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Avalanche

AVAX confirms bullish breakout on the dailyThe Avalanche ecosystem is growing rapidly since they announced the 180m DeFi incentives program in August. The volume following that announcement can be seen on this chart and was nothing short of incredible. After consolidating down into the "Pump Chaser Zone", forming a bull flag Price has broken out from the upper trendline and closed a bullish daily candle forming it's first higher high since peaking on August 25th. There was a large unlock of vested AVAX last Saturday that increased the circulating supply by 25%. The chart suggests that most of the "sellers' in that tranche have now exited (likely panic selling during the market wide sell-off on Tuesday) The probability of AVAX breaking out into price discovery in the near future is very high. The current market cap is $11 Billion Hunting for higher lows to increase exposure. Targeting the 1.618 Fib extension around $89 for first TP. Given the volume flowing in, there is a good chance we'll see 3-digit AVAX sometime in Q4
Long
by Randomtask555
1
🆓Avalanche (AVAX) Sep-10 #AVAX $AVAXAVAX is pumping strongly from the 35$ zone and it is trying to conquer the 50$ zone to keep moving up to 65$ zone. 📈BUY 🔴Buy : 39-41$. SL if B 🔴Buy : 48.8-51.2$ if A. SL if B 📉SELL 🔴Sell : 48.8-51.2$. SL if A 🔴Sell : 63.5-66.5$. SL if A ♻️BACK-UP 🔵Sell : 39-41$ if B. SL if A 🔵Buy : 29.3-30.7$. SL if B ❓Details 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation
1
A Case for Avalanche RushIdea pretty simple. I personally entered at the bullish T-K cross at about 33k sats. Held my position so far since fundamentals on this project are strong. Looking for trend continuation as projects on avalanche rush get launched over this month. Their roadmap says they are also working on some exchange listings that will provide the extra volume needed to reach the target. Target obtained through a fractal analysis. Coincidentally its at the 2.618 fib level. I will be cautious at the 1.618 level though. Price discovery can be tricky.
Long
by brotoshee
🧧AVALANCHE- This One Has Just Started 🍎 AVALANCHE has been growing nicely. Solid Tech, robust tokenomics and a visionary founder. it can easily overtake some of the Tokens/coins that have stopped growing, like Polkadot, XP and DOGE. Price could even triple from here. Price over major resistance and despite the rapid rise it looks ready for another rise. Not as fast as Solana, not as decentralized as Cardano, not as profitable as Ethereum but the parabolic growth should grow. The AVALANCH community is fanatic with AVAX and the growth seems more organic and healthy than the competition. One Love, the FXPROFESSOR
Long
by FX_Professor
7
AVAX looks very bullishAvax gave some bullish signals. Now ma 20 broken and retested. ready for a moon shot. Avax is actually good project. Ceo emin sirer have very succesful background and respected a lot by crypto community. Also he is turkish and have connections with turkish ministry of economy. There are some rumors about partnership and cooperation between avax and Turkey's central bank. Turks gonna FOMO a lot. I expected some short term targets but can reach unpredictible levels at some point. Short term First target 0.38 Second target 0.42 Third target 0.58 Long term (There is a chance) First target: 74.30 Second target 96.50 Third target 198.20
Long
by A_D_Y