Crypto2AF

AVAX/BTC - Avalanche: Failure Swing

BINANCE:AVAXBTC   AVAX / Bitcoin
◳◱ On the $AVAX/ BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.0003463 | 0.0003632 | 0.0004041 and support near 0.0003054 | 0.0002814 | 0.0002405. Entering trades at 0.0003526 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Avalanche
▣ Rank: 21
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Avalanche is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, scalable ecosystem. Developers who build on Avalanche can create applications and custom blockchain networks with complex rulesets or build on existing private or public subnets.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.0003526 ₿
▣ 24HVol: 60.761 ₿
▣ 24H Chng: 1.322%
▣ 7-Days Chng: 9.05%
▣ 1-Month Chng: 16.39%
▣ 3-Months Chng: -0.42%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0003463 | 0.0003632 | 0.0004041
◢ Support: 0.0003054 | 0.0002814 | 0.0002405

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 4.42
▣ Last 90D: 0.28
▣ Last 1-Y: -0.18
▣ Last 3-Y: 0.97
◲◰ Volatility:
▣ Last 30D: 0.62
▣ Last 90D: 0.53
▣ Last 1-Y: 0.78
▣ Last 3-Y: 1.33

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.22 - V. Bearish

▣ In-depth AVAXBTC technical analysis on Tradingview TA page


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