AVAX SHORT!Entry,SL,TP mentioned in chart.
Huge drop off, entry at possible retracement. Considering the bear market, I’ll let 40% run down if I get an entry
AVAXUSDT
Market Exit- Short termTotal 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect $BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)
#cryptocurrency
CRYPTOCAP:TOTAL2
BINANCE:BTCUSDT BINANCE:ETHUSDT
#avax analysis in 4 hr TF with sup. & resis#AVAX broke out the major resistance zone and retested it successfully ✅. Now, hourly TF looks good as of entry and current price too. Use proper risk management here to enter with proper stoploss at 4H major low. Around, $110 is the resistance zone and target for it.
AVAXavax on daily chart forming a descending triangle (purple line) forming lower highs
but after crash price bounced back from major support area
23 JAN onwards the price created chart pattern of rising wedge
might breakdown again??
if yes the price might retest the support area again and then after might form a double bottom for bullish indication is so...
2nd scenario would be just going forward and taking resistance at purple line as of big pattern of triangle
Trading Signal For AvalancheTrading Signal:
There is a Trading Signal to Buy in AVAXUSDT Avalanche
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 56.0
⭕️SL : Close below 52.50
🔵TP1 @ 65.30
🔵TP2 @ 74.70
🔵TP3 @ 86.30
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avax trading setup and planavax has created nice distribution and accumulation zone
and the price has breakout from recent consolidation
wait for the price retest 92.30 lvl to enter the trade
first target will be 103
second target will be 120
with the sl of 88
happy trading ....
AVAX near to break out if candle closed around 120.54 straight ?I think this is quite possible due to btc is bulish AVAX is outperforming in bear market too lets see how it goes.
AVAX UpdateBitcoin is 8% down today, taking down all altcoins with it. Reason? The Covid pandemic, ofcourse. The Stock markets are down, affecting other markets too.
About AVAX, we missed the target of 160 in the previous analysis, but it did go around 146. It is near the golden level of Fibonacci on the daily timeframe, might retrace from the golden level which is between 90 to 100 USDT. There are 2 major demand zone too, below the golden zone. Can't say when to buy, but I will buy between 90 to 100 only.
AVAX short term analysisHey everyone!
Our previous target for AVAX to 100 has been hit successfully, now what's the plan for short term now?
AVAX might take a dip again if Bitcoin falls further. It might take support near $92 to $100.
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (79.74).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 85.57
TP2= @ 90.00
TP3= @ 95.00
TP4= @ 100.00
TP5= @ 105.00
SL= Break below S2
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AVAX idea updateIf the price breaks out of this parallel channel, it might pump upto 30%! This coin has a lot of potential!
AVAX to 100 USDT!Everyone talks about AVAX, so here i posted my long-term analysis on AVAX.
It is going for a new higher high at 100, after getting perfectly retraced from the golden level of the Fibonacci.
AVAX pump upcoming?AVAX has been forming a harmonic pattern, and currently retracing a major Fibonacci level.
Fib of AVAX I have drawn Fib of Avax , this would be the short term target and I guess we have bottomed for AVAX now it will go up until and unless if follows the trend line.
avax update 2was expecting as per analysis to price go sideways but it broke the trend line and drop down to 65
we still hanging on to trade with 60 tsl
major cryptos correcting reflecting their peer coins too
58-60 can be next support
AVAX got potential After recent attack on avax coin the price broke down the trendline and consolidated came back to the price of reversal, but showing good buying happening again. with the help of fib extensions and pitchfork i've drawn some conclusion from recent high and lows price can go up to 70-75+ levels
comment your fav coin and lets discuss about it on the charts
happy trading
Avax is looking good on daily chartsAvax is moving in a bullish flag and a breakout seems plausible with today's close with decent volumes, this breakout could lead to another leg up and might take it towards 80+ level. Fingers closed as of now let's see how this pans out.
💡Don't miss the great buy opportunity in AVAXUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 46.68
TP2= @ 52.28
TP3= @ 58.97
TP4= @ 68.43
TP5= @ 80.00
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn!
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Trade well, ❤️
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AVAX Looks good now If line is closed above target can be seen Given line is major resistance which needs to be crossed, looking at the pattern it has already touched lets see if closes above
