This Setup On #AVAX Is Gonna Be HUGE! Don’t Miss This! #Avalanche Price Prediction

What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, let us discuss AVAX and whether or not it is going to start dumping from here, or is it going to continue pumping on to $200 and beyond. Now, truth be told, I am an early investor in AVAX. I mean, not really early, but like, you know, I got in back at $10. My original price target was $100, and that has been hit like way more. Like, it went all the way up to $150, which is a huge surprise. Like, I know AVAX had potential, but I didn't think it would happen this— like, I didn't think the price would reflect that that quickly. So honestly, yeah, I'm an AVAX bull. Um, if you go back to the early days of my YouTube, I used to make a lot of AVAX videos, and you know, back then, yeah, yeah, let's not discuss that. First off, let's take a look at AVAX. So to kick things off, you know that there's this really beautiful pattern right here which is called a cup and handle. These kinds of setups usually end up with really good pumps heading out of the pattern, so you're definitely going to want to pay attention to this. Namely, you're going to want to pay attention to this level right here, which I'm going to mark out at about 117.17. So I want you to buy the breakout of this level such as this, you know, buy along with the breakout or buy a retest of this trend line. So I know this has been a kind of a childish drawing, so let's draw a proper trend line to visualize this. So either you buy, you know, out of the breakout, or you buy a bullish retest of that breakout. So definitely pay attention to this line right here. Now if you do get, you know, if you do buy it over there, then I'm going to take some profit at about $124, uh, $128, as well as the previous all-time high at about $145. Honestly speaking, I'd rather take it at 141. So the TPs for this trade, right, if you do buy the breakout, is 124 and 141, give or take. So that's going to be the 2 levels that you're going to want to pay attention to AVAX in the event of a breakout. Now, before I move on to continue with AVAX, I just wanted to let you know that I'm doing a $2,000 giveaway on my Twitter @TheArtOfCrypto, as well as I'm giving away 10 subscriptions to the private Discord. If this is something you might be interested in, check it out, because over here you're getting the latest market updates. You're going to be able to follow along with all of my trades. And basically, if you always find yourself confused, like, hey, what am I supposed to do now, this is going to be the group for you. As a bonus, you're going to get access to the trading course where, you know, if you want to take things seriously, you want to level up as a trader, that's where, you know, it's going to be. And as a bonus, we're making money literally every single day. Look at this guy, man. This guy is crazy. 500%. Wow. So yeah, this is something you're interested in. Check out the link in the description below as well as you know check out this giveaway. The Twitter is at underscore the art crypto. Make sure you check that out. So back to AVAX. So in order to figure out sort of the new all-time high price targets for AVAX, we're going to have to draw a fib from that swing high over there down to this swing low, and doing so will allow us to figure out what are the possible levels of rejection for AVAX. once it goes into a new all-time high. And as you can see, these levels line up somewhere at about, you know, with the 1.618 Fibonacci extension heading to about $190, which is very close to $200, which I predict is going to be a local top for AVAX. You know, something like this is going to come all the way down here, and then, you know, you're going to get, you know, some kind of massive retracement to take out the liquidity that is below here, especially over here. So there is a very good chance that, you know, after you hit $200, you could come back all the way back down to $100 if there is a mass liquidation event. But of course, that is still a really long way away. For now, I would say AVAX is still one of the most strongest coins in the entire market right now. Like, you look at the entire market, all red, and then you have AVAX, FTM, and Luna leading the charge, basically. They are not affected at all by, you know, this recent Bitcoin move, which, by the way, I called, and I hope none of you got caught off guard by that. So definitely focus on AVAX. You know, when AVAX decides to, you know, stop playing with us, when AVAX decides that, you know, it's time for a local top and it's going to retrace, I'm definitely going to keep you guys updated about that as well. But for now, definitely, definitely pay attention to AVAX. And more importantly, you know, you're really going to want to pay attention to this $159 level right here. This is going to be, in my opinion, a very key level for AVAX to hold. Because usually, if we just look at the cup and handle pattern over here, then you can see that the neckline of the cup and handle is over here, right? So it will be better if we draw a fib from that swing high over there to that swing low, and then we can get the 1.16— sorry, 1.618 extension for AVAX over at about— where is it again— $159. So once it hits, I'm calling it in advance, Once AVAX hits about $160, make sure you take, you know, a good chunk of profits because you don't want to end up with something like Bitcoin. And I'll show you what I mean by that. So remember Bitcoin, look at what happened when it broke the previous all-time high. It just went slightly above it, and then, you know, you get a massive, massive retracement. And I don't want any of you to go through something like that, especially on AVAX, where, you know, you guys might lose a majority of your profit. So definitely take some profit. Or rather, take a good chunk of profit at $160 if you do get it. So now let's try to figure out, you know, what happens if you get rejected here. Maybe Bitcoin continues dumping, and you know, if Bitcoin continues dumping, what if AVAX dumps? Then in that case, we're going to want to be prepared for, you know, all kinds of scenarios. And in this case, we're going to want to be prepared for the bearish scenario. And to do that, assuming that this is going to be the temporary top for AVAX, right, assuming that high isn't going to be broken, We can just draw a fib from that swing low over there to that swing high, and you can see that the 0.705 retracement level sits at about $90, which is going to be very, very key for AVAX to hold. So basically, this block right here, right, is called a bullish order block. Now, if you're wondering how, you know, how to spot these bullish order blocks as well as how to use bullish order blocks to catch the exact bottoms, I'm going to link a video on the top right-hand corner. You can absolutely check that one out. So many people have sent me DMs on Twitter and, you know, just saying that, hey, order blocks really changed the game for them. And, you know, if you just want to learn how to spot these and how to use these, check out the video in the top right-hand corner. But otherwise, usually order blocks are— think of them as areas of untapped liquidity where market makers, who are the ones who move the markets, that is the area where they would like to bring price back to in order to mitigate some of their losses. Because the things about— the thing about institutional traders is they are both short and long at the same time. The only difference is that at some, you know, at some point in time, they might be net long instead of net short, and that's why, you know, the market is repriced higher. And eventually, they have to come back down to cover their, perhaps, their long positions or their short positions. So this is what this is, okay? Just put it very, very simply. This is what an order block is. So usually, what you will find is that after this kind of move, You will always find bullish order blocks sitting at the 0.618 and the 0.705, which indeed is the case. Now, I want you to visualize this way. So if I just zoom out a little bit, you can see that the area between over here to over here, there is zero price action, right? Zero, absolutely zero. There's nothing going on here. I mean, other than this. So this is what you call an imbalance. And if you guys are familiar with the Bitcoin CME futures, then you would understand The thing about CME futures gaps is that they tend to get filled. So am I saying that AVAX is going to come fill in this gap and then tap into this bullish order block right here? I'm not saying it's definitely going to happen, but if it does happen, I want you guys to be prepared to set a limit order at these 2 levels right here, which is at 90— oops, which is at about $95, right? $95. Yeah, $95, as well as give or take, give or take, I would set it as well at about $92. Right, you're going to want to set a limit order at both of these levels because this is taking advantage of— yeah, actually not $92. Yeah, I would go in for $90. Or if you want to catch this one right here, right, this wick, maybe just set 3 limit orders, right, just to be safe. Because here's the thing about dollar-cost averaging, sometimes it's very hard to predict what is going to be the exact bottom. So it always helps that, you know, you can just dollar-cost average and, you know, try to catch the best possible entry. So in this case, your entries are going to be at $95, $92, and $90. In the event that AVAX does come back all the way back down here, this is going to be very close to the bottom. And in my personal opinion, I would set my stop loss— and I know this is a really wide stop loss, like if we use the daily chart, we're going to have to set our stop loss like 20% down, right? So that's not— definitely not going to be feasible. So in my case, I'm going to set the stop loss at about $84. Now Beware that if you do set these limit orders when the market is going through a very quick movement, there is a very good chance that you might get wicked out, right? You just get stopped out and then the price is going to reverse. Well, when, you know, you would have caught the bottom otherwise, but you just got stopped out for, you know, no reason. So I would even recommend that, you know, maybe you go without a stop loss during highly volatile times and then place a stop loss back in once, you know, the price goes back to, you know, entry. For example, so definitely something to keep in mind. If this is something that you know has been helpful, maybe you've learned something new. It would help me so much if you could just drop a like button on the video. It's a small gesture, but it really really helps me out a lot. So before we you know before we move on, let's see if there's anything that we can gauge from the Bitcoin AVAX chart. And you know honestly, it is just you know a very similar pattern where you know you're very close to breaking out to a new all-time high, and this is a hyper bullish. Hyper bullish pattern right here, and you know definitely pay attention to it. I do believe that AVAX is not done at all. So same thing with you know same thing against Bitcoin. You know AVAX USDT absolutely very strong right now. So pay attention to it. I do believe that it has potential to at least go to $160, and the Bitcoin chart reflects that. And that is something I love to see when the Bitcoin chart and the USDT chart lines up together. So hopefully this video has given you some kind of. A preparation in order to you know what to expect from AVAX. All of these white lines that you see here are can be taken as you know take profit targets. So that's going to be at about 124. You know ignore 128. You can take some at 128 as well, right? It depends, right? Just use either one of these levels. It's up to you really. So this is going to be take profit number one, 141, 159, and I'll say that that's going to be the temporary top for AVAX before the next move up. Or if it breaks, like if it breaks. You know, $160 really, really strongly, then I'd say AVAX would make a push for $190, which is going to be the temporary, like, the local top for AVAX before some kind of retracement. So definitely, definitely take the majority of your profit at $159 and take the rest of your profit at $190 if you are a trader. Now, even if you're an investor, it doesn't hurt to take some profit, okay? Unless you are like thinking really, really long-term where you see AVAX going to say $500 or $1,000. Then in that case, you know, my advice is definitely going to be just wind, you know, wind through, through your ears or whatever. I don't know how to say that. And just remember, if you guys are interested in the private Discord group where, you know, you can take your trading game to the next level, check it out. The link will be in the description below. But otherwise, if you want to help me out with this YouTube video getting a bit more attention to this, please comment down in the comment section AVAX. It will— again, it's a small gesture, but it really helps out the YouTube algorithm a lot. For now though, Made again to be with you, my friend, and peace.