Avaxlong
Avalanche analysis, will AVAX continue the bull run ?* AVAX is still in uptrend respecting the below major trend-line as support and the above descending trend-line is working as resistance for the price.
* Every time the price get's rejected from the above resistance it gains support around $58-$57
* If the price breaks the above resistance we can expect a bullish move till $79.5
Avalanche (AVAX) is about to brake out!!!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 compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
According to my view It can be depicted cup & Handle pattern, now it's performing handle, If it can be break out upward my first technical target is $ 170 and then it will hit $ 225.
Thank You !
#DoYourOwnResearch#
#IamNotaFinancialAdvisor#
AVAX Bullish Momentum Continues - Approaching $76Hello Traders!
Avalanche is also the part of current bullish momentum of the Crypto market. Currently trading around $70 which is just above the recent strong support zone. More likely it is up right from here as the price is continuously getting long wicks rejection and showing intention of the traders.
So I believe we should stay in buy and find AVAX long traders a earliest to cash this move. To me, we should buy it between $70 and $69.
Good luck.
Happy trading!
$AVAX$AVAX is looking promising! If we use the past as our reference we see $AVAX started off breaking out of what could have been a cup and handle, then a consolidation period right back into another cup and handle and we are at the breakout point now. If the market changes direction the project will easily double from here and continue in my belief to about $300+/-.
Remember investing involves doing your own research. Never invest blindly. THIS IS NOT FINANCIAL ADVICE!
$100 AVAX? AVAX HAS JUICE FOR 1 MORE PUSHA quick analysis of AVAX. I do think $100 AREA is reachable here!(could be just under. Don't put your targets too high)
What do you guys think?
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Is AVAX another SOL in the works? L1 solutions saw crazy gains this week despite the rest of the markets taking a dump. We picked out AVAX as a potential contender to SOL and LUNA and a similar move could happen for this pair.
BULL CASE
It looks ready to move up from here. Our price target for this pair is around the 230 level
BEAR CASE
If price takes farther dump, we see $20 as a strong area of support.
AVAX the next big thing ? touches all time high ? what next ?Hi, I have seen a lot of you was asking about the AVAX avalanche you can say,
It surprises everyone with a growth of 400-500% in a month.
As it touches ATH and gaining the attention of masses and have a probability of going to 150+ in coming months, because of strong volume and protocols
So if you get a chance which will you get eventually buy it around 38-40 and hold it until it gets around 100+ which give you 100X profit and it shows his potential during last month, if it goes down buy it around 30 as well and hold it, it will be best scenario if it goes to around 30 but first, you have to see the bull reactions at 38-40 range and volume indication will clear the directions but you to buy in part at every situation
If it goes to my level I will definitely buy it
AVAXUSDT - AVAXBTC - AVAX LONG ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events