the price comedown up to 30.43 buy there and after that fly to 43.35
AVAXUSDT in down trend after making Bearish Flag and not making any divergence
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AVAX price hovered around the narrow range between $32- $35 and faced 200 day EMA resistance.
📊Analysis by AhmadArz: 🔍Entry: 38.86 🛑Stop Loss: 42.68 🎯Take Profit: 36 -32.91 -30.35 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hey all! I think this will be a double bottom to recover the tendency again. This can be a bullish scenario, let's see!
#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 🚀
AVAX looks good for a scalp long, this is the same set-up as the before mentioned ATOM long. RSI has a bullish divergence and it broke out of the downtrend and succesfully retested. TP1 36.8 TP2 40 SL 4H close under 33.5 R:R 7
📉 BINANCE:AVAXUSDT faced rejection at $39.92 and is now consolidating towards crucial support at $27.24. 🔄 Keep a keen eye during this consolidation phase. 📈 Anticipate potential bounce or breakthrough at the $27.24 level. Stay sharp! #AVAX #CryptoAnalysis 🚀
The project is very strong and technically it is ready to move. I have two scenarios in mind for it. I think scenario 2 is more likely to happen. However, we are preparing for both scenarios and are preparing to move.
- More downside before upside. - Sweep the low and dip into the fvg, should trigger a nice long setup.
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Stop loss 10%. It is important to use stops loss, then you can get it from the lower prices and bigger quantity. Price tapped our support level at 29.33. It worked very well and filled the imbalances as well.
Avax looking good! Break of daily trend and a retest of the break could be a nice entry. We also have support (and could see bounce) from 20 and 200 Moving average. Avax is in a good position to starting a new wave. With some help from BTC, this could be a killer entry. Non financial advice - but for me, DCA or trade are both good options.
The cryptocurrency space is a whirlwind of predictions, with influencers and analysts vying for attention with bold claims about the future of various digital assets. One such case is Crypto Archie, a popular Twitter personality who recently made a bullish prediction for Avalanche (AVAX), a gaming-centric cryptocurrency. With AVAX experiencing a significant rise...
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...
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