AVAXUSDT.P trade ideas
Short bearish view on AVXUSDT (Aave Token/Tether)A bearish view on AVXUSDT (Aave Token/Tether) suggests that the price of Aave Token is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook:
Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of AVXUSDT. Factors such as market corrections, profit-taking, or a broader downtrend in the market can contribute to bearish sentiment.
Technical Analysis: By analyzing historical price data, patterns, and indicators, technical analysts may identify signals that indicate a potential downtrend. Bearish chart patterns, such as lower highs and lower lows, bearish divergences, or breakdowns of key support levels, could suggest a forthcoming price decline.
Fundamentals: Negative developments in the fundamental aspects of Aave or the broader decentralized finance (DeFi) sector could influence a bearish view. These might include concerns about security vulnerabilities, regulatory uncertainties, or challenges related to the adoption and usage of DeFi platforms.
Competition: Aave faces competition from other DeFi platforms and lending protocols, such as Compound, MakerDAO, or Synthetix. If these platforms gain market share or introduce innovative features that attract users and liquidity away from Aave, it could impact the price negatively.
Regulatory Environment: Regulatory actions or uncertainties surrounding cryptocurrencies and DeFi can significantly impact their prices. If there are restrictive regulations or crackdowns on DeFi platforms or if regulatory bodies express concerns about the sector, it could create a bearish sentiment.
Market Manipulation: Cryptocurrency markets, including DeFi tokens, are susceptible to manipulation due to their relatively low liquidity compared to traditional financial markets. Price manipulation schemes, such as pump-and-dump schemes or coordinated selling, could artificially drive down the price of AVXUSDT.
It's important to note that cryptocurrency markets are highly volatile, and the sentiment can change rapidly. It's crucial to conduct thorough research, monitor market conditions, and consider multiple perspectives before making any investment decisions.
AVAX USDT 4 HR CHART LONG ENTRYReason for entry
1. fib support 0.618 %
2. harmonic pattern
3. 100 ema support comes on 0.618 fib level
Avax longedAvax coming out of resistance zone as alt coins showing strength in the market avax is ready to some good upmove
AVAX Ready to go #Moon after flipping $28, I am all In.If you want to get a more than 2x returns, I would say this would be your perfect setup to go long. We all in, let's go :)
AVAX technical analysisThe price of AVAX rose by almost 81% in January 2023. Daily chart shows upward momentum in the coin but RSI divergence can also be seen indicating some price correction.
Note:
Please DYOR before investing/ trading.
Studies are only for educational purposes only.
I am not responsible for any kinds of your Profits & Losses.
Avax Forming Invert Head & Shoulder Pattern.Avax Forming Head and Shoulder pattern. If Form And Breakout Neck line then you can see moving up to 12.42 level.
Trading Signal For AVAXUSDT AvalancheTrading Setup:
There is a Trading Signal to Buy in AVAXUSDT Avalanche.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 12.05
⭕️SL @ 11.25
🔵TP1 @ 14.15
🔵TP2 @ 15.90
🔵TP3 @ 18.78
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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💡Don't miss the great buy opportunity in AVAXUSD @avalancheavax
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (19.17).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 21.76
TP2= @ 23.65
TP3= @ 26.27
TP4= @ 28.36
TP5= @ 30.35
SL= Break below S2
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#avax trend analysis HII every one this is 1hr time frame chart after break out avax move up due t two reasons
1st after breaking triangle pattern avax is going of testing horizontal support{28.07} now this support works as resistance for avax
2nd there is a digonal support of green trend line forcing avax to go up .
i will update this near in the future ......
i appriciate what is your point of view you can share your idea on comment...
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 25.18
TP2= @ 27.64
TP3= @ 30.26
TP4= @ 33.19
TP5= @ 36.75
SL= Break below S2
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Trade well, ❤️
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AVAXusdt Weekly trend AVAX currently running sideways i mention few point with price rang tags 15 to 20 is current sidw way running support line is 13 once its beakout then target near is 26$ and if its hold then long target again near 40$
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
#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.
#Crypto #Cryptotrade #Cryptosignals #Cryptotrading #AVXUSDAVAXUSD
Script trading in a range,
Buy if breaks upside of trend and sell if break downside of the trend line.
Target marked on the chart, please refer.
For safe play, keep trailing SL.
Note:
Above levels are for education purposes only.
Do your Risk Management and do your own analysis before taking any trade.
AVAXUSDTPerp showing weaknessAVAXUSDTPERP showing signs of breakdown, given that BTC is weak as well this can be utilized to take a good profitable trade.
💡Don't miss the great buy opportunity in AVAXUSD @avalancheavaxTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (79.59).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 83.63
TP2= @ 87.65
TP3= @ 91.64
TP4= @ 95.59
TP5= @ 99.38
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
avax shortshort avax if it reaches to the entry jgyfjhgtrdyjgcjygfvyfytfudyfyuftfyyhguyfytfytygyggyftydgfhjgfhgfghfhfjfhg
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
If you liked our ideas, please support us with your likes 👍 and comments .
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 ....
