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FieryTrading
Oct 9, 2022 12:04 PM

🔥 AXS Holding: For How Long? Short

AXS / TetherUSBinance

Description

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AXS is one of the weakest alts of the last couple of months, making new lows while the majority of coins is still above their June lows.

After breaking out of the bear flag , AXS has one more obstacle to clear before we can move down, which is the purple Area of support.

A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9, which is an area of demand from over a year ago.
Comments
InkyGrip
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Detailed AXSUSDT chart overview thanks
Solldy
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A good description of the analysis, but the chart itself isn't the most exact. I hope that next time the graph will be more concrete. Good luck in trading!)
UnknownUnicorn15614419
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I agree with u. Thanks for sharing my friend
DeGRAM
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Thank you. Great job. Like it
ProjectSyndicate
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yeah weak market structure we might get a new wave of selling soon
SwallowPremium
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I think you are right! Keep it up!
YMGroup
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Wow amazing job for axs.usdt, thanks and I think you are right
MonoCoinSignal
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Logical setup
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