ðĨ AXS Inverse Head & Shoulders Update: Price Discovery
Recently I made an analysis on Axie where I discussed the inverse H&S pattern, which could potentially lead to strong gains.
Not only did we get some strong gains, we only got a new all time high! Amazing couple of days for Axie, congratulations if you took the trade.
At the moment, AXS is going into price discovery mode again. Over the course of tomorrow, I'm expecting some minor consolidation around the $90 to $95 area and a potential push to $100 in the next 48 hours.
$100 is important. If we manage to take that resistance out, expect a major run up to $115 and beyond. Lots of shorts have their stop-losses above $100 since it's such a key area of resistance.
Happy trading!
Not only did we get some strong gains, we only got a new all time high! Amazing couple of days for Axie, congratulations if you took the trade.
At the moment, AXS is going into price discovery mode again. Over the course of tomorrow, I'm expecting some minor consolidation around the $90 to $95 area and a potential push to $100 in the next 48 hours.
$100 is important. If we manage to take that resistance out, expect a major run up to $115 and beyond. Lots of shorts have their stop-losses above $100 since it's such a key area of resistance.
Happy trading!
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ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
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