Avalanche [AVAX] Preparing for HUGE potential pumpHi everyone,
Looking at the Daily chart, we can see that AVAX is preparing itself for a nice breakout.
At this moment the relevant price action and volume look promising. I remain very bullish on this strong project!
Strong fundamentals:
> Apricot Phase-two implementation
> FAST-growing smart contracts platform
> Avalaunch (XAVA) launch
> Spore Finance integration
> 930+ validators
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AVAXUSD
AVAX/USDT can reach It's ATH once again!Hi every one
AVAX/USDT
AVAX/USDT has formed a falling wedge which is a good bullish pattern! the price can reach the top of the wedge but only after price breaks this pattern! we shall see will it happen or not! If the break out happens and the price would increase to the top of the wedge ,the ATH price can be reached once again!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
[48%] AVAX/USDTAvalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.
It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.
Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.
AVAX has defended a major support #AVAX has defended a major support level. This is a good sign for the still active uptrend. RSI is also still trending above 48.5. After 3 attempts to break resistance - we could see one in next impulse wave of #Avalanche heading to $40.35. $AVAX #CryptoSignals #Crypto
$AVAXUSD - Giant coffee cup is being formedHello everyone!
I think Avalanche is still undervalued, the team working on Avalanche wallet deserves a huge round of applause, mainly for keeping the wallet up to date and enabling NFT trading which is hyping now.
I will follow the Cup pattern and hold AVAX for a while now.
AVAX/USDT 35% up from our entry so what now..?#AVAX/USDT profit update:
$AVAX currently trading at $38.40
It’s almost 35% up from our entry.
Entry:- $28 ✅
TP1:- $38 ✅
Congrats first Target has been achieved.
Still more room for upwards.
But don’t forget to book profit partially.
Support: $33/$28
Resistance:- $38/$53/ Moon
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Avalanche [AVAX] Potential setup for breakoutHi everyone,
Looking at the Daily chart, we can see AVAX is printing higher-lows continuously within its formation and found, once again, support on the EMA 50 as well. These are good signals.
We are still waiting a clean break out that can confirm the next leg up.
Strong fundamentals:
> The Graph partnership, bringing subgraphs for developers
> AllianceBlock partnership, integrates DeFi and financial primitives
> RAI Finance integration, cross-chain trading capabilities
> Over 900 active validators
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This is not financial advice
AVAX breakout, Good buy hereAVAX is preparing for another big rally. AVAX is taking support at the horizontal line and forming a triangle. The breakout will start a new rally in AVAX and Avalanche team is working on the developments and partnerships of the project. AVAX has a lot of big news coming in the second quarter and we see a big rally soon. AVAX recently partnered with Blocknet to extend its power to other blockchains also.