First let's talk about the weekly chart - On the weekly chart, Axie is in a clear Bull Trend, it has made nice higher highs and higher lows, and now it is at a very good level: the price has just corrected to the 21 EMA, which is the same price it was in August (purple line), making a good resistance level. (I would put the weekly chart image here, but I can't, sorry)
We don't have a confirmation yet, but it would be a great time to buy Axie, I would just wait for something like a Bullish Pivot on the daily chart.
Daily chart: Have you noticed that Axie sometimes makes this rectangle and then blows up? I think this might be the case again.
Some people may also see a head and shoulders pattern in this last rectangle, but I think it is too big to be that. Also, Axie has done this before and it wasn't triggered, so I don't believe it is a head and shoulders pattern. It also has this resistance (orange line) holding Axie at this level.
I'm out of Axie right now, but with a good confirmation, I would buy it. I would just wait to see if these resistance levels will not be lost.
Thanks for reading my analysis 🥰 If you liked this ideia, remember to support me with your like and subscription! 😊👍
This project is doomed to failure because it has evil goals in mind The truth must be revealed. Is it other than this? O people be aware, AXS via slp, creates unsupported money and the price goes down to zero day by day(before 40 cents >> now 3 cents >> 0.0001>> 0) , which is completely illegal and could be an excuse to suppress the whole digital currency in the future. don't buy it don't play it.Sanction to correct this method Axi Company should stop its method. Please publish.
The truth must be revealed. Is it other than this?
O people be aware, AXS via slp, creates unsupported money and the price goes down to zero day by day(before 40 cents >> now 3 cents >> 0.0001>> 0) , which is completely illegal and could be an excuse to suppress the whole digital currency in the future.
don't buy it don't play it.Sanction to correct this method
Axi Company should stop its method. Please publish.