Many large caps have pumped while this Avalanche AVAX remained asleep. This $4.5B market cap has been consolidating since Mar 2021 and remained flirting with the 50D & 100D EMA that became closely paralleled.
My entry level is marked in blue and the almost 90% gains target marked in green. The only thing remaining is the Avalanche to move.
What do you think?...
$AVAX
Kinda like this one..
Crossing/flipping into support ~60k sats level (potential breakout on the /USD pair)
UCTS 1D Buy signalling the entry 2 days ago..
If its able to get some traction (volume), then aiming toward ~75k sats+
#AVAX
On April 29th i posted the $AVAR buy setup... the 1st Take Profit got reached.
Now the chart looks set for a move higher.. Great entry after close above the Support/resistance
The patterns make the bullish case for themselves.
Our idea can only get invalidated if BTC Dominance closes above 50 or we face a big correction. Remember that the current levels, 57k, correspond to the top band of our parallel channel, therefore, it would not be surprising to see a more severe pullback. If BTC closes above 58k, re-evaluate your entry with the...
Long AVAX/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
With the long period of consolidation and down trend that we have been in, it appears AVAX has decided to break the trend.
I would like to see it test this down trend before moving higher as this would be a perfect entry position.
First target for me would be 4.669 fib level if you want to be aggressive.
If you are conservative and feeling antsy to take...
Long AVAX/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
There was a huge sell of couple of hours ago and every single coin got affected.
There could be some oppurtinities to buy in some coins!
Avax could be one of them!
It is definitly not buy right now but it could be.
Right now uptrend line seems to be broken but downside momentum does not seem to continue with good volume therefore we should wait a little bit...
