Avalanche
Trustswap $SWAP close up mid term targetFundamental reasons:
1. Avalanche network partnership with Trustswap as trusted benchmark crypto incubator on their network. Launching by April 25.
2. last week, Coinmarketcap approach Trustswap to add as a 1# lauchpad category and their launchpad list.
3. They have just spent ton of money for popular crypto youtuber to covering Trustswap in the next 2-4weeks. A lot of coverage on youtube channel. DYOR on their youtube AMA session.
4 by this April, There are 3 farming pools, 2 more flashlauch & 2 more lauchpad. more farming pool=more SWAP will be out from circulation=see what happen to pancakeswap.
5. according to their medium article, "Mint/smartlauch" will be the first easiest smartcontract tooling to create cryptocurrency/token that is fully audited, fully secure anti rug pull, fully transparent tokenomic, easy to use, fully customizable features aka use cases, no coding knowledge required, but $SWAP is absolutely required. well, let we see by April 29
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
$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.
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
🌜 If you enjoy this idea, please like and leave a comment 🌜
This is not financial advice
Money AvalancheGuys, it's pumpseason and I would say that the another ❄️ Avalanche ❄️ has been triggered!
AVAX already broke up this triangle and backtested it's upper edge so I think there is chance for run to 68 and even more. I bought @ 32.87, just publishing bit late, but it can still drop to this level again anytime.
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL)
RRR : 6.6
INVALIDATION : when SL level hit
Like & Enjoy!
Avalanche (AVAX) - April 9Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
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You should watch for any movement that deviates from the 28.79786959-37.43183748 segment.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls, you need to touch the downtrend line and see if it can rise.
If you fall at 20.16390170, you need Stop Loss to preserve your profit or loss.
The next volatility period is around April 13th.
If the CCI line rises more than 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
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(AVAXBTC 1D chart)
47332 Satoshi-65986 We must watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can rise above the 55938 Satoshi point.
40744 If you fall at Satoshi, you need Stop Loss to preserve profit and loss.
It remains to be seen if the CCI-RC indicator rises by more than 100 points, causing volatility to break above the 65986 Satoshi point.
(1W chart)
40744 Satoshi-48928 Satoshi is expected to continue the upward trend if it is supported above.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
AVAX: An Avalanche of ProfitsSigns are promising: A positive cross between MA30 & MA50, a positive cross in the MACD indicator, and RSI looks bullish!
The only concern of mine is that the resistance line of the channel has been tested once seriously! Let's monitor the price action and see whether we will break it soon or not!
Mid-term the TP of 90, you may call me crazy, is attainable!
AVAX is ready to an uptrendHi
✔AVAX is forming an uptrend ✔
IF breakout and Consolidation over the 33.7$ We can expect the next targets : 37-39-42-46👆
⛔For this position, the maximum SL will be 23.30$ or 2% from your account⛔
the 37.5 is a powerfull resistantce♣
If do not succeed in defeating this price
There is a possibility that the price will fall to 28$ and 26$
⛔⛔🛑🛑🛑🛑🛑🛑🛑🛑🛑🛑🛑⛔⛔⛔
and please join to my telegram channel for mor profit and future SIGNALS :
@sfecrypto
and share this with your frends :)
Tanks.
AVAXUSDT Ready To Moon 🚀🚀🚀Avalanche has been making steady movement since the last 80% correction
Lots of development for AVAX this week , watch out
Resistance visible at near $30.6599 . It will break it soon on the next move up
Ascending bull trend line looking good for AVAX
Solid support at near $27, $26 . But it won't be needed for now as Avalanche is about to Moon
Entry at near $25.4617 I see it getting to $60 in this trend.
I have filled my spot bag already before take off
BTC must remain a good lad for this idea!
Good luck!!
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We have lost our upward curve.Our deep support is located in the 61% Fibonacci level area. On the number $ 29.57. It would be great if we could keep ourselves on the 20-day moving average. And on our way up, the $ 32.39 level is our first resistance level we have to cross. We have exciting days ahead.
Update Buy Zone 2 Avalanche (Avax) 63%+ Gain to ATHUpdate 21/03/21 Buy Zone 2 Avalanche (Avax) 63%+ Gain to ATH, perfect sniper entry back to ATH from current price level. We May not see this price again, DCA and accumulate from this Buy Zone 2.
Update 10/03/21 on Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA
Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 90% gain from current price level back to ATH price level! Bulls back in the market!
Avalanche (Avax) Buy Opportunity 90%+ Gain Triple Bottom Formed, Stochastics on the Weekly still showing a buyers market with a strong bullish sentiment short-midterm. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just above the 200 SMA signalling bullish sentiment but a possible test back to the 200 SMA and a break below this level would signal a strong signs of a some retracement or consolidation short-term. A trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 90%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70.
Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :)
Key Notes on this project:
Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem.
Capped Supply
An important characteristic of a store of value is scarcity. Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million, creating scarcity. 360 Million tokens were minted at launch (with the vast majority locked up in vesting periods between 1 and 10 years) whilst the other 360 million are used for rewards for staking. As with Bitcoin , reward rates will decrease over time as it gets closer to the capped supply (although at a much smoother rate rather than infrequent halvings).
AVAX TAKING OFF TO THE MOON AVAX
AvaLabs is setting up for a massive run ! Magnificent chart on the daily !
On the way of forming a cup & handle following an cycle of 45 days ish
For quick profit I would set my target between 44 and 47.
Once a small resistance will establish at fib .786, we would be set for a splash, up to the previous ATH 60$
In my opinion with an Avalanche being in important actor in the DeFi ecosystem and some upcoming good news for Q2, I would see $AVAX value rise up to at least 90$ before mid-may
As I mainly DCA in project with such high value potential, I am waiting for the price to meet me at fib 0.5 (approx 32-34$)
Would send a strong message to the bears if we could close on the 0.618 line !
Dont think we would ever see the solid support of 22$ unless big crash happens.
Cheers
AVAX/USDT Chart 18/03The Bullish scenario played out as expected (if you want you can take a look at my previous analysis), as we managed to break out at 32.6, then AVAX went back to retest the area around 31 and apparently found support there.
After that, it rose up again, broke past 32.6 once more and after some fluctuations it looks like it managed to turn it into a new support.
The next target is at 34.4 and breaking past it would be a sign that AVAX may have found new strength to aim for higher highs above the 40 area.
I also drew an arc projection (in purple) to check on the possible trajectory for this next uptrend. It looks like AVAX is forming a good looking cup which may bring it to retest the previous ATH around 60.2.
Some interesting areas I found (mainly through Fib retracements and previous interesting levels on the chart) are at 42, 44.4 and 54.7, what values are you guys watching?