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Avax

AVAX - Rain Ahead 🌧️; 24-Hour Bearish Trend Cloudy and rainy trading conditions 🌧️ loom for the global crypto market in the next 24 hours, forecasting a bearish market with downside risk. Avalanche and Polkadot encounter extremely bearish conditions, hinting at an impending rebound. Over a one-week horizon, the ☁️ cloudy trading conditions persist. However, Bitcoin, Cardano, and Chainlink glimpse a bit of bullish ☀️, suggesting a potential slight rebound. Follow us for more crypto weather reports!
by ATTMO
AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this AVAX/USDT 1DAY chart update by CRYPTOSANDERS. CHART ANALYSIS:-Avalanche (AVAX) was a big mover on Friday, as the cryptocurrency rose by as much as 7% during the day. Following a low of 9.85 on Thursday, AVAX/USD rose to a peak of 10.80 earlier in today’s session. The move pushed the avalanche to its highest level since August 29, past a key price ceiling of 10.00 in the process. the relative strength index (RSI) also escaped a resistance level of its own at 65.00. price strength now resides at 68.54, which is its highest point since mid-April this year. The next target for current buyers will likely be 11.00, however with the price now overbought, a reversal could also be on the cards. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Brief Analysis——AVAXAVAX, the token of the blockchain Avalanche, has performed better than many other tokens in recent times. The maximum rise is 20% from the low on September 25. But AVAX's upward trend may be coming to an end in the near future. Stars Arena, a copycat of friend.tech on Avalanche, is live starting September 27th. As Stars Arena TVL increases, The utility of AVAX has been improved in disguise. Based on the supply and demand relationship, the slope of AVAX's increase gradually becomes steeper. But not long ago, our research learned that Stars Arena was attacked, directly losing almost all TVL, and the loss in US dollars was close to 3 millions. This is undoubtedly a major blow to Stars Arena or Avalanche. Back to our technical analysis, on the daily level, we can see that AVAX has maintained falling with fluctuation for most of 2023. It started rising on Sep.25 On the way up the slope steepens and trading volume increases. As can be seen from the WTA indicator, during the phase of increasing slope, the inflow of whales begins to increase significantly. So far, no whales have disappeared, which is a good situation. It can be seen from the MBF indicator that before the rebound, the bottom-buying sentiment gradually increased. Switching to the 4h level, we can see that the long upper pin-bar has been formed (this has not yet been determined at the daily level), and significant trading volume has appeared. From the WTA indicator we see a familiar pattern. The whale disappeared in the black rectangle and reappeared as AVAX stopped rising and began to callback. The whale made an urgent departure. We didn't correlate the whale's behavior with the attack on Stars Arena, but the situation now is not good. There is a possibility that AVAX’s rise may be ended. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Short
by Sypool
2
AVAX/USDT Break the Key area, Bullish Momentum for Avax ???💎 Paradisers, AVAX has undeniably made waves with its stellar rally post breaking out of the descending channel and touching the supply zone. 💎 On its initial attempt, AVAX faced a setback from the supply zone, retracing to a robust support level. However, with resilience, AVAX surged again, turning the supply into a demand zone. 💎 Currently, AVAX is facing hurdles at the resistance zone, and there's a likelihood of it retracing to the demand zone for a retest before making another push towards the resistance. Should it conquer the resistance, the path to the Bearish OB zone seems clear. 💎 Conversely, if AVAX struggles to hold onto the demand zone and breaks below, it might set its sights on the strong, and possibly even the crucial, support zones.
by MyCryptoParadise_Nathan
8
TRADE ALERT - LONG MATIC, SAND, AVAXTraders, As stated in an earlier post, BTC held my long-standing neckline at 25,200 and then absorbed the 26,500 price. With the hidden bullish divergence spotted on the RSI, the price now favors the bulls slightly. BTC.D continues to trend down and this gives the alts a good chance to follow the lead of BTC. So, as promised, I have begun to pick through a few entries that look promising. These entries appear to be ready to follow BTC because they mimic the hidden bullish divergence on the RSI. Additionally, you will see they are all ready to exit a bullish descending triangle. All entries have a r/r of around 4/1. All entries will be shooting for the 200-day moving avg. as a target to start. As usual, this is subject to change pending price, time, and pattern scenarios and usually does. Keep an eye on my spreadsheet for those updates. The first entry I have chosen is Matic. Entry .52 Target currently .82 and SL .46. R/R 4.1 Second SAND. Entry .30 Target .48. SL .25 R/R 3.8 Third AVAX. Entry 9.12 Target 14.11 SL 8.00 R/R 4.6 I will stick to my SLs and may adjust/exit should that RSI dip below the Hidden Bullish Divergence lines I have drawn. None of this constitutes financial advice. I am an entertainer playing a public game and am simply demonstrating how I play. Best, Stew
INDEX:BTCUSDLong
by stewdamus
AVAX/USDT bullish move incoming? 👀 🚀 Avalanche Today Analysis 💎 Paradisers, Heads Up! An intriguing opportunity is unfolding with AVAXUSDT as it steadfastly holds a key support level and is aligning for a bullish ascent. 💎 EURONEXT:AVAX has encountered robust rejection at the daily support of 8.68 and is setting the stage for upward momentum, likely aiming to retest the daily resistance zone shortly. 💎 A few days ago, a notable shift occurred as demand turned to supply, causing Avalanche price to plummet significantly. Currently, the RSI is indicating a bullish divergence, signaling that Avalanche is potentially on the brink of a bullish trajectory. 💎 If you are planning to trade, remember to strategically place a stop loss at 1.75% to safeguard your position. Trade wisely and stay tuned for more insights.
Long
by MyCryptoParadise_Simon
AVAX.USDT (Long Term) Ladies and Gentelman, It's Ho3ein again. Thank you for your time 👋👋 It's a new day and I want to tell you all about the support zone on Avalanche. I think it will be interesting. Because I wanna tell you where is the best zone to buy and Hold Avalanche for the long term. Please be patient 👌👌 Before that, Please don't forget to Like 👍 , share ✌️ with your friends, and also write your comments ✍️ below the post. It gives me more positive energy to continue publishing my analysis. As you see, we have Three main support zones. I'm sure the first one around 7.2-7.5 USD will be lost soon. We will talk about the second and third ones. The Second support zone is around 4.6 – 5 USD and it's really strong. I expect the price drops to this zone to stop dropping and the price after touching this zone to move up. I bet it's not the End of the correction. Because I expect the Second zone could NOT hold the price and it will break and the price will move to the 3rd support zone. Let me say something frankly, I don’t believe that the 3rd support zone around 2.6-2.9 will be broken. It's really strong more than you think and big whales are waiting to buy Avalanche in this zone. Please be patient. control your emotions 🙏🙏 Opportunities in the market flow smoothly like a river 🧞‍♀️🧞‍♀️ It was my duty to tell you all the things you need to know. Please ask me all your questions below the post. Wish you Health and Wealth Sincerely Yours 🙏 Ho3ein.mnD
BINANCE:AVAXUSDShort
by Sticky-Stock
Need to check if it can rise above 10.81Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (AVAXUSDT chart) The key is whether the price can be maintained above 9.76 and rise above 13.47. (1D chart) It is supported and rising in the 8.81-9.36 range. The key is whether it can rise above 10.81. If it receives support in the 10.81-11.56 range, it is expected to lead to an upward movement to around 15.69-16.94. If this is not the case and it falls below 8.92 and shows resistance, caution is needed as it is expected to fall to around 7.72. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
AVAXUSD Ready for a bullish break-outAvalanche (AVAXUSD) has been trading within a Channel Down pattern for the past 6 months and is testing today the 1D MA50 (blue trend-line). The same kind of test after a 1D RSI Bullish Divergence was performed in AVAX's previous Channel Down on January 09 2023. Observe the perfect symmetry on the RSI levels of the two dates. When the price closed above the 1D MA50, it initiated a massive rise on the next candle that easily broke through the 1D MA100 (green trend-line), hit the 1D MA200 (orange trend-line) and peaked a little above the 0.618 Fibonacci retracement level. As a result, we will buy the break-out and initially target the 1D MA100 at 11.000. If it breaks above the 1D MA200, we will buy that 2nd break-out and target the 0.616 Fib at 15.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:AVAXUSDLong
by TradingShot
6
Uptrend Forecast for AVAX Future with Short-Term Target at 9.496In-depth Analysis and Bullish Outlook on AVAX Future: 🚀 Current Price: 9.319 🎯 Target Price: 9.496 🛑 Stop Loss (SL): 9.286 📈 Bullish Rationale: I am sharing a bullish perspective on AVAX Future with a short-term trading idea, taking into consideration the current market dynamics and potential driving factors. Market Sentiment: The broader market sentiment towards cryptocurrencies and specifically AVAX seems to be positive/negative (depending on the actual sentiment). 📊 Trading Strategy: Entry Point: Now/9.319 (depending on your risk tolerance and strategy) Take Profit: At 9.496, which represents a ~2% increase from the current price. Stop Loss: Strictly at 9.286 to manage risk effectively. 📝 Note: Trading involves risks and it is crucial to always conduct your thorough research or consult with a professional before making any investment decisions. This idea is based on current market conditions and technical analysis, which are subject to change. 🔄 Updates: I will keep you updated on the progress of this trade idea, and potentially adjust targets and SL depending on how the market evolves. Let’s navigate through these market conditions together and see how AVAX Future unfolds in the near term!"
Long
by Ailtra
2
AVAX where to buy for a long-termHi traders, Let's have a look at AVAX. AVAX has been in a long-term downtrend and it still can drop lower. The price seems to be creating some kind of a falling wedge now. Our buy area is shown on the chart and it's between 3 and 5 $. This is when in our opinion it's worth to accumulate AVAX. Targets for the next bull market cycle: 1. 40 $ 2. 52 $ 3. 76 $ 4. 98 $ As we can see from previous market cycle, most Altcoins don't reach their previous ATH therefore we don't believe that AVAX will do so. What's your opinion? Good luck traders!
Long
by vf_investment
4
An incoming last correction wave for #altcoins #total3 presents #altcoins ' market cap excluding #btc and #eth . After the 1st long correction wave, the chart formed falling channel. This formation will be completed with the 3rd correction wave and the dip of the channel will occur. When Elliott' s 123 correction wave is finished, the falling channel will turn bullish. This may be after the halving. 3rd wave seems to plunge altcoins' average by min. %30. Be careful till Q2 2024. NOT FINANCIAL ADVICE. Dyor.
CRYPTOCAP:TOTAL3Short
by naphyse
🔥 AVAX Deep Oversold Bounce PlayAVAX has been on a massive losing streak for well over a year now. Even with BTC being relatively bullish in 2023, AVAX has made a new bear-market low last week. Nevertheless, this token enjoys a lot of popularity across the internet. With AVAX trading in a historically very strong area of support and the 3-day RSI hitting oversold recently, I think it's time to scout for a potential reversal trade. Stop just below the recent lows, target at 30$. More defensive traders might want to take (partial) profits around 20$.
Long
by FieryTrading
3
AVAX- Remains PromisingAmidst Avalanche’s once-promising ascent, most holders now clutch a bearish reality. Over 90% face losses while development thrives and trading volume wanes, painting a complex landscape. Avalanche showed great promise during its initial stages, attracting motivated buyers to purchase and retain it. Nevertheless, recent data revealed that most of these buyers and holders were holding their bags at a loss. As per CoinMarketCap, Avalanche had a circulating supply exceeding 344 million tokens at press time, with a total supply surpassing 400 million tokens. However, insights from Into The Block highlighted that more than 90% AVAX holders were experiencing losses at the time of publication. Specifically, the data pointed out that approximately 99.45% of holders, accounting for around 5.45 million addresses, found themselves out of the money, indicative of holding at a loss. WHY LONG: Despite the downward trend in trading volume, the development activity on the Avalanche network has been consistently robust. This suggested that the platform’s team was actively at work. Loyal Community: And while these holders may have hoped for respite, that has not been the case. To make matters worse, IntoTheBlock data showed that 99.5% of AVAX holders were now holding the token at a loss. The Chart: On support and looking Bullish to me. Long on AVAX again and remember to take profits at 14,5 One Love, The FXPROFESSOR
Long
by FX_Professor
7