AVAX is an asset that has seen a massive positive change. Thanks to the strong buyers in August, who got the asset to it's all time high of 80.99. Although, we have seen a slight downtrend from that peak inn the previous week.
Today the price has triggered my pending buy order on AVAX.
I sold 33% previously at the local high at $80 with the intentions of buying back between $57/$60.
My next sell target will be $100, again I will sell 33% with the intentions of buying back the 33% at new support at $80.
Good luck if you join.
Could Avalanche AVAX be the next big thing in the Space? Rumors of big players getting in.
Let's try to look at the chart: it seems to be moving very well in the ascending channel. I see an Head and Shoulders there. Looks like it can easily pump 10x. Be careful on this trade, don't FOMO, wait for the break out of the neckline.
This is not a financial advice....
AVAX price has been hovering around $60, having the 40-days moving average line as a support. I see another support line around $58, which I expect to be retested a couple of more times before it decides to break up or down the triangle.
It's my very first idea to publish. I'd appreciate any feedback :)
Bearish divergence. I see a great opportunity here being that the overall market has been showing signs of weakness. Placing a stoploss at $84. This isnt a 1 day or 1 week trade I anticipate this taking a couple months to play out. Cheers
Target #1 $38
Target #2 $24
Target #3 $14
Avax seems fundamentally secure for investment and technically it's getting well positioned for a nice run up. I have been watching for this with patience, I do hope the timing is correct. Not financial advice.
A 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?
If you guys like my IDEAS please LIKE and SHARE to help promote them. It IS MUCH APPRECIATED!
Thanks in advance! There's many more to come.
The Avalanche price analysis is bearish today, as the firm support previously reached after a strong surge earlier today has been exceeded. As a result, we anticipate AVAX/USD to reverse and fall further later today, along with the overall bearish momentum.
The overall market traded mostly in the green over the last 24 hours. Bitcoin gained 1.87 percent. Ethereum...
Look like AVAX would retrace to $42 before running to 195$ Market cap: $44 billion.
195$ is good price to exit most of my fund off the market
And let some ride to the moon or maybe just lose them all.
Moon target $600 AVAX and $135 billion dollar market cap.
Not considering the blackswan event.
Good luck to you all.
$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...
Risk to Reward favourable despite the fud, market will see higher prices. Record low btc on exchanges thus lack of liquidity, resulting into a volatile market. The underlying facts still stand and on-chain data points to the inevitable. Stay safe and have a great weekend guys!