Over the course of September, AXS has formed a nice inverted H&S pattern, a classical bullish pattern.
With the price breaking out above the $71 resistance, it's safe to say that AXS wants to go up. Only thing that can ruin the party now is a strong drop of Bitcoin's value.
For the current bullish move, I'm targeting $80 for the coming days, potentially $90 if BTC sees more bullish price action.
Happy trading!
With the price breaking out above the $71 resistance, it's safe to say that AXS wants to go up. Only thing that can ruin the party now is a strong drop of Bitcoin's value.
For the current bullish move, I'm targeting $80 for the coming days, potentially $90 if BTC sees more bullish price action.
Happy trading!
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