReversal #BearishSet
AVAX/USD – Momentum Push, Nearing Overbought🟢 LONG above $25.80 – target $26.40
Avalanche trades at $26.09, holding gains above SMA200 ($25.05). Resistance: $26.40, support: $25.00. RSI strong at 67, near overbought but momentum intact. Bulls in control as long as $25.80 holds.
📖 Keywords: #AVAXUSD #Avalanche #CryptoBreakout #MomentumTrade
Avalanche (AVAX) is currently testing critical support at the $1Avalanche (AVAX) is currently testing critical support at the $15.50 level, which has held as a psychological and technical barrier since May 2023. The price has been trading below both the 50-day ($27.80) and 200-day ($29.20) moving averages, indicating sustained bearish pressure. Volume profile sh
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Neutral
SellBuy
Strong sellStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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