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Avalanche

AVAX - Urgent Update w LevelsBad News: Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months. The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped. Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way. One Love, the FXPROFESSOR
by FX_Professor
2
AVAXUSD Cycles with SineWaves. Is it accumulation at the bottom?Avalanche has been one of the surprises of 2021 and despite the market correction since November, it is seen consolidating in rage. I've spotted an interesting cyclical behavior of AVAX, which can provide a fairly accurate pattern to long-term investors. As you see it is going through phases of accumulation - rise - sell off. There is an underlying Fibonacci Channel that is supporting its long-term uptrend since the September 2020 market bottom. I've applied the Sine Waves for a better understanding of AVAX's cyclical behavior and as you see it shows that we may be currently half-way through the new Accumulation Phase. The 1D CCI hit last week its long-term Support Zone and has been rebounding since. Such hit and rebound sequences are only seen during AVAX's accumulation phases. Based on that pattern, it is possible to start seeing the new Rise Phase towards the end of February but if you have a long-term investor mind-set, this model shows that Accumulations are done on market bottoms, so the time to buy is now as if the rest of the market rises before, AVAXUSD should follow. The next target for a Higher High is the 1.5 Fibonacci extension around $315.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AVAXUSD
by TradingShot
25
avax 1-10 update 🎵avax seems to be playing out my original trajectory via 👇 i seriously didn't expect to see it back down at these prices to be totally honest. if it genuinely does get down into the 60's, i'm going to be all over it. i don't have a stronger pick than avalanche (aside from ethereum); they are my top two going into the future. ps. once this bottom is in, we should begin some sort of move to the upside - just not sure what that move is going to be just yet. its possible that this will complete a wave W, then we still have a larger wave X and Y to go before the real bull run begins.
FTX:AVAXPERP
by notoriousbids
2