* Axie infinity in 1H time frame forms Symmetrical triangle pattern.
* Symmetrical triangle occurs when the price consolidates between two trend-lines slightly sloping towards each other, the price is squeezed till it breaks the either side of the pattern.
* The upper trend-line works as resistance for the price and the lower trend-line as support.
* If the price breaks either side of the pattern we can expect a healthy move.
* Symmetrical triangle occurs when the price consolidates between two trend-lines slightly sloping towards each other, the price is squeezed till it breaks the either side of the pattern.
* The upper trend-line works as resistance for the price and the lower trend-line as support.
* If the price breaks either side of the pattern we can expect a healthy move.
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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.