1-MINUTE TRADES: AVAX | Avalanche AVAX Price Prediction and Analysis 2021 #shorts

3 Jul 2021 · 1 min

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1:09

In this one‑minute YouTube short, the presenter from The Art of Crypto delivers a concise technical analysis and trade recommendation for Avalanche (AVAX). He first notes that AVAX is forming higher highs and higher lows on a macro timeframe, indicating an overall uptrend. He then identifies a bullish order block at the $11.52 level, explaining that such zones represent areas where institutions may enter short or long positions. The strategy is to watch for price rejection at $11.52; if the price breaks below $11.30, a downtrend is expected. Conversely, a bullish order block higher up suggests a buying opportunity. The trade plan calls for an entry near the identified level, a stop‑loss set to limit loss to roughly 3%, and a take‑profit target of $12.15, delivering an estimated 16% gain and a 5:1 risk‑to‑reward ratio. The video ends with a brief call to subscribe.

Chapters

Welcome to The Art of Crypto's 1-minute trades. In this video, AVAX. Right away you can see that AVAX is currently still forming higher highs and higher lows on a macro scale. So here's the trade that you're going to want to take. If you just take a look at this level right here, notice how this massive move downwards was preceded by this last bullish candle. This bullish candle is what you call an order block. Simply means an area where institutions are going to look to short or buy In this case, it's going to be a short. So you're going to want to mark down this level on your own chart, $11.52. You're going to want to look for price to get rejected off of this level, and at the moment you can see that it's happening right now. If the price gets rejected here and it falls below $11.3, then expect AVAX to be in a downtrend. And this is the part where it gets juicy. This massive move upwards was preceded by this bullish order block. So this is going to be the 2 levels that you're going to want to buy AVAX at. This is going to be your stop loss. If you take the trade at this level, you're going to have a stop loss of 3% and a take profit target of 16% at 12.15. Now I don't know about you, but a 5:1 risk to reward ratio sounds pretty good to me. If you like these kinds of videos, I want you to drop a subscribe and I'll see you in the next one.