DEFI-trader

AXS is overbought - be careful

Short
BINANCE:AXSUSDT   AXS / TetherUS
We are expecting AXS to drop to 70usd area and the 144 EMA daily.
We have a divergence on the RSI and we failed to make new highs.
On top of that, there is a massive inflow of AXS into the market due to the staking rewards.
Better buy SLP if you want to invest into Axie Infinity game.

Follow for more updates.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.