Avalanche is bullish on both pairings we track, AVAXUSDT and AVAXBTC.
You can find the full trade signal for AVAXUSDT below:
Avalanche Trade Signal (160%+ Potential Target)
AVAXBTC Chart Signals
- Bottom pattern.
- Trading above EMA21.
- Bullish RSI.
- Bitcoin stable above 20K.
- Altcoins market going bullish.
These are just a few signals supporting...
One of the best trading pattern, that you'll find in every market, are triangles. They are amazing because of a few key benefits:
Very easy to spot.
Clear way to measure them.
They are continuation patterns, so you're not fighting against a trend.
They are easy to indicate brakes or fakeouts.
This is a great article about them:...
Price action on AVAX-BTC has been moving as expected (see related idea). Price needs to either hold here at the 50 EMA, or find support at the Channel Support line. I'm not seeing any particular weakness in the trend, so I'm considering a small long in this price range. I'm waiting for bullish divergence or seller exhaustion on the 4-hour chart to enter....
Price action is between the yellow horizontal line and grey trend line.
breaking the yellow horizontal line would mean a new ath for avax/btc.
place your stop loss below the grey trend line and match it with a take profit using fibonacci retracement.
have fun trading
I have shared my AVAXUSDT expectations before and the price continues exactly as I expected. When we look at the BTC parity, possible Cup and Handle Pattern targets are written in dollars on the chart and supports my expectations on AVAX/USDT. I will carry my long position to the targets, which I entered from $100 ish band. Good luck to everyone in their...
AVAX is in an Ascending Triangle (bullish) within a macro Ascending Channel (bullish). I'm expecting price action to bounce around the Ascending Triangle until ultimately breaking to the upside and moving to the top of the channel. I'm looking for bullish divergence on the 4-hour chart for an entry.
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These are just...
