The_Grizzly_Bear

Axie Infinity moving into a SQUEEZE AXS/BTC

Short
BINANCE:AXSBTC   AXS / Bitcoin
AXS has been pushing into a squeeze with this pennant forming over the last few weeks, and there is normally only 2 outcomes from this pattern.

If the hype is still around this coin then I would expect a push upwards and because of ATH levels I would be using a trend based fib to find some hidden levels, which also lines up pretty well from the measured move of the last impulse.

If the hype has dropped or moved onto another coin for now then I would expect a significant pull back on this market, its had a solid run so a big pull back is due.