AVAX Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 36.51. Remember stop loss is your friend. Everything is on the chart.
Entry 36.51
S.L 35.49
T.P 1 37.85
T.P 2 39.48
Keeping this one short as always. Liking the market structure here on LTF. Think we should see a push coming days/next week into 50$. Once we see a breakout above this trendline the double-bottom pattern should be in play.
Stay safe!
In March I predicted a fall for all crypto coins (of course this also applied to AVAX coin) in April and maybe even May and I am successful. And today it is likely that all this will continue in May.
Avax gives a hint about all cryptocurrencies, what might happen to them soon.
PS Avax is more than a coin.
I could be wrong, MoralDisciple
Hi Traders, after much consolidation with market Avax just break the trend line and it's ready to FLY. Meanwhile the trigger is strong candle breakout to close above 36 and enjoy the ride.
This is just for educational purpose, not a financial advice. Have great day
Avalanche had broken the 100EMA with a nice and steady upward movement here, which is now approaching the 200EMA threshold zone.
We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones.
If we see a nice rejection here, we will see further downward movement!
Swallow Team
#AVAXUSDT
UPDATE
Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about AVAXUSDT
AVAX is making falling wedge in 12h time frame
In the case of upside breakout . we can see gain here upto 70%+profit so far 🚀
BINANCE:AVAXUSDT made a rejection at the resistance zone and bounced off. The bulls did not have enough strength to form a new, strong bullish move. Price action broke through the key level at 35.00. I think it might form a second impulse leg downside by breaking the channel border and retesting the lower support level. On the daily timeframe, we have bearish...
The information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and advice givers. It should not be interpreted as a recommendation to buy or sell any investment instrument or a promise of return. These views may not be suitable for your...
#AVAXUSDT
UPDATE
Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze AVAXUSDT today.
AVAX is making Descending Triangle ha Already Break out in 12H time frame .
Retesting is in process✍
Expecting 50%+ profit🚀
The end time of wave D is May 15. According to the structure, we expect to experience at least 68% and maximum 90% growth in the form of wave E. The end time of this upward movement is July 1.
📊Analysis by AhmadArz:
🔍Entry: 38.86
🛑Stop Loss: 42.68
🎯Take Profit: 36 -32.91 -30.35
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