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 has been forming a harmonic pattern, and currently retracing a major Fibonacci level.
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.
was 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
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 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.
Trading 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...
Given line is major resistance which needs to be crossed, looking at the pattern it has already touched lets see if closes above
Ava has broken a downtrend channel and has changed its trend. $34 is my first target. Would add more quantity if it sustains above 200 ma.
Trading suggestion: . There is a possibility of temporary retracement to the suggested support line (24.80). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AVAXUSDT 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (36.60). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AVAXUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....