Over the course of a couple of days, AXS has been slowly crawling up. During this period, a bullish triangle pattern has emerged.
It's not certain yet if AXS will break out. Wait for a higher time frame close above $72 to confirm the bullish bias. Main targets are the $80 and $90 resistance areas in the near-term.
On the other hand, a bearish move will follow if BTC fails to move up in the coming days. Expect $60 to be the major support, potentially causing a reversal.
Happy trading!
It's not certain yet if AXS will break out. Wait for a higher time frame close above $72 to confirm the bullish bias. Main targets are the $80 and $90 resistance areas in the near-term.
On the other hand, a bearish move will follow if BTC fails to move up in the coming days. Expect $60 to be the major support, potentially causing a reversal.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.