AVAX-USDT
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a failed breakout of the resistance zone and then fell. Now it is fluctuating below the resistance line. If this resistance line is broken, the price will go up to its previous resistance zone. If the price fails to break this resistance line, it will fall down to around $76. If the price breaks the resistance line, it can come up to $86, make its pullback and then continue its uptrend. If the first support zone is lost, it will fall down to the next support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
🔥 AVAX Bull Flag ContinuedJust like most of the crypto markets, AVAX has seen a sharp reversal over the last couple of days. If we connect the December lows with the lows of last week and the latest tops, we can clearly see a bull flag pattern emerge on the chart.
Since we're coming from a strong bullish trend, the most likely scenario would be a bullish break out from this pattern. Be aware that we might bounce between the trend lines for a couple more weeks before a definitive break out.
Targets placed at recent tops.
Happy trading!
AVAX/USDT/ UP OR DOWN??as you see Avax KUCOIN:AVAXUSDT maybe it will have some break out (from downside) or it will support and go up again. but this avax is really near too resistance zone and so maybe it will come down for a while or it will break out from this resistance zone.
we have to wait and watch BTC & sellers
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You can see that the price has reacted to the support line and is pulling itself up and fluctuating exactly around the line. There is also a resistance line named R1 on the way of the price. If the price is not able to break and stabilize above it, it will fall again. If it is able to stabilize above it, it can gradually see higher prices and even the top of the channel.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
AVAXUSDTPossible movement of AVAX.
It should keep above the yellow trendline and break the yellow resistance to go this way up.
If it will break the green support it also will break the yellow trendline and move down into the red support zone.
Keep an eye on it.
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No financial advice.
Have a nice day!
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is forming a flag pattern, and if the price can stabilize above its resistance line, it can move to the top of the channel and our second resistance. It is possible to have a correction after hitting the first resistance line.
So, for people who are on profit and do not take risks, it is better to make a profit after hitting the first resistance line and re-enter the trade if the trend breaks and stabilizes above the line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
AVAXUSDT Correction on the Way!With AVAXUSDT finally reaching point E of the Elliot Wave, it should soon start the Elliot wave correction pattern. We are looking for a major dip at point C and current potential of going back to 100 value. So far, not much data can support since it is a new currency.
Disclaimer: This is for educational purposes only. I am not a guru nor am I a licensed financial analyst.
btc usdt daily chartWant to jump into crypto investing? Ask yourself these 3 questions first
Cryptocurrency, once an obscure corner of the financial world, is going mainstream.
It made its debut on the New York Stock Exchange on Oct. 19 in a ProShares exchange-traded fund BITO, +1.23% tied to bitcoin futures. Artists are making millions selling “tokenized” digital works. And crypto exchanges are advertising on prime-time TV alongside banks and insurers.
But individual investors considering crypto are likely to encounter a world different from what they’ve seen in traditional finance. Prices can fluctuate wildly amid rapid trading in assets backed only by blocks of computer code.
Despite the complexity, experts following the sector say the approach to investing in cryptocurrency isn’t so different from other investments that have a high-risk profile: Don’t invest money you can’t afford to lose, make sure you’ve got your other financial bases covered and remain patient.
“Most of the information that people come across is about crypto trading. It’s about how to buy the next hot crypto. It’s about how to identify the next coin that’s going to the moon,” says Steve Larsen, a certified financial planner in Washington state. “Crypto investing is very different. It’s about buying something that has some fundamentals that you think are going to have value over the long term.”
Larsen, who trains investment advisers to talk to their clients about digital assets, says he believes that the underlying technology, known as blockchain, has potential. In a blockchain network, computers work together to authenticate transactions without the help (and massive costs) of central authorities such as banks or government regulators.
1. Are you in a position to buy crypto?
Generally, if you decide to buy crypto, it belongs in a cluster of relatively risky assets that make up a small percentage of your overall portfolio — 5% to 10% is one common guideline.
Larsen says he doesn’t recommend that anyone invest in cryptocurrency before meeting other goals for both short- and long-term financial health. He says investors should extinguish any consumer debt, for instance, and make sure they’re investing enough to get their employers’ matching contributions to retirement accounts such as 401(k)s.
Beyond that, buying into crypto doesn’t require a substantial financial commitment. Some online exchanges allow customers to buy in increments of a dollar or less.
Mati Greenspan, chief executive of the research firm Quantum Economics, says one way to get into crypto is to put aside a few spare dollars per week.
Related: Buying bitcoin or any other crypto is a huge leap of faith and you don’t want to be the ‘greater fool’
2. Have you done your homework?
Crypto exchanges in recent years have made buying, holding and selling easier. However, if you don’t want to delegate the security of your funds to the operators of the exchange, you’ll have to do some research into how digital wallets work and which one is best for you.
More broadly, though, it helps to understand what blockchain technology is, how competing products are using it and which ones have a shot at success. In addition, there’s a lot of hype around cryptocurrencies, which means investors should have their eyes open for red flags.
“This industry is riddled with coins that have no use case and in many cases are actual outright scams, meaning that they’re just people that are out to get your money,” says Greenspan, who’s based in Tel Aviv, Israel. The trick, he says, is to find the true innovators.
While you might not need a background in coding, it’s worth the effort to look into how a cryptocurrency can be used. One way to do this is to read the white paper, an often technical document laying out how a network will operate.
Bitcoin BTCUSD, -0.54%, for instance, is built to be actual digital money used as payment for goods and services.
Ether , the second-most valuable cryptocurrency, can also be used as payment or to compensate users who help run the Ethereum ETHUSD, -0.58% network. The network is built to execute “smart contracts” that can be settled automatically when certain conditions are met.
Greenspan recommends looking at how the supply of a cryptocurrency is distributed, including whether there’s a maximum supply that can circulate.
He says such inquiries “might be very tedious, but they’ll certainly give you a major spotlight into what’s going to happen with the price of the coin over time.”
Related: Is bitcoin an inflation hedge? As CPI surges to over 31-year high, crypto trades near record high
3. How will you diversify?
All cryptocurrency faces one inherent risk: Blockchain technology is pretty new, and no one knows for sure that it will deliver the economic benefits that its supporters are counting on.
“Any investment … in any crypto asset out there is a bet on the future that transactions, assets and information at large is going to be increasingly stored and transmitted on an underlying blockchain,” says Sean Stein Smith, an assistant professor in business and economics at Lehman College in New York City.
And even if blockchain meets the expectations of people investing in the field, there will still be cryptocurrencies that don’t pan out. Greenspan recommends distributing your investments among several assets that you believe have long-term potential.
See: Should I buy a bitcoin ETF? Here’s what some pros say you should consider
There aren’t many options within the cryptocurrency space that are comparable to mutual funds or other investment vehicles that give everyday investors broad exposure to many assets.
In addition to the new bitcoin-linked ETF BITO, +1.23%, some exchange-traded funds focus on companies working on blockchain-related endeavors. Other ETFs that have been proposed would actually hold crypto, but those have yet to be approved. Investors may also consider the stock of companies in the cryptocurrency industry, such as Coinbase.
Regardless of how you approach cryptocurrency, investment diversification should be considered across your entire portfolio, and alternative investments should typically comprise only one small part of that.
The author owned bitcoin at the time of publication. NerdWallet is not recommending or advising readers to buy or sell bitcoin or any other cryptocurrency.
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has been able to move above its support line after approaching it, which we can clearly see the tendency to climb.
It is currently fluctuating inside an ascending channel and can move towards the roof of the channel, but if it can stabilize inside the channel and drop below its support line, we can consider more fall with a lower probability.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 AVAX On A Run: Pennant Break Out SuccessfulA week ago I made an analysis on AVAX and the pending pennant break out, see below.
Since my last analysis, AVAX went on a massive run-up and made it's way to target 1. As initially expected, the first target offered some strong resistance, but gave in after a third attempt.
At the moment, AVAX is on its way to the $90 target. $80 is the current main support, the price might re-test it before going up again. Longer-term target added at $100.
Happy trading!
Polygon can hit $3.50 in Q4 matic usdt Polygon can hit $3.50 in Q4 as MATIC’s 20% weekly rally triggers bull flag setup
Polygon (MATIC) has the potential to reach $3.50 by the end of this year as it charts a pattern that’s starting to resemble a bull flag.
In detail, bull flags are bullish continuation patterns that emerge when the price consolidates following a strong move higher. In doing so, the price tends to trend lower while leaving behind a sequence of higher lows and lower lows.
Avalanche Launches $220m avax usdt chartAvalanche Launches $220m ‘Blizzard’ Fund, Set To Boost DeFi & NFTs
The Avalanche Foundation, the principal organization behind the development of the Avalanche blockchain, has launched a new $220 million fund aimed at supporting the growth of decentralized finance, enterprise apps, NFTs, and culture applications.
The fund has been named ‘Blizzard’ and is created to support emerging use cases such as security token issuances, liquidity providers, and self-sovereign identity. According to the Avalanche Foundation, several distinguished venture capital firms have pooled together to contribute to the fund, among them are Ava Labs, Polychain Capital, Three Arrows Capital and Dragonfly Capital.
🔥 AVAX Bullish Pennant Soon To Break OutAVAX is currently trading inside a pennant pattern. With the price reaching the end of the pattern, there's a high chance for increased volatility. Since the pattern came to existence after a major bullish push, it's likely that the break out will be a bullish one.
First target placed at the ATH, $80. Second target at $90, in case AVAX goes parabolic.
Happy trading!
🔥 AVAX Potentially Reversing: UpdateAround a week ago I made an analysis on AVAX. In this analysis I argued that AVAX broke out of the bearish wedge and was likely going down some more. I indicated the reversal area as a potential area of strong support.
As it appears now, AVAX has found support inside the reversal area. Two green days in a row have been printed thus far. If we can get a daily close above $60 in the coming days, I'm expecting the continuation of the bullish move from August.
First major target is at $75.
Happy trading!
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has reached the bottom of its channel. If it does not cross the support line by tomorrow, we can see a fall.
But if it stabilizes above the line, we consider a good growth.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is going sideways, within a certain area, and if it goes out on either side, the price will start moving in that direction.
We have drawn both support and resistance lines for you. The price can start moving towards either support or resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
AVAXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has reached the support line that can be supported and start moving towards our target.
But if it goes below the support line and stabilizes, we expect a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck