* Axie Infinity in 1H time frame forms falling wedge pattern which a is bullish pattern.
* Falling wedge occurs when the price moves between two trend-lines forming lower-lows and lower-highs. In which the upper trend-line works as the resistance for the price and lower trend-line as support.
* If the price breaks the upper trend-line we can see a good move till $74.5.
* Axie Infinity is bearish below the lower trend-line.
* Falling wedge occurs when the price moves between two trend-lines forming lower-lows and lower-highs. In which the upper trend-line works as the resistance for the price and lower trend-line as support.
* If the price breaks the upper trend-line we can see a good move till $74.5.
* Axie Infinity is bearish below the lower trend-line.
Note
Breakout of upper trend-line, heading towards first target.Trade closed: target reached
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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.
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.