Coinpedia-Market-Insight

AXS is squeezed in Rectangle Pattern

BINANCE:AXSUSDT   AXS / TetherUS
* AXS in 4H time frame is moving in Rectangle pattern
* The price is facing Resistance around $152 and it has support near $114
* Rectangle pattern occurs when the price bonds between two parallel trendlines opposite to each other. Rectangle is a trend continuation pattern.
* To continue the bull run AXS needs to break the above resistance of $152.

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