first time see this chart :) nice movement have a potential go higher price, but need a bit cool down and move back aging as soon hold $47 support and 0.786 fib ,can continue movement to $60 and higher price
The 4-hour chart indicates that the price has reached the end of the triangle, and if Bitcoin does not have a dump these days, AVAX is ready to be pumped.
Avax cryptocurrency price in bull flag breakout above 12.5$ Avax is very strong project also good liquidity on the project, eyes on breakout of the bull flag Bull flag : Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock...
Avalance performed really nicely in the last two weeks. As long as the first two trend lines hold it will want to go 16.6. If the trend lines would hold I would expect a retracement to 11 and 9.7. To be able to continue to uptrend 9.7 support line is highly critical. I will start to buy back starting from 11.
price breakout the big channel and now trading above Buy : 4.05 - 3.9 ladder buy Stop : 3 Target : 4.5 , 5 , 6 , 7$
AVAXUSDT is printing a descending channel on the 4H timeframe. Price is testing the channel resistance. We could see a breakout above the channel resistance ⬆️ or rejection of the channel resistance ⬇️.
*While Bitcoin hitting $25k ATH again, most of altcoins kept rising against USD too. *But during this time AVAX was falling and retesting the dip and retest was successful *After resting $2.75 ,AVAX is moving up and will start pumping soon when BTC stops Targets are $3.55 , $4.1 and $4.5 for now. Buy zone is below $2.9 Good luck .
precondition: -Pressure level -Key level -Local trend up Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
AVAXUSDT brokedown below the trendline support. Price retested the flip trendline resistance + 0.5 fibonacci retracement level. Price action is printing a descending triangle pattern. Sell entry ⬇️ - breakdown below the descending triangle support. Target 🎯 - Support levels.
AVAXUSDT brokeout above pennant resistance as expected from my previous analysis ✅
AVAXUSDT is consolidating in a pennant chart pattern. Breakout is imminent. Possible price actions indicated.
- Bearish descending triangle = continuation pattern to the downside - The price is below previous trend line, that is bad for bulls - Not looking good to me, you can short this coin on futures market If you want more of these ideas, please hit the like button and follow me, so you don't miss any update! Also, check my signature down below ↓