the price has retraced since the last swing high around 2$ of the last days
AVA now needs to fix above the 0.32 fibonacci level around 1.46 with some good 4h candle closures and we can consider some good long positions
the price is currently rallying because of the rsi divergence which formed at the end of the last downtrend, and we now need some confirmation of...
Fundamental Analysis:
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not...
Quick update on an idea that I published back on Feb 25 (see: "FOLLOW THE RAINBOW).
As you can see, price has generally been trending as we expected over the last few weeks, and we are beginning to get very close to the "lift-off zone", designated in purple.
Buckle up and hold on tight.
Travala was in downtrend for more than 5 months. It just breakout and did retest.
Chart looks amazing, it's gonna wild!
TP1 : 2.66
TP2 : 3.18
Always do your own reseacrh and use stop loss. This is not a financial advice.
The price completes the correction of the main trend.
The resistance had a rebound and the price is already going down.
Movement is possible until support.
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Note: i think Number 1 is right cuz number 2 not logical
But The trend is determined if two consecutive candles are closed inside the movement triangle 1 or 2
What do you think about AVA Future ?
It would be a pleasure to share your...
hey traders, there is AVA, we need a close above the blue line for 1D bar to get the green line (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
DON'T ENTER BEFORE THE CLOSING!!
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trade carefully guys and don't forget the risk management.
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