AXSUSDT
2 SUPPORT STEPS FOR AXS...Axies' s full-view chart, seems great. We will enter on two steps I've shown on the chart (The first step, done!). The second is still available for probable strong market downtrend (due to some fuds...).
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AXS - Do not miss itIf AXS could maintain its trend line and support during the bitcoin fall, it will be Bullish and the first target is $118 (then $140)
Due to the last few candles in 2D timeframe and The RSI positive divergence, That bullish scenario has a good chance
Anyway, so far AXS has climbed a lot and Bitcoin isn't stable and may drop to 42K. It's better to consider these points (before buying)
Dear Friends, It would be nice to show your support by liking and maybe posting your comment
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AXS, bullish structure on the chart A falling wedge pattern has formed on the AXS chart, it is a bullish structure, it is statistically breaking up, but bitcoin could once again renew its local lows, so two scenarios are worth highlighting.
The first scenario is that the price breaks through the upper boundary of the wedge, after which there could be a rise to the targets marked at the top.
The second scenario is that the price falls and breaks the pattern downwards, in case of a false breakdown of the 77$ level there would be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
AXSUSDT, We break midline of channelHello everybody
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According to the chart you can see the price from the begining is moved in upward channel and exactly impacted the the trendline of the channel.
We shown on chart two arrow that is important one them is pullbacked to the midline of upward channel that is one of the acceptance that the price can drop more to reach to the below trendline of the channel and the other one is the key point that is most important because if the price break that support zone (green box) the trend of price change and its unlikely
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Good Luck
Abtin
AXSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has been able to support after hitting its support line and this is a good news, but if it can not break the resistance line in front of it, it will start moving to its first support line and if it can not be supported and drops below the first support line, it can move to our next support line.
But if it breaks the resistance line in front of it and fluctuates above it, we can see an increase in price.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck