AVAXUSDT 1H
SUPPORTS 18.82 / 18.55
RESISTANCES 19.31 / 20.00
RSI Exhaustion of purchasing forces
MACD: Optimistic
AVAX climbed to the psychological resistance of
20 and experienced a rejection tonight, returning to levels below that resistance.
On-chain data reveals intense developer activity and growing demand, so I believe that in the next few hours AVAX will go back above psychological resistance and head towards 28, which is my target for the month of April
SUPPORTS 18.82 / 18.55
RESISTANCES 19.31 / 20.00
RSI Exhaustion of purchasing forces
MACD: Optimistic
AVAX climbed to the psychological resistance of
20 and experienced a rejection tonight, returning to levels below that resistance.On-chain data reveals intense developer activity and growing demand, so I believe that in the next few hours AVAX will go back above psychological resistance and head towards 28, which is my target for the month of April
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.