Pearl-A

AXSUSDT ANTICIPATION STRATEGY

BINANCE:AXSUSDT   AXS / TetherUS
My analysis depicts a possible price action on axs in the coming days as its getting weak on volume and at a strong resistance level. Eke, Axs has exceptionally bounced to unexpected levels since the onset of this month so corrections are expected before we see a new ath. As indicated on chart, price has been following an ascending channel which is probable we see a downtrend to the higher low of the channel then to the support zone after a retest of the new ath. It's possible price breakdown at the support level for continuation of the head and shoulder pattern or a reversal could occur for the continuation of the inverse head and shoulder to reach a new ath. This is what i conceive on axs and it's no wise a financial piece.

Give this idea a thumbs up if you find it helpful and follow me as an incentive to provide more.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.