After a long-rally, a correction is indispensable to BINANCE:AVAXUSDT .
AVAX need to accumulate around $90 before it will be a missile.
AVAX has the strong support at $80 which is the previous ATH (the 3rd wave).
I think AVAX will pass and bounce over immediately the support at $80.
Let's wait and see
Avalanche surprised everyone this past week with a significant rally that topped at a new all-time high at $147. However, ever since then, AVAX has corrected, and today’s candle took price all the way back to $100.
Moreover, AVAX also completed a bearish cross on the daily MACD today. If it closes the day like this, then this is a major warning sign that lower...
Avalanche price analysis is bullish today.
AVAX/USD has lost 20 percent since yesterday.
Further downside currently rejected above $110.
Avalanche price analysis is bullish today as we saw rejection for further downside over the last hours after a spike to the $110 mark. Therefore, AVAX/USD is ready to recover some of the loss over the next 24 hours.
Went long on AVAX here. I think AVAX is ready for another leg and may revisit as it approaches the supply zone there aroun $132-$142. I think more stimulus may make crypto end of year push to new highs, but time will tell. In the mean time I'm long AVAX here. First targets $119, $130, $134. Note that it could be forming an inverse head and shoulders here, need a...
A while ago I made an analysis on AVAX and the bullish channel it was trading in.
After hitting the $150 area, AVAX saw two days of strong losses, which was to be expected after seeing a 2.5x in a matter of a few weeks.
As of today, it seems that there's a...
Recently I made an analysis on AVAX and the bullish channel it was trading in. In this analysis I wrote that it was likely that AVAX was going to follow this channel in the near term, which is exactly what it ended up doing, seeing some crazy returns in the process.
We might see crazy increase in demand in AVAX c chain!
A lot people trading AVAX FOR TIME to stake in WONDERLAND.money.
I gotta be honest I did it myself I grabbed some sheared at 114$.
Just invest what you can afford to loss. It could be a scam!
End posting quote:
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE...
a further dive into low cap gem Benqi, a defi platform running on Avalanche (which is a very trendy coin right now and thus infrastructure coins on AVAX will follow) with a market cap of just 180 million usd. As we can see from the price action it has been in an accumulation phase since late August and consolidated beautifully in the lower order block. (brown) It...
You had been warned!
We called AVAX our 'Spot Queen for the Season'
AVALANCHE - Our Spot Queen for the Season 🥨🥂
We know a proper breakout when we see it and first posted when it was 30$, just on time for some great trades:
Our AVALANCHE AVAX Chart 📊
Please keep in mind that we see 117$ as a good price to take profits..partially
$avax #avalanche wouldn't be a bad idea to start scaling in here.
Strong Volume at the tag of 20 MA and Super Trend. Multiple touch points on this parabolic curve that offered as support. .382 fib level support.
Stop would be at 109.
DYOR and GL!
Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
AVAX pumped while most of the market tanked. This is a show of strength!
While we have still not passed the all important resistance, we have made a new all-time high! This is bullish. If AVAX can pass this resistance and make it support we will go much higher.
Indicators are also curving back up and volume looks healthy here. Looks promising and bias is...
AVAX has done the impulse wave at $146 with golden ratio 1.618 Fib from the 4th wave.
Next, AVAX will pull back to around $90 for the wave A then it's going up to $110 and going down to $60 finally.
Time will tell.
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Around a week ago I made an analysis on AVAX. In that analysis I targeted $90 and $100 as a result of a pennant break out pattern. As of today, $100 has been hit, Congratulations if you took the trade.
Since AVAX's is currently vastly outperforming a good majority of other crypto's, I don't see the trend ending anytime soon. However, I'm expecting the top trend...
- Avalanche AVAX Rank #13 Coin on coinmarketcap.
- The price is above the All Time High level, which is of course very bullish!
- We have a huge parallel channel, which can serve as a resistance on the top of the channel.
- Profit target is top of the channel.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to...
Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( A VAXUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2 , and at this time it is moving on microwave 5 of microwave 1 of Main wave 3 .