AVAX has conquered the strong resistance at $14 with very strong buying, so this August AVAX can continue its uptrend towards $18 and $22. But if it loses the $14 zone it will fall back to the $12 or even $10 zone

🔴Buy : 14.7-15.3$ 🔴Buy : 13.7-14.3$. SL if B
🔴Sell : 17.6-18.4$. SL if A 🔴Sell : 21.5-22.5$. SL if A
🔵Sell : 13.7-14.3$ if B. SL if A 🔵Buy : 11.7-12.3$ if A. SL if B 🔵Buy : 9.75-10.25$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.
  • The Avalanche network confirms transactions in under 1 second, supports the entire Ethereum development kit and enables millions of independent validators to participate as full block producers due to its unique architecture.
  • Avalanche has two consensus engines at launch:
    • Avalanche: A DAG-optimized consensus protocol - high-throughput, parallelizable, and simple to prune.
    • Snowman: A chain-optimized consensus protocol - high-throughput, totally-ordered, and optimized for smart contracts.
  • AVAX, the native tokenof Avalanche, is used for:
    • Peer-to-Peer (P2P) value transfer.
    • Staking and securing the network.
    • Pays for operations, computation and storage.
    • Creation of new blockchains and subnetworks.