Axelar 231% Potential —Keeping It SimpleThe left side of the chart is the consolidation range. The red channel comes from a breakdown of support. This is not a bearish impulse but a breakdown of support. This is revealed by the structure of the chart and the trading volume.
Since support broke down, the next logical step is for AXLBTC (A
Axelar: The Bottom Is In? Common Sense Technical AnalysisCan we say that the bottom is in?
In this chart, AXLBTC, we can see a consolidation pattern (sideways) after strong bearish action. The fact that prices go flat after a strong bearish wave tells us that the bearish wave is no longer viable. It tells us that the bearish wave is over.
Now, a bearish
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.