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DEFI-trader
Oct 15, 2021 5:44 AM

AXS is overbought - be careful  Short

AXS / TetherUSBinance

Description

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.

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Comments
mahdialirezaie
where is divergence?
DEFI-trader
@mahdialirezaie, on the RSI. it failed to make a higher high, showing a lack of momentum
mahdialirezaie
@DEFI-trader, this is highr and the next is low , look
DEFI-trader
@mahdialirezaie, on the Daily chart, the closing price was almost at the same level, but the RSI was lower
mahdialirezaie
the past divergence is obiovsely expired
Niek_fermont
You clearly do not have any knowledge of axs and slp. Slp is minted by the 100s millions per week, as axs is more burned then minted. Dude your info is litterally the worst ive seen.
DEFI-trader
@Niek_fermont another noob commenting on my posts?
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