BINANCE:AVAXBTC   AVAX / Bitcoin
AVAXBTC
AVAXBTC remains strong in the bearish channel and needs buying momentum to break out of it. It also has two great supports which are 6054 and 5902.

The BTC pairs have suffered a lot these last few days due to the increase in the dominance of the BTc which, as soon as it cools down, will rise again.

On a retreat from BTC dominance AVAXBTC goes to 7158 and after 8124.

RSI already indicating exhaustion of selling forces is a good sign!

BTC did not reach this value as of June 14, 2022

Penafian

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