AVAXUSDT broke through its resistance and is now aiming for $100. Traders are excited about the surge and expect it to keep going up. With this momentum, AVAXUSDT could soon hit its target, making a big move.Despite AVAXUSDT’s upward push towards $100, it’s essential to maintain a stop loss strategy.
AVAXUSDT (1D Chart) Technical analysis
AVAXUSDT (1D Chart)...
The cryptocurrency market is abuzz with excitement as Avalanche ( CRYPTOCAP:AVAX ) experiences a remarkable surge of nearly 12%. This surge coincides with a strategic announcement from Binance, the leading crypto exchange, signaling a significant shift in market dynamics.
Binance's Endorsement Fuels Momentum:
The surge in CRYPTOCAP:AVAX price underscores the...
AVAX following sol has very strong momentum but is a bit behind in momentum. I redrew a full Fibonacci on the monthly and Avax approaches the golden momentum fib sooner than much of the market. My short-term price target has been smashed. I still await a correction and am very exposed to the market regardless of direction. I have stables ready to deploy if we get...
Long term we are bullish for avax, we do expect higher prices of minimum $60.
Having said that, this can happen in a number of ways, and we have a plan for all of them.
We currently own avax after buying at $16 and again at $23 after the breakout we collected some profits at $40 and the rest we are keeping for the next tp at $60 and lastly $100.
For now avax is...
💎 Paradisers, pay attention as #AVAXUSDT showcases a noteworthy pattern, enhancing the likelihood of a bullish reversal from its support zone.
💎 Recently, #Avanlanchi faced a rejection at a strong supply level, and now, it's breaking lower, continuing a lower low trajectory. Despite current sell-side sentiments, an interesting development is observed where the...
Avalanche is facing the resistance from $60.
A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 .
A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support.
Intraday Chart
Unable to sustain the price action above...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT
AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the...
Avalanche can continue its growth based on Fibonacci, you may see some successive fluctuations in it. But the goals for Bahman are higher than the previous ceiling.
Analyzing the chart, it becomes obvious that the price is trading within the global resistance zone spanning from 44 to 56.
Given this context, it is wise to look for attractive short-term setups, as they are quite reasonable at this stage.
The initial target could be to remove liquidity behind the wick (x) at 27.24, and further targets could be to fill the...
Hello traders, I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share...
LONG #AVAXUSDT from $57.3 stop loss $54.3
15m TF. The instrument is currently in the growth leaders, the upward movement structure continues, after the night spill, the price was perfectly bought off, high buyer activity appeared again + trading volumes increased noticeably locally, the price tightened under the formed cascade of highs, which retains liquidity,...
