Hello friends . please open sell position entry : now sl :37.27 tp : 36.20
AVAXUSDT Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chart
AVAX was trading in descending parallel channel. The price was reacting well the support and resistance of channel. Currently the price has given the breakout and seems like the price may go for another leg higher. NFA DYOR
Long opportunity here on AVAX . Falling wedge which is a bullish pattern. Price has reclaimed the .786 & POC. Target is 14% away. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts...
Many cryptos breaking out of short term downtrends. Keep your trades simple. Look for Avax to break the downtrend, wait for the retest to confirm. Take profit at; 38.1878 40.745 42.971 Caution, if BTC has a small pull back look for atls to have a big move down invalidating the trend breakout.
I dont think I get a cleaner setup than this with the tightest stop ever. At the bottom of E here.
Bullish Bat Harmonic Pattern in 1D Timeframe. Looking at 17 as 1.618 of cd led for potential entry and 14 which is the 0.886 xa leg. Reaching 14 is the best entry as it gives mush better risk reward ratio. TYOR, DYOR!
HTF tapped into imbalance. Reversal -> Looking to push to those EQH
As we see, Avax passed through Elliott waves, 4 waves were completed, and the remainder of the fifth wave, and I think we will fall below $35.
Personal opinion: the price of Avax currency has reached the demand range of 35.20, the first possibility, if confirmed, is the resumption of the upward trend towards the resistance of 43.57 and 50.06.
30-min chart, AVAX should test the resistance line (30-min R. line R30) at 38.5 - with some resistance at 38 Crossing R30 will push the price to 41.6 Near stop loss below 36.9
➖ This is a regular ABC correction: The top of wave b is lower than the start of wave a. ➖ In the irregular ABC correction, the top of wave b is higher than the start of wave a. On the 15th of February, Avalanche (AVAXUSDT) produced a lower high compared to 24-December 2023. This is true for many, many Altcoins. Some Altcoins though such as Binance Coin did...
AVAX entered a good accumulation zone that i was observing for a while. I am buying and accumulating in this range waiting for a decent pump in the next weeks. This is an important support zone and invalidation will be a clean break below 33.0
BINANCE:AVAXUSDT might retreat with the broken head and shoulders. 36.75 is the final support that might change the outcome. With a possible break, 32-33 is my target.
Analysis: RSI Bullish Divergence (Yellow): The Relative Strength Index (RSI) is showing a bullish divergence, indicating potential upward momentum. MACD Bullish Divergence (Light Blue): The Moving Average Convergence Divergence (MACD) is also displaying a bullish divergence, supporting the bullish bias. Price Approaching Point of Control (POC): The price is...
This is a follow up to my post linked below. AVAX broke out of range and ran to major resistance. At a Genesis (from birth) Golden fib plus local Golden. This could end this particular wave, or break and run. Drag the PRICE scale DOWN to see other zones above. $ 43 is the immediate resistance then $49 per last high. $ 69 above is the next Golden fib (sister of...
Certainly! Here's the analysis translated into English: It seems that you have made a decision based on a technical analysis of the AVAX/USDT chart. You mentioned that the price has broken an important zone and is currently testing the zone between 38.9 and 39.6. In this scenario, you have decided to take a selling position, with a profit target set at...
Heres my thoughts AVAX is currently sitting at strong resistance. Looking to break out and reclaim the POC Daily close needs to be above 39.95 for more upside. Lets she how she goes. I am learning the ropes so don't follow I'm normally wrong !