Avalanche [AVAX] Potential setup for breakout
Hi everyone,
Looking at the Daily chart, we can see AVAX is printing higher-lows continuously within its formation and found, once again, support on the EMA 50 as well. These are good signals.
We are still waiting a clean break out that can confirm the next leg up.
Strong fundamentals:
> The Graph partnership, bringing subgraphs for developers
> AllianceBlock partnership, integrates DeFi and financial primitives
> RAI Finance integration, cross-chain trading capabilities
> Over 900 active validators
🌜 If you enjoy this idea, please like and leave a comment 🌜
This is not financial advice
Looking at the Daily chart, we can see AVAX is printing higher-lows continuously within its formation and found, once again, support on the EMA 50 as well. These are good signals.
We are still waiting a clean break out that can confirm the next leg up.
Strong fundamentals:
> The Graph partnership, bringing subgraphs for developers
> AllianceBlock partnership, integrates DeFi and financial primitives
> RAI Finance integration, cross-chain trading capabilities
> Over 900 active validators
🌜 If you enjoy this idea, please like and leave a comment 🌜
This is not financial advice
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