Avax looking good!
Break of daily trend and a retest of the break could be a nice entry.
We also have support (and could see bounce) from 20 and 200 Moving average.
Avax is in a good position to starting a new wave.
With some help from BTC, this could be a killer entry.
Non financial advice - but for me, DCA or trade are both good options.
📊Analysis by AhmadArz:
🔍Entry: 38.86
🛑Stop Loss: 42.68
🎯Take Profit: 36 -32.91 -30.35
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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The cryptocurrency space is a whirlwind of predictions, with influencers and analysts vying for attention with bold claims about the future of various digital assets. One such case is Crypto Archie, a popular Twitter personality who recently made a bullish prediction for Avalanche (AVAX), a gaming-centric cryptocurrency. With AVAX experiencing a significant rise...
📈 Comprehensive Analysis of AVAX: Daily Market Insights 📈
☀️In today's analysis, we embark on a journey into the intricacies of Avalanche (AVAX) trading, exploring potential avenues for profit amid evolving market conditions. As we delve deeper into the dynamics of AVAX, we uncover compelling insights that could shape your trading decisions.
🔍Zooming into the...
The trading volume of #AVAXUSDT has firmly established itself in the top 10.
So is Avalanche token being actively sold or bought now?
We will have all the answers soon, but for now, here are two scenarios for the CRYPTOCAP:AVAX price movement:
🔴 red - $35 - $45 - ($18.7-23.7)
🔵 blue - $32 - $55 - $43 - $110
So which pill 💊 will you choose 🔴🤷🔵 ?
...
📉Hi Traders, Investors and Speculators of Charts📈
AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade.
Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common.
I've been bullish on AVAX for...
Avalanche (AVAX/USD) If in doubt, zoom out! Despite the recent crash on most coins, some have experienced a larger fall. However, AVAX is still forming: "Higher High's & Higher Low's" on the trend line pattern from the chart. Is this recent dump before the BTC halving a shakeout so that whales can accumulate even more??
AVAX held support from the recent crash...
AVAX turned within our blue Target Zone ($41.83 – $50.42). Accordingly, we consider the low of the blue wave (ii) to be established. In the further course, the same-colored wave (iii) should continue well above the resistance at $65.42. Investors can open long positions in our Target Zone. Stops could be placed around 1% below the Zone. Indeed, if the price slips...
Avalanche (AVAX) - has formed a bullish wedge pattern on the 4-hour timeframe, breakout to the upside past Resistance from a downtrend since: mid March 2024.
If a rally from the break pushes further forward to: "$65", then past it.. momentum will continue and AVAX could head higher at prices of: $70 once key level Resistance has been reclaimed.
‼️DISCLAIMER...
📊Analysis by AhmadArz:
🔍Entry: 46.22
🛑Stop Loss: 47.59
🎯Take Profit: 44.77-42.68-40.09
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
AVAX is at a crucial level atm, $48 didn't hold Support. Be sure to watch out for this, because a break below could accelerate selling pressure and pull the pair to $42-$44 creating a new Level of Support.
Current Support Broken= $48
New Support Level= $42-$44
This short term bearish view will be invalidated in the near term if the price turns up and holds...
Welcome back, crypto enthusiasts! Today, we're diving headfirst into the whirlwind world of AVAX/USD trading, and boy, do we have a tale to tell! So, picture this: just before the previous bull cycle decided to call it quits, we found ourselves face-to-face with the neckline of that trusty harmonics pattern we stumbled upon back in 2022. Talk about timing, am I...
AVAX has been forming a triangle pattern for an extended period. The price was respecting the triangle and making higher lows. Everyone was expecting a bullish breakout and continuation of the uptrend. However, the price reacted to the fall of Bitcoin and started to fall with it.
The triangle pattern:
The triangle pattern is a neutral pattern that can be either...
The previous idea on last December price 47$ of CRYPTOCAP:AVAX and I am expecting to be redistribute after the 60$ but I was wrong about it, since the surge continues, Now the CRYPTOCAP:AVAX can clear this highs of 100$. But this idea is too speculative, I am not sure either if price can go there.
But this is crypto all things works once the public buying...
