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Avalanche

🔥 AVAX Rising Wedge: Potential Bearish Move AheadIn my last AVAX analysis I discussed the possibility of a rising wedge being formed. Rising wedges are, classically speaking, bearish reversal patterns. As it seems now, AVAX has indeed bounced off the top trend line of the wedge and made its way down. This morning's pump made AVAX bounce off the lower trend line again, but it remains to be seen if AVAX can maintain this bullish price action. In case of a bearish break out, I'm looking at the area between $55 and $47.5 for both potential bearish targets and a moment to step in the market again and time the bottom. Happy trading
by FieryTrading
12
AVAXUSDT (Avalanche) - Coin of the WeekAvalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Avalanche launched on mainnet, September 21, 2020. Since then, the platform has grown to secure over 200+ individual projects, $14M+ of AVAX burned (reducing supply), 1,000+ individual block-producing validators, and over 600k+ community members around the globe. AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche. Technically, we are in a consolidation phase for this crypto that will probably fuel the next move to the upside. We give a higher probability for a move to the upside after the orange trendline is broken. The price may correct until it reaches the blue trendline and reverse after that so we will have to study the price action carefully to decide when the momentum is on our side. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
5
Avalanche AVAXUSDT - New ALL TIME HIGH! Very bullish coin!- Avalanche AVAX Rank #11 Coin on coinmarketcap. - The price is above the All Time High level, which is of course very bullish. - We have a huge parallel channel, can serve as a resistance on the top. - 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"!
Long
by UnknownUnicorn2537518
12
🔥 AVAX Bearish Wedge: Potential Strong Bearish MoveAVAX is currently seeing a strong rebound from the lower trend line of the pennant. With the markets currently in turmoil, there's a decent chance for AVAX (and crypto in general) to see a stronger bearish move in the near future. Furthermore, AVAX appears to be trading in a bearish wedge pattern. We could go for a re-test of the top trend line, or start falling shortly. This will depend on the overall market. Main bearish targets are $47.5 and $40. Ideally, wait for the pennant to break on the lower side. Happy trading!
by FieryTrading
10
AVALANCHE (AVAX) potential GEM for my first followersI've been interested in AVAX for a while now along with some other newer cryptocurrencies and I think there is potential for 14% gains short term and a very nice 44% trade around OCTOBER (dont forget, IF THE IDEA IS STILL VALID) This is one worth watching and researching more. Theres a POTENTIAL Elliot Impulse Wave scenario playing out here IF THE PATTERN REMAINS VALID... I'll update this with some confirmation numbers and numbers to look out for soon. Targets would match up with fibonacci retracement levels on DAILY and higher time frames. Also, WEEKLY RSI (I think shows more in this situation) shows potential for big gains if the upward momentum can continue.
Long
by Mboersma0324
4
AVALANCHE - Our Spot Queen for the Season 🥨🥂Xmas is coming sooner than we think. London tends to turn Xmas decorations in early November but we, here at FXPROFESSOR we start our planning from mid-September! All i want for Xmas is to see AVALANCHE over 100 because that will be my shopping budget..that's the plan at least. ps. even if cryptos go to zero there will be happy faces in this house, make sure you save first and then invest... what you can afford to 'lose' Come on AVALANCHE..100$ is easy for you, you can do it. oh and some more AWESOME NEWS! the FXPROFESSOR
Long
by FX_Professor
5
🆓Avalanche (AVAX) Sep-14 #AVAX $AVAXThe buying force still exists at 50$ zone and if it doesn't lose this zone, AVAX could move up to 64$, 78$ and 100$ in this September and early October. But if it loses the 50$ zone, AVAX will move down to 40$ or even 32$ zone 📈BUY 🔴Buy : 48.8-51.2$. SL if B 🔴Buy : 62.5-65.5$ if A. SL if B 📉SELL 🔴Sell : 62.5-65.5$. SL if A 🔴Sell : 76-80$. SL if A 🔴Sell : 97.5-102.5$. SL if A ♻️BACK-UP 🔵Sell : 48.8-51.2$ if B. SL if A 🔵Buy : 39-41$ if A. SL if B 🔵Buy : 31.2-32.8$. SL if B ❓Details 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation
3
AVAX loading up for move!Here's a quick look at AVAX 1 hr chart. As we can see, the price has printed a falling wedge and we could see a break to the upside soon. The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone 1. 58$ 2. 60.5$ 3. 64.5$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6
$FXS/BTC 4h (Binance Spot) Bull-pennant breakoutFrax Share broke out bullish locally and looks ready for another leg-up that pull-back. FXS is not only a DeFi token but also a member of the Avalanche Ecosystem! It works as a governance for the Frax Protocol, which is the first fractional-algorithmic stablecoin system (FRAX). Current Price= 0.00012369 Buy Entry= 0.00012395 - 0.00011715 Take Profit= 0.00014456 | 0.00015810 | 0.00018294 Stop Loss= 0.00010275 Risk/Reward= 1:1.35 | 1:2.11 | 1:3.51 Expected Profit= +19.92% | +31.15% | +51.75% Possible Loss= -14.77% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x Estimated Gain-time= 2 weeks
FLong
by TradingOn