Last night AXS saw a huge influx of buyers, making the price shoot up by well over 5%. In my view, this big green candle is likely confirming the higher-low, meaning that more bullish pressure will come soon.
Targets placed at recent areas of resistance in blue.
Also, I added the yellow line (which is a direct copy of the purple line), which might function as a resistance later down the line.
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.