Is AXS coming down for a bit?
MTF EMA's have flipped, and it seems the short term support around $65 may become resistance. This is also a fib .382 level that we're sat on right now.
We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly).
Looking at the feb speed fans, we're under the support levels and retesting this and the next hour.
Short term bearish.
Only bullish thing I see is BTC might have another little run. On a Sunday though...
Anything is possible, trade safely people.
Peter
We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly).
Looking at the feb speed fans, we're under the support levels and retesting this and the next hour.
Short term bearish.
Only bullish thing I see is BTC might have another little run. On a Sunday though...
Anything is possible, trade safely people.
Peter
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