A trading idea for the crypto space, to buy AVAXUSDT between $44 and $47, stop loss as a move under $43, with a target of $68.
If buying at current levels you are risking $4 to make potentially $21 so not a bad risk/reward on the trade. March the 5th highs at 44.36 were respected and held on the 5th of April, so i don't really want to see price below there, but i...
It's an interesting situation. We have context for both selling and buying.
On the daily timeframe, there's a sideways movement (upper boundary - 49.96). The price has now returned to it, but the daily candle has not yet closed. If the daily candle closes inside the sideways movement, then we can look for sales, and the bearish vector 5-6 with a target at 32.3...
On the daily timeframe, we see a sideways movement with the upper boundary at 49.96. The price has been above the upper boundary for the last 20 days, but yesterday it returned to it and stopped at the 50% level of the last buyer's impulse on the weekly timeframe. This is clearly visible on the hourly timeframe:
At the top, a seller's zone has formed with the...
Disclaimer: This is not financial advice. Most traders lose money. Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high-risk tolerance and the financial ability to sustain losses.
AAVE / Weekly
- It's a weekly candle chart
- IF we close above $113 this week, a rebound is very probable
- There is the recent resistance line of $150, but high probability that we smash it through and go at least to $240
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Avax increased by 9.47% from weekly imbalance level. We are in the discount level and it is better to accumulate from these levels. Price can give a retest now and continue to fill imbalances above.
If we pass the Weekly open level then we can target higher prices. PWO and MO is at the same level which makes it strong resistance level.
The price of AVAX is $20.7 today with a 24hour trading volume of 400 million dollars and its 95% up since last month
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat ethereum as the most popular blockchain for smart contracts. It aims to...
AVAX has successfully formed a 'W' pattern accompanied with a bullish engulfing on the ATL(All Time Low) level,so we are expecting a bull run📈 in the coming months,AVAX to the moon🚀🚀🚀.
I believe the technical analysis and patterns illustrated on the chart are clear to the trained eye. this is not a signal nor anything like that. I just wanted to share my insight here and I would appreciate any opinion from you folks. Thank You :)
This analysis examines the Avalanche (AVAX) price chart, specifically focusing on a technical pattern that suggests a possible bullish breakout.
Wyckoff Accumulation Schematic:
The chart appears to be exhibiting a Wyckoff accumulation schematic. This theory, developed by legendary trader Richard Wyckoff, suggests a price pattern that can precede a significant...
2 more days to go before we pop imho
reclaim 7 ema and then previous range low to flip range high and initiate fomo
assuming dominance must be topping out and dixie ready to get knocked back down
afk most of the times with some low leverage trades
2 weeks of fast n furious incoming
invalidation beloow vwap or looser yet 200 ema
rsi crossing yellow band...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Imagine peering into a TradingView chart and spotting a Livermore accumulation cylinder, standing tall and proud amidst the sea of price action. It's like stumbling upon a hidden treasure chest in the vast ocean of market data.
And nestled within this cylinder, you notice the graceful formation of an Elliott Wave leading diagonal, tracing its elegant path across...
