AXS doesn't have enough data to provide us with the best information to put a long-term analysis. But let's do our best here: As you can see the price consolidated for so long that the Bollinger Bands squeezed for a great breakout and it was amazing. it broke out too many resistance areas and the key resistance is what I put on the chart. THe pice might go back to that area for some correction, and might turn that area into support. Overall, it's a good project.
Thank you very much, Shawn!
I subscribed to the Monocoin telegram group and it's been amazing to learn from you all.
Now I'm looking for the RSI (at 1H chart) to cross down 30%, to set some long positions and wait for it to bounce back.
Thank you again!
Good luck.
ShawnMCR
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@eduporfirio, Hey, thank you for your amazing comment.
Good luck buddy.
I subscribed to the Monocoin telegram group and it's been amazing to learn from you all.
Now I'm looking for the RSI (at 1H chart) to cross down 30%, to set some long positions and wait for it to bounce back.
Thank you again!
Good luck.