Get started

Avalanche

🔥 AVAX All Targets Hit: Bullish ChannelAround a week ago I made an analysis on AVAX. In that analysis I targeted $90 and $100 as a result of a pennant break out pattern. As of today, $100 has been hit, Congratulations if you took the trade. Since AVAX's is currently vastly outperforming a good majority of other crypto's, I don't see the trend ending anytime soon. However, I'm expecting the top trend line of the channel on the chart to offer strong resistance. Most noteworthy support at $80. So for now, I'm putting my bet on AVAX continuing this channel pattern in the near future. At the earliest this token will go bearish after hitting the channel top. Assuming BTC stays relatively stable. Happy trading!
Long
by FieryTrading
9
$COMP/USDT 12h (Binance Futures) Falling wedge breakout & retestCompound just regained 50MA support and looks ready to push higher towards 200MA resistance, let's not miss next dip! Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run. That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on compound.finance Current Price= 348.23 Buy Entry = 343.23 - 331.29 Take Profit= 384.87 | 437.98 | 491.78 Stop Loss= 305.42 Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85 Expected Profit= +28.24% | +59.72% | +91.64% Possible Loss= -18.88% Fib. Retracement= 0.5 | 0.702 | 0.883 Margin Leverage= 2x Estimated Gain-time= 1.5 months
Long
by TradingOn
2
AVAX/USD - ATH @ $99.90. Time to be careful! 🙄AVAX has been in a clear bullish trend for some time and has set a new all-time high today at just under $100. However, so far, the bullish momentum wasn’t able to surpass the milestone level, and today’s candle might end up with a long wick to the upside. The critical resistance level lies at the $100 – $102 range. If bulls fail to close above the resistance, we can expect a retracement to the key support level around $78. Trading Volume: Volume was high (bullish) on this last leg higher; however, it is still lower than the volume recorded in September. A decreasing amount of volume in an uptrend is a possible sign of trend weakening. RSI: The RSI has seen a large bearish divergence. Each higher-high on price was followed by a lower high on the RSI, ranging from August to November. If this divergence plays out, then AVAX may enter a significant correction. MACD: The MACD on the daily timeframe is bullish at the time of this writing, but similarly to the RSI, the MACD histogram shows signs of a bearish divergence. Watch closer if the MACD goes through a bearish cross on its moving averages. The bias for AVAX is bullish right now, however, if support fails to hold, it can quickly turn short-term bearish. While today’s 3-digit all-time high gives an excellent reason to celebrate for Avalanche holders, the strength of the last leg pales in comparison to the past. This is sufficient reason for extra cautious watching the price action and the daily and weekly candle. Following a major rally, AVAX might need to breathe some air and retest the critical support at $78 before attempting to break $100.
by DU09
3
AVALANCHE - 100$ 🗸🍊 AVAX has done GREAT for us. We had called it our 'Spot Queen for the Season' with a target of 100$ and it became a reality very fast: We know a breakout when we see it and when Fundamentals agree it's sometimes easier to more than double in 90 days than it is to do so in months: what a fantastic example this has been. Once again: Blazingly Fast, Low Cost, & Eco-Friendly. Solid Tech, robust tokenomics and a visionary founder. It can easily overtake some of the Tokens/coins that have stopped growing, like Polkadot, XRP and DOGE. Not as fast as Solana, not as decentralized as Cardano , not as profitable as Ethereum but the parabolic growth should grow. The AVALANCHe community is fanatic with AVAX and the growth seems more organic and healthy than the competition. TECHNICALLY: Time to take some profits and wait for a new entry. Price might need to ,ose some steam and test support at 83$ before going higher. It's been fun, yes. One Love, the FXPROFESSOR
Long
by FX_Professor
3
Avalanche bulding great eco system to the crypto spaceAvalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. Unlike proof-of-work or proof-of-stake, the Avalanche consensus mechanism does not have one leader processing transactions that get validated by others. Instead, all nodes process and validate transactions by employing a directed acyclic graph (DAG) protocol. Rank #13 Coin On 392,686 watchlists Avalanche Price (AVAX) $95.48 11.04% 0.001476 BTC9.52% 0.02063 ETH11.28%
by doqstrader
$BZRX/BTC 3D (Binance Spot) Big falling wedge breakoutbZx Protocol just regained 50MA support and looks great for extra bullish continuation mid-term! More information about that DeFi / BSC token also part of Avalanche Ecosystem on bzx.network Current Price= 0.00000709 Buy Entry= 0.00000709 - 0.00000641 Take Profit= 0.00001059 | 0.00001451 | 0.00001909 Stop Loss= 0.00000483 Risk/Reward= 1:2 | 1:4.04 | 1:6.43 Expected Profit= +56.89% | +114.96% | +182.81% Possible Loss= -28.44% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin Leverage= 1x Estimated Gain-time= 5 months
BLong
by TradingOn
We expect AVAX to continue hiking for the next 24 hoursThe $83.5 level was a barrier to further downside yesterday, resulting in sluggish trading today above the support. We will almost certainly observe AVAX go past the $90 level in the coming days. AVAX/USD is trading at $93.4 with a gain of 10.6%. The pair has been generally rising since it broke past its support but is still below the previous high of $102.7 as it finds resistance at $94. It seems that the bearish market we saw for the past few weeks is over. AVAX is at a pivotal moment right now – it could reach up to $100 within the next couple of days if it keeps going this way.
EIGHTCAP:AVAXUSDLong
by Misty43922
AVAXUSDT 1DHi everyone The uptrend is likely to continue, but it is likely that the price will retreat to the daily demand area, which ranges from $ 72.06 to $ 81.23, and this move will allow cows to resume the uptrend In that case, the price could be as high as $ 100. It is also possible that the bulls may continue to rise sharply, during which cows could reach the final target of $ 130 On the other hand, if the price can not be maintained above the level of $ 72.06, this indicates the weakness of buyers, and with the closing of the daily candle below it, the uptrend scenario will be nullified In this case, it is likely to be reduced to the $ 60 support level Good luck
by shayanfb
1
AVAX - INV-H&S TARGET HIT! WHATS NEXT?Hey everyone. AVAX had a nice Inverse H&S followed by a retest of the neck line and bounce. That's EXACTLY what I like to see in a H&S pattern. The question now is CAN WE GO HIGHER before a little consolidation. AVAX does look pretty strong. I pulled up a fib retracement to get some ideas of what to look for IF there is a slight pullback. There MAY NOT be one In which case I expect AVAX to HIT the $100 - $105 mark. If it does retrace here, I THINK it would likely bounce off the .786 or .618 level ... It looks strong so a bounce off of the .786 would lead to a more immediate continuation to the upside. A .618 bounce could result in a bull flag and then continuation upwards. Any type of 4HR close below the .618 would likely lead to a slower consolidation. I think this is just the start for AVAX and It should continue to do well this bull market. I will update this IDEA as I do the others. When I first put out an AVAX chart it was around $59 (link below) . We've gained over 50% since then! I do believe there will be much more upside to come this bull market as I REALLY LIKE the Fundamentals of this coin. It's not too late to get in... I would wait for a correction though. and we'll have a better IDEA of a potential LOW RISK entry! If you like this IDEA please LIKE, FOLLOW, and SHARE. I appreciate it and It helps me achieve my goal of helping others by providing realistic market analysis. Hope everyone is doing well. DON'T FORGET to TAKE PROFITS. You never actually GAIN MONEY until you take profits. ** As always, This is NOT financial advice. This is just an IDEA based off of my experience trading and studying cryptocurrencies. I always recommend doing your own research before investing or trading anything.** Take care.
by Mboersma0324
1