Scenario casting #Avalanche versus #Ethereum as we go forward into 2024 The blast off from the lows has to be respected and is a significant show of strength and shames other blockchains price performance these past few weeks I'm looking at you #Algorand & #HBAR
Avalanche broke up this triangle📐 and I think there is chance for run to 19.43 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 17.34 STOPLOSS (SL) : local low @ 16.06 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 19.43 REWARD RISK RATIO...
think all markets are essentially topped, so looking for best shorts. avax looks like it's at heavy resistance here vs eth. think it's likely the better short. should drop ~10% vs eth.
think $avax will outpeform $eth here again on this next leg. great bull divs formed on 4h. last usd leg up $avax was the stronger long and better short on the way back down. volatility has been insane with this pair if you can play the swings right. steady lads.
17% to the top of the range downtrend breakout 7 rejections of that downtrend line 8th time looks good for a clean breakout and reversal of trend see how we go
$AVAX is very bullish against each pair (BTC, ETH, BNB, USD) and is currently trading above the TWAP on the 1D and 7H timeframes. I would expect a bullish run from here for the $AVAX pairs and some nice gains to be seen based on the current PA (Consistently making higher lows and higher highs on each time frame as well as a large higher low on the Daily...
Hello everybody According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone. In here exactly first support zone was activated exactly. We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is...