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Avalanche

Avalanche breakout - analysis for 17.03AVAX broke out of the two resistance zones in the last few hours. The next major resistance zone is at the price level of ~42.9 - 43$, which is at least a 30% move from here. Current ATH level is located at 60.83$ - 87% price growth from current level. So, to the point - why we can see upside price moves? - Big breakout through crucial price levels - Many significant events planned for March by Avalanche team (List of them is below) - Recent retest of the trendline which we're respecting from the start of January - Constantly growing volume from the last 2 days Besides all of that, AVAX is a really solid project which has a lot of potential if properly managed in the future. Potential bearish scenario would be a break below the current biggest trendline - then we can see a move to the 23.8 - 22$ level, which is very unlikely to happen. AVAX/BZRX Partnership Staking & NFT Support European Stablecoins (CHF and EUR confirmed) Trust Swap Integration Frontier Integration Velox Integration DSLA Protocol Integration You can read about them more at the coinmarketcal. Happy trading! (As always - not a financial advice)
Long
by SmallCryptoBoy
Avalanche [AVAX] support & outcomesHi everyone, Avalanche is currently in a consolidation phase and is forming an important formation with higher lows. When AVAX can realize a strong enough bounce with it's support line within the ascending traingle formation and AVAX manages to move above the upper-boundary we can complete a bullsh triangle break-out. A combination of good volume and right price action is needed to confirm this. Based on the chart in combination with high value partnerships that have been made past weeks (e.g. SushiSwap, Cartesi, TrustSwap,...) , i guess AVAX will continue to grow. In case we fall below the lower grey trendline that acts as support, above set-up will be invald 🌜 Please like and leave a comment 🌜 This is not financial advice
by M00N_BEAMS
6
Avalanche [AVAX] Bullish continuationHi everyone, AVAX managed to print a solid bullish break-out up to $36. The strong volume combined with bullish price action can confirm this. Looking at the chart AVAX succeeded to print a higher low. These indications inform us that AVAX will continue to grow. Target point mapped on chart: > TP1: $36.6 > TP2: $45.5 (strong resistance) > TP3: $60 In case we fall below the white trendline that acts as support, above set-up will be invalid 🌜 Please like and leave a comment 🌜 This is not financial advice
Long
by M00N_BEAMS
1
Avax Update BUY triggered by script 13EMA crossing up 50SMAUpdate on Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 90% gain from current price level back to ATH price level! Bulls back in the market! Avalanche (Avax) Buy Opportunity 90%+ Gain Triple Bottom Formed, Stochastics on the Weekly still showing a buyers market with a strong bullish sentiment short-midterm. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just above the 200 SMA signalling bullish sentiment but a possible test back to the 200 SMA and a break below this level would signal a strong signs of a some retracement or consolidation short-term. A trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 90%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70. Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :) Key Notes on this project: Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem. Capped Supply An important characteristic of a store of value is scarcity. Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million, creating scarcity. 360 Million tokens were minted at launch (with the vast majority locked up in vesting periods between 1 and 10 years) whilst the other 360 million are used for rewards for staking. As with Bitcoin, reward rates will decrease over time as it gets closer to the capped supply (although at a much smoother rate rather than infrequent halvings).
BITFINEX:AVAXUSDLong
by CryptocurrencyMagnet
Avalanche [AVAX] possible H-S formation..Hi everyone, Looking at the 4H timeframe, AVAX seems to found support after a strong bearish move when hitting its ATH $60 in Mid. February. As Avax has managed to somewhat stabilize in it structure a possbile formation caught my eye. When the Head-and-sholder structural development rightly completes other important levels can be tested. In case we manage to break and close above the "Neckline" with the right price action and volume an important reversal can take place. Be aware that this structure still needs proper confirmation! 🌜 Please like and leave a comment 🌜 This is not financial advice
Long
by M00N_BEAMS
2
Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA*Update* Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 170% gain from current price level! Bulls back in the market! Avalanche (Avax) Buy Opportunity 170%+ Gain Triple Bottom Formed. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just below the 200 SMA signalling bearish sentiment but a possible test back to the 200 SMA and a break of this level would signal a very bullish sentiment, further a trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 170%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70. Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :) Key Notes on this project: Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem.
BITFINEX:AVAXUSDLong
by CryptocurrencyMagnet
1
Avalanche (Avax) BUY triggered by script 13EMA crossing up 50SMAAvalanche (Avax) BUY triggered by script 13EMA crossing up 50SMA, 170% gain from current price level! Bulls back in the market! Avalanche (Avax) Buy Opportunity 170%+ Gain Triple Bottom Formed. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just below the 200 SMA signalling bearish sentiment but a possible test back to the 200 SMA and a break of this level would signal a very bullish sentiment, further a trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 170%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70. Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :) Key Notes on this project: Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem.
BITFINEX:AVAXUSDLong
by CryptocurrencyMagnet
Avalanche (Avax) Buy Opportunity 170%+ Gain Triple Bottom FormedAvalanche (Avax) Buy Opportunity 170%+ Gain Triple Bottom Formed. Avax's price soared to a new ATH on 10/02/21 @ $59.7 and has since retraced from this huge explosive parabolic move forming a triple bottom. The stochastics on the Daily chart and 4H both show an extremely oversold market, further the triple bottom signifies that the Bulls are coming into play and this could be the sign of recovery back to the ATH levels previously set on 10/02/21. Currently the price level has tested and broken just below the 200 SMA signalling bearish sentiment but a possible test back to the 200 SMA and a break of this level would signal a very bullish sentiment, further a trigger of the 13 EMA crossing up 50 SMA would be another confirmation of this move back towards to upside, gaining 170%+ on its way back to ATH levels and a possible push further to the 127.20% Fibonacci level and a new ATH @ $70. Use the buy zones area to map out Buys from zone 1 below the 23.30 Fib level and zone 2 between the 23.20% & 38.20% Fibonacci level. Happy trading :) Key Notes on this project: Avalanche is an open-source platform for decentralized finance (DeFi) applications and enterprise solutions. Developed and launched in late September by Ava Labs, the team raised a total of $60 million across three separate sales. The Block has identified 54 projects and companies across 11 different verticals currently expanding on its ecosystem.
BITFINEX:AVAXUSDLong
by CryptocurrencyMagnet
Avalanche (AVAXUSDT/AVAXBTC) Long&Short Trade Setups 2021/03/05Long Trade Setup #1: False Breakdown 1. Price Action: Price breaks below the then rapidly climbs above 0.00050000, forming a bear trap 2. Trade Entry Confirmations: A breakdown candlestick  followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming Short Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back up to the 200MAs, currently projected to be @ 0.00055500 by the time price reaches it, and bounce back down. 2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
💡It's a great buy opportunity in AVAXUSDT @avalancheavaxTrading suggestion: . There is a possibility of temporary retracement to the suggested support line (24.80). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AVAXUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55.60. Take Profits: TP1= @ 31.20 TP2= @ 36.70 TP3= @ 41.10 TP4= @ 45.70 TP5= @ 54.50 TP6= @ 60.40 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
17