AVAXUSDT 1H
It continues in an upward trend, giving a show in the graphic analysis! Circulating above MM200 demonstrates clear buyer dominance, plus AVALANCHE has launched a new subnet system called “Evergreen Subnets” which is made specifically for financial institutions. Evergreen subnets will provide blockchain solutions, tools and other services to these big financial players, which will further fuel their rise.

Here are the supports and resistances:
Supports 21.01 / 20.61
Resistances: 21.65 / 22.00

RSI : Seller
MACD: Buyer
MM200: 19.24
EMAS : Pointed upwards, the asset generally follows the movement of the EMAS

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.