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ferulianov
Apr 20, 2023 10:38 AM

AVAXUSDT 1H Long

AVAX / TetherUSBinance

Description

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 HKEX: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
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