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AVAXUSD

Avalanche [AVAX] Pennant formationHi everyone, It looks like Avalanche is currently trading with a triangle formation. The main bullish trend we are looking at is likely to continue We are still waiting a solid breakout that can be confirmed with the right price action and volume . After breakout, potential resistance can be found near the fib. cluster setup as highlighted in the chart. Breaking this resistance could lead to a ATH retest 🌜 If you enjoy this idea, please like and leave a comment 🌜
by M00N_BEAMS
7
Avalanche (AVAX) - May 10Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AVAXUSD 1W chart) (1D chart) We have to see if we can get support at 37.43183748 and rise above 41.74882117 In particular, it remains to be seen if it can rise along the uptrend line. If you fall from the 37.43183748 point, you can touch the 28.79756959 point, so you need to trade carefully. In particular, if you fall below the downtrend line, you need short-term Stop Loss. If it falls in the 22.98021754-24.00621060 section, a Stop Loss is required to preserve profit and loss. It remains to be seen if the CCI line can rise above 100 points on the CCI-RC indicator to maintain the uptrend. ------------------------------------- (AVAXBTC 1W chart) (1D chart) We have to see if we can go up along the uptrend line. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** 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: Market price at the time of opening (Example) Gap (G1-G2)
BINANCE:AVAXUSD
by readCrypto
2
Avalanche [AVAX] Preparing for HUGE potential pumpHi everyone, Looking at the Daily chart, we can see that AVAX is preparing itself for a nice breakout. At this moment the relevant price action and volume look promising. I remain very bullish on this strong project! Strong fundamentals: > Apricot Phase-two implementation > FAST-growing smart contracts platform > Avalaunch (XAVA) launch > Spore Finance integration > 930+ validators 🌜 If you enjoy this idea, please like and leave a comment 🌜
by M00N_BEAMS
6
AVAX/USDT can reach It's ATH once again!Hi every one AVAX/USDT AVAX/USDT has formed a falling wedge which is a good bullish pattern! the price can reach the top of the wedge but only after price breaks this pattern! we shall see will it happen or not! If the break out happens and the price would increase to the top of the wedge ,the ATH price can be reached once again! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
21
[48%] AVAX/USDTAvalanche 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.
Long
by HolderYoda