Analysis of trading volume for avalanche (AVAX) and market trends
The world of crypto extension is becoming increasingly complex and many factors influence the prices. One of the popular cryptocurrencies that have attracted considerable attention in recent years is Avalanche (Avax). In this article we will be aware of the current AVAX market and analyze the commercial volume formulas in order to identify potential trends and opportunities.
What is an avalanche?
Avalanche (AVAX) is a decentralized blockchain platform for open open source that enables fast, safe and transparent transactions. Avax, which was launched in 2017, has gained popularity thanks to its innovative technology and the comprehensive introduction of various sectors such as finance, games and defici (decentralized funds). Native Cryptomena -Oaken, Avax, is used to stimulate the safety, control and scalability of networks.
Pattern of the commercial volume
Volume volume formulas are the crucial indicators of mood and trends on the market. When analyzing the commercial volumes for a certain cryptocurrency like Avax, it is necessary to take short -term and long -term trends into account.
* Daily trading volume : The daily volume of Avax is relatively low compared to other popular cryptoma, which indicates limited business activities.
* Weekly commercial volumes : During the week we can see a slight increase in the commercial volume, which indicates that retailers are more convenient to buy and sell tokens. This can be attributed to increased liquidity or interest by institutional investors.
* Monthly trading volumes : The monthly table shows an upward trend that indicates the growing demand for AVAX because dealers are convinced of their potential.
Trends on the market
Current market trends can provide valuable information on the general AVAX market direction. Some important tracking trends are:
* Liquidity : With increasing liquidity, it is easier for retailers to buy and sell Avax at competitive prices.
* REST SHEF : The order flow image indicates that there is a large volume of shopping orders, which indicates a strong purchase pressure on the market.
* Support and resistance : The daily diagrams show that Avax has set the support levels at 1.20 US dollars, which indicates potential resistance.
Key roads
When analyzing the trade and market trend for AVAX, consider the following:
* Volume trade : Look for short -term and long -term trading volume to identify possible trends.
* Market feelings
: Rate the market mood by examining the order flow, liquidity and level of support/resistance.
* Liquidity : Concentrate on the increase in liquidity because it becomes more convenient for dealers.
Diploma
Avalanche (Avax) is a promising cryptoma that has attracted considerable attention in recent years. By analyzing the trade and trend on the market, retailers can receive valuable information about the general AVAX market direction. Observe the increased commercial volumes, strong shopping pressure and increasing liquidity as potential bull trend indicators.
recommendations
* Buy : Look at the purchase of AVAX if the trading volume increases significantly (e.g. 10-20%).
* Keep : Keep in Avax if the market is trends with a high order of order.
* Sales : Sell Avax if the trading volume decreases or if you notice a strong level of resistance.
Reneeen of responsibility
This article is only intended for information purposes and should not be taken into account as investment advice. Krypto -trading is considerable risks, including the volatility of prices, regulatory changes and security risks. Before investing decisions are made, it is necessary to carry out thorough research and consult a financial advisor.