If I would be allowed only to choose between one of these two coins...
... just by looking on the daily chart without a view on the fundamentals.
AVAX has two chart-advantages IMO:
1. The price is above the OBV and not below a resistance
2. In case of a massive dump (whatever reason) the next volume support is closer to current price
But if you don´t have to...
AVAXUSD (4H Timeframe)
Waiting for the upward break of 119 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 101 would cancel the bullish scenario.
Stop loss: 101
Take profit 1: 130
Take profit 2: 148
Strategy: Bullish reversal
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...
We touched the bottom of this channel today and I believe the bottom is in. From here I am looking for this to go on a massive bull run and touch the targets shown on the chart. I expect pullbacks to happen at those levels as profit taking takes place
An uptrend can be established, along with a cup and handle formation
This cup and handle formation is a rather radical one so take that with a grain of salt
Regardless the uptrend supports the bull state
TLDR; three reasons to buy AVAX
1. Strong competitor to ETH
2. Strong Technicals
3. Overtook Dogecoin on Coinmarketcap
Avalanche has appreciated 33% last week to solidify its position as one of the strongest Ethereum competitors. In fact, it has usurped Dogecoin for the number 10 spot on coinmarketcap. Despite retracing much of its move to new highs just under...
Avax is about to fly! So much demand from TIME AND WONDERLAND STAKing.
Great risk and reward set up as well.
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades...
AVAX looks as though it may have flipped the macro resistance to support as it attempts to reach new heights. Keep an eye on volume and possible retests along the new support zone. A re-entering of the ascending channel would signify rejection, but Avax for now is looking vibrant.
*Full-time Wyckoffian VSA cryptocurrency investor and swing trader since 2017....
This is our first time covering Avalanche. AVAX seems to be starting a new uptrend, that could lead up to $900 by March 2022, when the cryptocurrency frenzy hits retail. If we look at Defillama, the TVL in that layer-1 is increasingly significantly, at a faster pace than even Solana. AVAX has been consolidating for a while now and seems ready to go higher.