As we can see avax didn't follow our descending ∆ . So now we have to get profit from our buying zoen (its breakpoint) , Which we can achieve it on buying it at the supports and selling it at resistance. Also keep in mind that if you are in loss of more than 12-15% just look at the RSI if it is in 25-30 or below that don't hesitate to do DCA.
AVAX has been forming a harmonic pattern, and currently retracing a major Fibonacci level.
avax is touching that area soon so place your buy bid for quick profit target is mention in chart place your buy bid at 58$ .
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.
AVAX is consolidating below ATH.. Which is very bullish sign.. Targets based on fib levels.. Fundamentally very strong crypto
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...
Avax good above 37.5 With 1st target of 60$ And 2 nd target of 83$ Symetrical triangle breakout at 37.3$ And weekly breakout confirmation at 40$ it can fly high Breakout happening after consolidation of 4 months
Keep an eye
Given line is major resistance which needs to be crossed, looking at the pattern it has already touched lets see if closes above
There will be a pullback
how far it will go? I don't know. I short nothing.