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
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Avalanche
Avalanche (AVAX) - April 9Hello?
Dear traders, nice to meet you.
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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?
AVAX/USDT Chart 16/03We found support around 27.5 (twice in the past 4 days).
Since March 10th we were pushed back multiple times (at first around 34.4, then 32.7 and again at 32 and 30.2) forming what may look like a falling triangle.
However, since yesterday there have been signals of reversal in a combination of HHs and HLs. By charting them we see something that looks like a rising channel.
What this could mean if true is that we will see a retest of the lower parallel line, a bounce back and two possible outcomes from here:
+) Bullish scenario, break out of the ascending channel AND falling triangle and retest of the area around 32.6
-) Bearish scenario, with break down from channel and retest on previous support at 27.5
As for the bearish case, it may then unfold in two different ways cause we could find support on the 27.5 once more and bounce back up (Rebound) or fail to hold it and dip even further, maybe around 23.5 (Failed).
What do you think?
[47%] AVAX / USDTAnalysis :
- RSI, MOM, MACD -> bullish
- Fib retracement : - first target : 38.2$
- seconde target : 48$
- Two triangle : white and yellow
What Is Avalanche (AVAX) ?
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.
It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.
Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.
Avalanche breakout - analysis for 17.03AVAX broke out of the two resistance zones in the last few hours. The next major resistance zone is at the price level of ~42.9 - 43$, which is at least a 30% move from here. Current ATH level is located at 60.83$ - 87% price growth from current level. So, to the point - why we can see upside price moves?
- Big breakout through crucial price levels
- Many significant events planned for March by Avalanche team (List of them is below)
- Recent retest of the trendline which we're respecting from the start of January
- Constantly growing volume from the last 2 days
Besides all of that, AVAX is a really solid project which has a lot of potential if properly managed in the future.
Potential bearish scenario would be a break below the current biggest trendline - then we can see a move to the 23.8 - 22$ level, which is very unlikely to happen.
AVAX/BZRX Partnership
Staking & NFT Support
European Stablecoins (CHF and EUR confirmed)
Trust Swap Integration
Frontier Integration
Velox Integration
DSLA Protocol Integration
You can read about them more at the coinmarketcal. Happy trading!
(As always - not a financial advice)
Avalanche [AVAX] support & outcomesHi everyone,
Avalanche is currently in a consolidation phase and is forming an important formation with higher lows. When AVAX can realize a strong enough bounce with it's support line within the ascending traingle formation and AVAX manages to move above the upper-boundary we can complete a bullsh triangle break-out. A combination of good volume and right price action is needed to confirm this.
Based on the chart in combination with high value partnerships that have been made past weeks (e.g. SushiSwap, Cartesi, TrustSwap,...) , i guess AVAX will continue to grow.
In case we fall below the lower grey trendline that acts as support, above set-up will be invald
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This is not financial advice