AVAX/USDT : Take the opportunity to survive or dive below $80 ! BINANCE:AVAXUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
Currently, we have a consolidation that is channeling into support.
Price usually bounces from these levels.
🔴 If this level is lost, it opens up the possibility of retracing back to 85-80.
Otherwise, we should bounce here and break above the green dotted line and breaking the local market's structure of the consolidation.
Strong candle above, re-test the level then target the weekly range high, would be the plan.
I would take the aggressive LONG from the bottom of channel and ride it as I mentioned above; But have to mention the importance of any rejection below this level, Which could lead the pair below our Weekly range !
📚 So you might ask your selves, Why would take the aggressive plan here in the middle of market's craps ? So let's a quick note below 👇🏼
- The pros of taking an aggressive trade : can allow you to position early, less chance of missing entry, etc, but the setup has a lower probability of success
- The pros of taking a conservative trade : higher probability that the trade is successful (more conditions trigger) but can be more difficult to position.
So now you can find-out that I'm eying the possibility of catch the falling knife with a tight stop-loss as a candle close trigger !
So you need to manage your risks directly and I would suggest to point the support loss as a hold confirmation below $98...
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Avaxusdtlong
$AVAX - Buy Now or Maybe 115-117 *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
AVAX has short term break of structure that is bullish where these candles have closed above the previous candles close. We missed the initial great buy, the pullback into the 61.8% level of this chart. However. The current high is a about 1 cent off from another daily high, Creating a false " resistance. I say false because the next time it runs up to that point it will break resistance. It may break it by very little which will cause the liquidity to flood the market (this area of $127.3-$127.4 is where buy stops and sell limits rest) Smart money will punch through that area to flood the market with liquidity chasing the chart down for a short period, and then reverse it back up hitting following stop losses or shortly placed stop losses. Taking the retail traders out. Happens every time. The real question is, where to buy?
There are close equal lows on a 15/5 min time frame that could produce a little bit of liquidity underneath. about where it is now near the 119.5 area. The chart could push below that and spark more liquidity but I have a feeling if it did that it would drop down to the consequential encroachment of $118.226 or fill the fair value gap down to $117.16. The furthest I think it could go down would be $115 where there is a Bullish order block resting. and at that point price would reject it and send flying back up.
Additionally the only indicator I use, The Williams %R, which is more of a volatility indicator, is at the over sold condition. That doesn't guarantee a biuy right away, but we're more likely to see it possibly be more oversold to the areas I suggested and then turnm around.
As I'm typing this, it got under the Bullish breaker creating a bearish breaker. So I'd be betting on $117-$115
Good Luck and Good Trading! :)
COINBASE:AVAXUSD
BINANCE:AVAXUSDT
HUOBI:AVAXUSDT
OKEX:AVAXUSDT
COINEX:AVAXUSDT
FTX:AVAXUSDT
POLONIEX:AVAXUSDT
BITFINEX:AVAXUSD
KRAKEN:AVAXUSD
AVAXUSDT - Broadening wedge PatternAVAXUSDT (4h Chart) Technical analysis
AVAXUSDT (4h Chart) Currently trading at $86.5
Buy level :Above $87.5
Stop loss: Below $78
TP1: $94
TP2: $105
TP3: $116
TP4: $127
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
AVAX/USDT starting to look bullish. Time to long? In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. I want to see more confirmation of this possible trend before making an entry. To enter a trade placing an order a few ticks above the candle high would be sensible. The idea behind this, is that we only want to enter a trade when it has shown a trend continuation.
The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And it's forming its 7th today. It still has over more than 1 day and 7 hours before candle close.
Is AVAX gonna be making a new ATH? I'll be watching AVAX like a hawk.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
AVAX , LET'S GO 🏃🏽♂️ 💥Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 AVAX /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - FIBO
📍 AVAXUSDT is looking bullish and it has managed to recover not only its downfall but also it has managed to hit and break its ATH, unlike many other coins.
✍🏼 From E-wave perspective, I am not really sure if the latest wave is the 5th wave itself (from the first wave) or is it just the 5th wave of the 3rd; both are valid !
✍🏼 It also does not matter that much; for both scenarios we have confirmations of a growth!
✍🏼 From price action point of view, the price has touched and had a pullback to the middle-line of the parallel-channel which can be a bullish sign!
⚠️ However, the price is stuck in a resistance zone, if it manages to break this zone I think that AVAXUSDT ought to see the upper targets.
Thanks for reading this TA
If you enjoyed reading this, I would appreciate it to let me know by clicking the LIKE button 👍🏼
🧐 ASK ME IF YOU GOT ANY PROBLEM AND OR QUESTION ABOUT THE CHART OR MY TA 🧐
⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
AVAX: It's looking bullishAVAX looks like bullish for few days. According to the candlestick pattern (Mr. Fuller's FAKEY), and considering the price's failure to break down 78% retracement, chances of price soaring to first and then second target are high.
I would long In case of breakout of entry point.
🗸🍊 AVALANCHE - Ready to Climb to Top-10 for goodSituation today feels like a funeral in the crypto-space, with so many losses and prices unable to perform an emphatic rebound.
This can start from AVALANCHE.
The fundamentals have been Great and unlike Polkadot, XRP, Doge (these 3 are now on top of AVAX) AVAX still has momentum to rise further.
The correction has happened after we had reached are 2 main targets for 2021 (100 and 117):
REMEMBER:
If you fail to take profits you will keep on failing to buy dips. We did well with AVAX and the budget is there to buy in again.
Time to repeat the same target: 100, 117 and why not, even 150$
One Love,
the FXPROFESSOR
AVAX NEEDS TO HEELHi!,This is my Avax setup for the upcoming week :)
Target 120.38 potential profit 10.83%
Stop loss 102.38 potential loss 5.74%
As you can see we got a Strong support area at around 106.11
If you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
AVAX/USD: New Kid in Town Still Capturing Speculative HeartsAVAX/USD has come off all-time highs achieved only two days ago, but Avalanche has remained rather firm as it flirts with its upper price realm.
AVAX/USD has captured the attention of many cryptocurrency speculators and has established itself as the number ten digital asset via its market capitalization in a short span of time. One of the attractive aspects about AVAX/USD is that while its trading life may be short regarding timeframes, it was established by respected a respected cryptocurrency team, and has the backing of major investment firms. Avalanche is a potential rival to Ethereum.
On the 21st of November, AVAX/USD hit a price of nearly 147.50000000 before suffering a short-term reversal which has seen lows since then of about 126.50000000. However, since moving downwards after establishing the record price, AVAX/USD has actually created an almost tranquil trading range in the past day and the price as of this writing is near the 131.50000000 ratio and looks relatively firm. Short-term support looks to be around the 127.00000000 while resistance targets could be perceived to be around 137.5000000.
Trading conditions within AVAX/USD have been fast the entire month of November. On the 1st of this month, the cryptocurrency was near 65.00000000 USD; yes, that is correct. AVAX/USD has more than doubled its value in about three weeks. Speculators should be impressed by the illustrious gains, but they also need to stay realistic and consider the possibility that they have missed the first couple of rocket rides upwards in AVAX/USD. What can go up can also go down in the cryptocurrency world.
Avalanche coin has created a blockchain which hopes to compete with Ethereum by allowing smart contracts to be traded on its technology in a more secure manner, in addition with the claim that its transactions will be much quicker. After reaching an all-time high only two days ago, intriguingly, AVAX/USD seemed to stumble near what can be considered an inflection point. When the 150.00000000 came into sight it seems as if AVAX/USD began to lose momentum. Can this juncture be surpassed soon?
AVAX/USD has garnered plenty of attention from a broad base of cryptocurrency speculators this month and it may be able to generate even more publicity in the near future. While the broad cryptocurrency market via Avalanche’s competitors have found rather stiff headwinds the past couple of weeks, AVAX/USD has found upwards momentum which may continue to be generated near term. If current support levels are sustained near the 128.00000000 to 126.00000000 marks, traders may be tempted to continue to look for upside traction.
Avalanche Short-Term Outlook
Current Resistance: 137.50000000
Current Support: 127.00000000
High Target: 148.00000000
Low Target: 122.47000000