📈 Daily TA: Avalanche (AVAX/USD) | 16-09-2021 by cryptospa

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @cryptospa · Sep 17 '21

$11.04

📈 Daily TA: Avalanche (AVAX/USD) | 16-09-2021

**Hodl, dear members of LeoFinance!**

Today I would like to outline something interesting on the price chart of **Avalanche**.

In the 4-hour chart (4H), AVAX/USD formed a Bullish flag (*common trend continuation pattern*):
![16.09.2021 AVAXUSD.jpg](https://images.hive.blog/DQmeYhiE9VH32xv3iWwMaVuiVKgxkT8RWdUFgZiiSkJoQRg/16.09.2021%20AVAX-USD.jpg)
However, as can be seen from the chart, AVAX/USD has already exited the flag and now is starting to draw an Ascending channel (uptrend).

To be continued ...

*As of the time of writing, one AVAX costs $65,46 on the Binance crypto exchange, according to TradingView.*

---
**A few words about me:**

*Just to let you know: I've been working professionally as a currency analyst for the last 15 years, and as a cryptocurrency analyst for the last 4 years.*

---
**Important!**

**Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.**

---
**Join the crypto exchange Binance:** https://www.binance.com/en/register?ref=28017531
**Join the crypto exchange Bittrex:** https://bittrex.com/Account/Register?referralCode=3GB-QAJ-BMW


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptospa/daily-ta-avalanche-avax-usd-or-16-09-2021)

👍 leo.voter, unicornis, gryphes, pegasos, whatsup, karamyog, dmilliz, ew-and-patterns, hivehustlers, empoderat, mytechtrail, toofasteddie, thisisawesome, forexbrokr, trasto, satoshil, bala41288, warnas, cryptoprima, practicaleric, andyblack, megavest, maddogmike, roleerob, successforall, hivelist, portugalcoin, mushanov, mightpossibly, olumzy, sayee, vintherinvest, suzana72, dobo, actioncats, gadrian, oldtimer, leofinance, wildarms65, fulcrumleader, travelwritemoney, jglake, cielitorojo, mishoni, martusamak, babytarazkp, awesomecuration, lauriki, flaxz, uwelang, aleister, obsesija, kannannv, dyrt88, tfranzini, ykretz, banat, belemo.leo, dwayne16, fundacoven, engrsayful, onestop, hashkings, mynima, and 37 others

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@dmilliz · Sep 17 '21

Just the chart I wanted to see.😉 Please do one on  iost. Wanna hear your thoughts on the TA.

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@cryptospa · Sep 18 '21

@dmilliz, I will have a look at IOST. But I am not very familiar with this crypto.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptospa/re-dmilliz-4sbjjh)

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@forexbrokr · Sep 17 '21

Hey Veso,

I know I've asked you this before but I'm going to try again haha.

You're the best technical analyst here on LeoFinance and I've always enjoyed reading your charts.

But as this sort of content doesn't have an evergreen shelflife, they sort of get lost in the abyss a day after they're published.

To help leofinance.io, would be willing to just include a link to the relevent evergreen @crypto-guides post in each of yours?

So in this one for example, you'd just link to our Avalanche guide underneath the [Avalanche](https://leofinance.io/@crypto-guides/what-is-avalanche-crypto-avax) anchor text.

If you can do this on each of your daily technical analysis posts (only if we have a guide), I'll put you on my autovoter.

Would you be keen to just include a single guide link where relevant in your daily technical analysis posts?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-cryptospa-4wkzaa)

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@cryptospa · Sep 18 '21

@forexbrokr, thank you for your nice words! Of course, I can do it! Sorry for not seeing your previous comment about it. I have not seen it actually. 

So, from what I understand, if I write for example a price chart analysis on Bitcoin, then in my post I have to include the link leading to your Bitcoin explanation post published by @crypto-guides? Right?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptospa/re-forexbrokr-4em5eq)

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@forexbrokr · Sep 18 '21

$0.03

Yep, just put a link to that guide under the anchor text [Bitcoin](https://leofinance.io/@crypto-guides/what-is-bitcoin-btc).

Thanks heaps :) 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-cryptospa-591uru)

👍 cryptospa

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@rihc94 · Sep 17 '21

$0.03

Definetly we are gonna see a good pump on Avax in the nexts months maybe weeks, they are building a necessary ecosystem, decentralized, transparent and secure, the only problem I see is about fees at that moment because the overload network, and issue that they suppose to solve with the project scalability by nodes and subnets. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rihc94/re-cryptospa-4oeufe)

👍 cryptospa

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@cryptospa · Sep 18 '21

$0.07

@rihc94, thank you for sharing this interesting information about the Avalanche ecosystem with us! I am not very familiar with the fundamentals of Avalanche. I just analyze the price chart by applying pure Technical analysis.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptospa/re-rihc94-5xpqza)

👍 rihc94

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@rihc94 · Sep 18 '21

$0.03

I use to trade too but not everyday cause it's really stressful sometimes, but it helps you in other ways, I mean, trading make you take advantage of big movements and trends on the market, and I refer in both price direction. Good job

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rihc94/re-cryptospa-4jv46z)

👍 cryptospa

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1 reply

@williamtboy · Sep 17 '21

$0.03

According to your chat I see that AVAXUSDT ARE in a bullish trend.thanks for the update

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-cryptospa-2qknvh)

👍 cryptospa

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@cryptospa · Sep 17 '21

Yes, it is.

Yes, it is.

 Posted using [Dapplr](https://app.dapplr.in/VnCXMDPmgavAPvjaA)

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@williamtboy · Sep 17 '21

Thank you

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-cryptospa-68mmey)

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