avaxHas managed to defeat its ascending channel midline
At the same time, it has broken its price ceiling and recently hit that pullback
The trading volume in the last three months has been excellent
If the RSI resistance (70) breaks, it can grow by another 50%
It is important to keep the midline price high
It has a good future ...
Avalanche
🔥 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!
AVAX tests new all-time high at $85.77 on the hourly chartAvalanche price analysis is bullish today.
AVAX/USD found support at $80/
AVAX is ready to move higher again after testing new all time high.
The $73.5 mark was a barrier to more downside yesterday, resulting in sluggish trading this morning above the support. We will most likely observe AVAX/USD rise today, with $86 as the price level to breach.
AVAX - 40%-60% GAINS COMING AFTER DROP?Hello everyone. I've been an AVAX fan for a while now and if you're like me, you're waiting for the next BREAKOUT!
Given BTC's current position looking very likely for a SHARP DROP, I think AVAX and the rest of the market will likely follow. The question is CAN AVAX BOUNCE off the ema ribbon and IF SO, HOW HIGH?
Either way I think AVAX will be met with resistance which could result in a better LONG ENTRY/BUYING OPPORTUNITY at around the $58-$60 area.
I Personally think there's a 50/50 chance we can go a little higher before the bigger pullback to the "buying area" ($58-$60)
It is a little bit speculation but I DO feel like it has an alright chance of heading to that area for a bounce at some point!
What would INVALIDATE THIS is if AVAX pumps above the red "potential neckline" drawn on the chart and HOLDS ABOVE or SLOWLY curves back upwards above it.
***This is just my IDEA and OPINION based off of my experience doing Technical Analysis and Trading. Always do your own research before investing or trading***
Link to UPCOMING BTC SHARP DROP BELOW.
Feel free to LIKE, COMMENT, FOLLOW, and SHARE. I appreciate all of it.
AVAX hits an all-time high at $79The Avalanche price analysis shows the coin is at an all-time high of $79 as the bullish progression still continues. Yesterday the AVAX/USD price capped at $75.5, just a dollar below the previous all-time high of $76.5, but today bulls took the price further high to a new record high level, and we hope that the bulls will maintain the upside today, marking a record high. The price was seen going as high as $81.2 at one point but reverted back and is still present above $79.
Avalanche AVAXUSDT - Ascending channel + very bullish coin!- Avalanche AVAX Rank #13 Coin on coinmarketcap.
- The price is above the All Time High level, which is of course very bullish!
- We have a huge parallel channel, which can serve as a resistance on the top of the channel.
- Profit target is top of the channel.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- RSI is prepared for the pump!
AVALANCHE - Almost 10x in 3 months 🤩👏We have covered this before and we will keep covering it until it hits the 100$ mark (and why not the 117$).
We had previously called AVALANCHE 'Our Spot Queen for the Season 🥨🥂'
Charts don't lie and for us a breakout is when we enter (or enter stronger); thus we had informed you at the very time of the break-out here :
AVALANCHE has been growing nicely, almost parabolically.
Solid Tech, robust tokenomics and a visionary founder. It can overtake some of the Tokens/coins that have stopped growing, like XRP and DOGE.
IT'S STRENGTH IS IT'S COMMUNITY- GROWING ORGANICALLY!
News:
Avalanche Developers and Investors Form $200M ‘Blizzard’ Investment Fund
The early-stage investment firm and incubator will be operated by former Ava Labs and Avalanche Foundation staff.
One Love,
the FXPROFESSOR
Cup & Handle Confirmed $350 to $550 Target!Possible Blowoff $800Cup and handle played out perfectly and AVAX is about to go on a tear. Indicators are all trending up with strength. This is a strong and powerful chart, and the blowoff top on this one may actually hit $700-$800 depending on how high bitcoin goes. Its a strong probability that my $350-$550 prediction is a modest and conservative number and we probably will see a blowoff of about $800 by mid January 2022. Good luck everyone and please let me know what you think. Follow me as well for updates. Thank you. Not financial advice just my opinion.
Bullish drive launches price above $66.54 levelThe latest Avalanche price analysis is showing signs of an upward trend as the price has undergone a significant increase in the last 24-hours. The bullish upswing has resulted in a remarkable improvement in the price as its value has upgraded to $66.54. Although the price experienced a downfall at certain points as well, overall the market has been ruled by the bulls. The price might surpass even higher levels in the approaching hours as well.
AVAX flag pattern#AVAXUSDT
$AVAX is trading inside a descending parallel channel, and price hold above middle line after yesterday drop, that touched EMA50. also here is an ascending support line that price have to stay above it for more up trend. this channel can act as flag pattern that is a continuation pattern.
if price hold the support and head up to break the upper line of channel $85 will be the target.