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Avalanche

January 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart In the first trading week of 2023, the market was still consolidated with extremely low volatility and trading volume. Bitcoin's volatility has hit record lows one after another, and a new round of changes is brewing. The probability of Bitcoin's upward turnup still exists, but it needs to wait patiently for market confidence to recover. Today’s Cryptocurrency Headline Shopify Supported All Merchants to Directly Sell and Mint NFT on Avalanche According to Decrypt, the e-commerce giant Shopify announced that it has supported millions of online merchants on the platform to directly sell and mint NFT on the Avalanche chain without guiding customers to the NFT market such as OpenSea or Magic Eden. This function was developed in cooperation with Venly, a blockchain technology startup. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
AVAX Breakout PotentialIndicators used: True Momentum Oscillator Fibonacci Bollinger Band Cluster Consensus Tables The daily AVAXUSDT chart seems primed for a breakout, with lower timeframe charts beginning bullish movement. The TMO is in the oversold lower range with the momentum heating up towards the zero line. Price is hovering around the bottom-most band of the Fib. Bollinger Band cluster, past the 1st, 2nd, and 3rd deviations. Price action is testing upper bounds of a larger trendline, potentially as part of a falling wedge. Wedges of the sort have a tendency to break into inverse head and shoulder patterns, which could lead to a price recovery into the $13.50-14.40 range, provided BTC holds up. Otherwise, a test of the lower trend line is likely.
Long
by LeafAlgo
The point to be supported is...Happy new year! Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) In order to dissipate the rising force, it must rise above 0.008 602 ~ 0.0009 187. -------------------------------------- (AVAXUSDT 1M Chart) The key question is whether the price can sustain its rise above 13.47. If not, it is better to wait until HA-Low is created in the long term. (1W chart) If it continues to decline along the downtrend channel, there is a possibility of a decline to around 6.54, so we need to think about countermeasures. (1D chart) The question is whether it can break out of the downtrend channel by moving sideways around 10.83. If not, a decline to around 7.72 is likely. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
AVAXUSDT: Breakout of Bearish Channeling,Goes Under $12.00 soon?Hello Fellow Global Crypto Investor/Trader, Here's a Technical outlook on Avalanche Coin! Chart Perspective The breakout of the bearish channeling is an indication of a potential bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible downside movement to the target area. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AVAXUSDT" Support the channel by giving us a thumbs up and sharing your opinions in the comment below!
Short
by financialfreedomgoals101
6
Avalanche Analyze (Short term, Timeframe 4H, 12/05/2022)!!! Avalanche was able to reach the resistance zone by zigzag correction. The sign of the end of the zigzag correction is the creation of two Shooting Star Candlestick Patterns in the resistance zone. I expect Avalanche will go down at least until the support zone after breaking the uptrend line. Avalanche Analyze (AVAXUSDT) Timeframe 4h⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
Buying is risky because it is close to the resistance zoneHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) If it is supported and rises in the range of 0.0007 164 to 0.0009 769, it is expected to release the power of the rise. ---------------------------------------- (AVAXUSDT 1W Chart) It is important to be able to rise to the 15.44-20.30 section and be supported. To do that, we need to see if we can get support around 13.47. (1D chart) It's a matter of being supported in the 12.77-13.47 section or higher and being able to rise above 15.44. If not, you should be careful as there is a possibility that you will be forced to move around 6.54. The 15.44-20.30 section is the section that determines the trend, and if it is supported and rises in this section, it is likely to continue the uptrend. That said, the 15.44-20.30 section is a section with strong support and resistance, so be careful buying. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
AVAXUSD Don't get excited until it breaks these levelsAvalanche is having a good stretch in December but we can't lift our hopes yet as it remains below the 1D MA50 . Even if it breaks it, it will still be contained inside the Falling Wedge of June. Our signal to enter AVAXUSD will be when it breaks the 1D MA200 , which is untouched since April 10th. The bullish target will be $30.00. Until this happen, with the RSI pattern looking increasingly like the last 1D MA50 rejection, it is more likely to see the Falling Wedge break downwards and make a new low on the 1.236 Fibonacci at $9.00. Follow us, like the idea and leave a comment below!!
BINANCE:AVAXUSD
by TheCryptagon
🔥EASY MONEY ON AVAX: ENJOY THE CHANNEL TRADING❗ 🔥 Hi friends! Avalance have the special pattern from the very beginning of it's listing on exchange. It trades in the channels more than any other altcoins that I have already seen. It's 5th GLOBAL channel for the last 2 years. 

📊 The trading in channel is very simple. I recommend you to trade it in 3 ways: 🔥 the pullbacks after the test lower/upper boudary of the channel 🔥 the breakout of the channel after 5-6 test 🔥 the false breakout, when the price return inside the channel ✅ These 3 methods is very usefull, especially for beginners. Such trading aproaches don't bring you a millions of $ in 2 month, but it's a big advantages to know how to use it. The most profitable are 1st and 3rd from my trading experience. 🚩 Current situation on crypto market is not clear. BTC make a pullback and possibly will go up, but AVAX squeezing to the lower boundary of the channel which is bearish signal. Friends, as you already know, If BTC go up, all the alctoin follow it. So the same can heppen in this case too. 📊 When BTC will go up, I have such targets for AVAX: 1. $14 - the key level 2. $16-17 - the upper boundary of the channel and local resistance 3. $20 - the key level and local high 🚩 Traders, do you find another channel that I don't marked? Share you screeenshots with the last channel in the comments! Also if you want know more about the channels trading, let me know in the comments or DM. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
by Yuriy_Bishko
3
Avalanche (AVAX) - November 24Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) In order to get the power to rise, it must be supported in the range of 0.0007 164 to 0.0009 769. --------------------------------------- (AVAXUSDT 1W Chart) The 15.44-20.30 interval is the one that determines the trend. Therefore, it is important to be supported by rising to the 15.44-20.30 section. However, the 13.47 point is the volume profile section, and if resistance is received at 13.47, there is a possibility of falling to around 6.54, so you need to think about countermeasures. (1D chart) It will be important if the price can quickly rise above 13.47 and sustain the price. If this is not the case, it may lead to further declines, so cautious trading is required. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
Avalanche (AVAX) - November 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (AVAXBTC 1W Chart) The key is whether the 0.007164-0.009769 zone can support and move up. If the price holds above 0.009187, it is expected to dissipate strength. ----------------------------------------- (AVAXUSDT 1W Chart) The key is whether it can be supported by rising to the 15.44-20.30 section. To do that, we need to see if it can rise above 13.47. (1D chart) The key is whether it can rise above 13.47 and find support. If it doesn't, there is a possibility that it will move towards the 7.72 area, so be careful. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
AVAX wave 5 impulse on the MTF wave stochastic indicatoranother example of how to interpret the waves with the help of the MTF wave indicator. you can see wave 5 starts with MTF being oversold. you mainly need to look at the green curve which then forms a wave up, then diverges at the top with a tap up from gray and blue time frame stochastics, followed by more green stoch wave decline as well as a clear entry for short through that last fakeup . for those who dont know, the fakeup is when gray stoch bounces up alone with a clear gap between it and the blue stoch.
by cryptoheat