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AXS

AXS - Outlook ✅I've been watching this coin since it was worth less than a dollar. And I never bought any! I don't know why. Anyways, there are three support areas on the way down. One of which is the local support (0.5 fib) which can help hold the price up in our uptrend channel and keep the price consolidated. It sure looks like AXS has formed a bullish flag. Two more Support areas are solid and will stop any sudden market crashes. There is also an ATH (our Solid resistance) which will push down on AXS's value so watch out for that. The market is showing Neutral volumes for AXS right now, so don't FOMO or jump into trades for now. Nothing special is going on. Use this chart as your trade setup for now; I'll keep it updated. Current Market Price: $141.41 Let me know your ideas. Good luck.
by ShawnMCR
4
#AXSUSDT 2H Chart Price previously dropped heavily leaving another supply zone just below the previous one and bounced perfectly from the support at the $135 level. MACD turned bullish again but we have low volume plus RSI and EMA ribbon are neutral. I don't expect the first supply zone the hold because big liquidity is resting above that level, we could see a sweep of that liquidity taking out all short positions from this area also testing the second supply zone. If no rejection i seen on the second supply then we would be heading to a new ATH.
by saviour25
AXSUSDT - is building a Cup and Handle BYBIT:AXSUSDT 4H trend chart - Since 10/29, AXS broke through a triangle and retested it. Now it is forming a CH pattern, but the pattern will be completed only if price gets firm at 163.22 However, aggressive traders can take a try while breaking out the short-term downtrend line. Moreover, I prefer to see a double bottom in the building handle pattern as the marked blue arrow . So, if price can take out the downtrend line or stand firm at 163.22, trading strategy. - Profit Targets: a) 171.945~175.475----Fib(1.272~1.382) b) 183.040----Fib(1.618) c) 195.295----Fib(2) Stop losses: a) 141.45-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3