ðĨ AXS Bearish Reversal From Channel Resistance
AXS has seen some incredible growth over the last three days, vastly outperforming the crypto market.
A day ago, AXS has hit the top of the channel drawn on the chart, zoom out for a better overview. This channel has held and AXS reversed back towards the channel support.
Before entering this trade wait for the price to close below the Entry line. Higher time frames yield a higher predictive power.
On the chart Iâve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.
Happy trading!
A day ago, AXS has hit the top of the channel drawn on the chart, zoom out for a better overview. This channel has held and AXS reversed back towards the channel support.
Before entering this trade wait for the price to close below the Entry line. Higher time frames yield a higher predictive power.
On the chart Iâve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.
Happy trading!
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