#AVAX #Avalanche has formed a beautiful chart. Since March, it has been continuing a downward trend, forming a descending wedge pattern. It's close to breaking the resistance. If it breaks the resistance and maintains above it, the upward momentum will be confirmed. It is expected to reach the Fibonacci levels of 0.382-0.618-0.786-1 sequentially. Therefore, the...
- Fast Update. - Everything in Graphic. - Buy Breakout 50$++. ( always wait Weekly candle on Monday to have confirmation ). or - Buy Retracement : 18$ ish ( 25% invest ). - Buy Bottom : 10$ ish ( 75% invest ). - TP1 : 150$ ish( old ATH ) - TP2 : before 380 to 500$ ish ( Just don't be greedy ). Play S4fe Happy Tr4Ding !
#AVAX CRYPTOCAP:AVAX has created a perfect masterpiece for us. Looking at the chart, a clear triple bottom formation is visible. I expect the scenario to unfold as shown in the chart.
AVAX is lingering around the key daily support zone around $33.76. Avalanche has to reverse bullish and move towards $43.21. A break-out of $43.21 will make AVAX bullish in the daily chart and we will see a move to $54.35. Below $33.76, bears will push price towards $28.67 and, possibly, lower to $22.62.
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity. Find more in the signature!
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Avalanche is facing the resistance from $60. A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 . A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support. Intraday Chart Unable to sustain the price action above...
February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until...
What is Avalanche? Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Avalanche launched on mainnet, September 21, 2020. Since then, the platform has...
Trade setup : Bullish break above $25 signaled continuation of uptrend and price has surpassed our target of $30 near-term. However, price is now very overbought (RSI ~ 75) just as it reached that $35 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Previously, price broke above 200-day moving average, which confirmed a...
Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside According to Voyager Digital’s lawyers, the crypto lender will self-liquidate its assets after failing to reach an agreement on a sale to either FTX US or Binance.US. The announcement, shared in a court filing on 5 May, comes just ten days after Binance.US abruptly backed out of a...
The weather is getting better and the ones who can prepare their garden for the incipient new season of barbecuing, sunbathing, harvesting or just savoring nature. In its green garden between $16.67 and $11.77, Avalanche still has got some work to be done as well and should advance a bit deeper to finish wave ii in orange. Ideally, our crypto gardener should turn...
BINANCE:AVAXUSDT Hey ! Here ive charted out some KEY areas of support/resistance to keep an eye out for if you are trading this coin. These are VOLUME areas ! Not financial advice ! just my thoughts . Lets gett this CRYPTO !!! BINANCE:AVAXUSDT
For the last month, the AVAXUSDT price is in the liquidity zone, where it was last in July 2021. Also, the pattern of formation of a possible price bottom is very similar to 2021. What was further with the price of AVAX can be seen on the chart. Another positive point is that in July 2021, the BTC price fluctuated in the range of $30-32k. The AVAXUSDT price was...
You know the children’s book The Very Hungry Caterpillar by Eric Carle? Just like the story’s protagonist, Avalanche is crawling around with wriggly movements and is repeatedly gnawing at the turquoise zone between $25.29 and $39.63. If the altcoin wants to further our primary scenario, though, it should pupate soon and emerge as a beautiful butterfly, flapping...
Hi dear patrons, hope you are well and welcome to the new trade setup of Avalanche (AVAX). Previously we had a nice trade of AVAX: Now on a monthly time frame, AVAX has formed bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#AVAX/USD $AVAX hold the long term ascending support. 🐮 price can head up to resistance zone around $90 that is the same with ascending trend line. break out from this resistance can increase price to resistance zone between $110 and $120. 🐻 rejection from $90 can drop price to current support that touched more than 3 times and possible to break it down to...
Avalanche still has time until the resistance at $98.77 to finish wave B in green, but it could also decide to avalanche into the orange zone between $70.58 and $58.31 immediately. There, it should complete wave C in green as well as wave ii in orange and use its drive to change direction. In contrast to its namesake, Avalanche should then rush upwards above the...