AVAX TO $50 ANY DAY NOW!Avax has formed a cup and handle and it looks like it has already broken out and trying to establish a strong support before making a +20% move.
Target $52
AVAXUSD.PM trade ideas
Avalanche: Gained Momentum 🔥AVAX continued to decline until last Friday. Then, however, there was a change of direction and the price shot up by more than 12%. This development strengthens our assumption that the downward swing was merely part of the substructure of the current (corrective) upward movement. We now primarily expect the magenta wave (b) to bring further significant increases. It should only end below the resistance at $56.43, where a fresh sell-off should replace it. The price should then fall back significantly to complete turquoise wave 2. However, our alternative scenario (48% probable) should be considered, which calls for sustainable rather than corrective gains. It comes into effect on a break of the $56.43 mark and already sees the coin in the turquoise-colored wave alt.3.
AVAX Bull SignThe Avalanche token AVAX was created about September 2020, and began trading on exchanges about a year later, after an investment of 230 million USD by an investor group.
The all-time high of the token is US$ 147.50, achieved shortly after its listing. Since then it has been trading downward alongside the general crypto winter of 2022 to a low of $8.62 (Coinbase) on September 25, 2023.
Since the TL has been broken, Im going to BUY this token for a scalp
AVAX-USD / 15M / TECHNICAL ANALYSIS BINANCE:AVAXUSD Hello traders, I have determined the target of the harmonic pattern on the chart.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
nice entry longnice entry long for some of the following momentum can increase from here if buyers were to step into this price level
If you missed SOLANA dont miss this one !Hi guys
Cryptoanteger here !
About me
I hate social media and a deeply introverted guy with interest in numbers , astrology , mystical sciences, numerology etc.
I come rarely out of my shell and the purpose of this TA is to help you make money .
I bought SOL at 20 $ and have been riding it till recently .
SOL is good hold and will make you money but AVAX will make you more money as it hasnt travelled its 3rd wave the longest wave in Elliot wave theory .
I analyse both TIME and PRICE - so my TA is different from the rest of the crowd .
Prediction :
DATE : 15th March
PRICE : 30$ for AVAX
Allow 10 % tolerance on both time and price
Thanks
CryptoAnteger
AVAX 2 Hour ZoomI suspect a pullback to the 36$ to $31 range. There I will place my longs.
Using the Order block finder indicator I can see a range of shorts and longs. Gann fans help visualize where the price may go.
This chart is a follow up to the weekly Avax chart here
V-V-V-V-V
Avalanche: In the Mood for More!February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until the low of the turquoise wave 2 is settled. However, there is a fairly high 40% chance for a clear breakout above the mentioned resistance. In this case, the turquoise wave alt.2 would have already been finished.
AVAX Short Scalpingto prepare for final bullish run, AVAX needs to correct itself. Time to short for a few pips
Ascending Triangle on Avalance: Bull or Bear?There is a formation of a bullish pattern on BINANCE:AVAXUSDT , and it looks so pretty enough for the bulls.
However, there will be an unlock event on the 21st of February, this may present an opportunity to buy Avax before it leaves the train station.
I am going to make a purchase here, then I will DCA when I see it at a cheaper price.
May the bulls be with you.
This is my analysis, if you have a contrary idea, feel free to share it with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
AVAX Serious Bullish DivergenceA lot of charts are starting to show some bullish signs and AVAX appears to be one of them.
This is a daily chart and money flow is DEEP in the red with seriously heavy divergence forming on the wave trend oscillator.
Current trading plan is a long entry with a 1-4% stop loss area. First target is the immediate local unbroken high at 9.60 approximately 10% higher than the current price.
Second target will be a 50% retrace from swing high to swing low into a previous fair value gap at 11.75 for a 33% gain.
Trade Well.......
AVAX Short ScalpSame move as ADA token, im going to short this pair for a few pips. This move should not drag AVAX too deep.
Long AvaxIm Long avax breakout of LTF range as well as HTF diagonal just crossed a horizontal key level andBTC looks good so im punting.
AVAX long idea @ 32.66AVAX three waves back into the 50% retracement.
The idea is that wave 2 in yellow is already in place.
Long @ 32.66
SL @ 27.16
TP1 @ 37.80
TP2 @ 68.00
Risk 1 %
Long AVAX to $46+I suspect AVAX will form a double-top before more pullback. Cup and handle pattern is now in play and takes us just shy of our $48 price. I plan to some (maybe half) of around 42. I will then move my SL to break even and let the rest ride, trailing stops as we go.
Long Avax After touching 0.5-0.6 FibAVAX/USD has started its 5th weeksly wave and now nearly completed its 1st 4H/1H wave. After the correction (2nd 1H/4H wave) there will be another 35% up-trend after which general correction (Weekly TimeFrame) will lead to massive price reduction.
AVAXUSDThis Month FORECAST
Opportunity for AVAXUSD. This setup trading idea is for SWING. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
$AVAXUSD looking good resting on 50After a surge, CRYPTOCAP:AVAX is finding equilibrium on 50 EMA. Forming a base, another Crypto I am interested. Not financial advice.
Avax breakout Avax broke out of descending the wedge. The volume increased on the breakout. Finding resistance at the 36 mark.
AVAX - correction may have endedAVAX correction may have ended on January 24th. The three legs down bounced from both the 50%-61.8% retracement of the move from the lows and into the 61.8-78.6% Fibonacci extension related to the XWY correction. These conditions suggest that wave 2 in yellow may have already completed. A possible trade would be to buy a pullback intoto the 50/60% retracement against the 27.15 lows. However, a double correction into the 20s area is still a possibility.
AVAXUSD (1H) - Bullish breakoutHi Traders
AVAXUSD (1H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 36.72 resistance level. Only the downward break of 34.37 would cancel the bullish scenario.
Trade details
Entry: 36.72
Stop loss: 34.37
Take profit 1: 38.17
Take profit 2: 40.51
Score: 7
Strategy: Bullish breakout
Avalanche is a good long term investmentAvalanche looks to be in a downtrend, but in this trend it still has a target to go up to the 45usd region, which is 30% up from today. From there, a break-out can be virtually limitless. Under perfect market circumstances, like in a bullrun which many analists will take place later this year, I won't be too surprised when it reaches above 500 or even 1000. Though, it can also take 5 years to break through the magical 1000 border, say in the next bull-run in 5 years.
Avalanche has 2 main advances over other crypto projects. The fundamentals are amazing, for instance it is a very flexible, fast network, and still more safe then BTC or ETH blockchains. It is compatible with the EVM so companies that use the Ethereum blockchain can move easily to Avalanche. Furthermore, the maximum supply cap of 720 million is relatively low, so there will a certain scarcity for this coin, which tends to drive the price up. Low maximum supply cap is the best tool against minimal deflation, which makes the coin a good option for investors in the long term.
