AXS Possible Movements
Hi everyone here is my TA on AXS/USDT on a 1h TF 07/17/2021 @ 7:16PM
- You will see a parallel channel ( large one ) which is an uptrend
- It broke down the lower trend line and complete a retest and got a rejection
- Then it continue to make a lower movement
- I'm seeing a similar pattern here but the difference, it's on down trend
- It can continue to go down further, possible target after 19usd is 17usd
- It can follow the parallel channel downward, unless we got a breakout, that would change the idea.
That's it guys! Take care! NFA, DYOR & TAYOR.
- You will see a parallel channel ( large one ) which is an uptrend
- It broke down the lower trend line and complete a retest and got a rejection
- Then it continue to make a lower movement
- I'm seeing a similar pattern here but the difference, it's on down trend
- It can continue to go down further, possible target after 19usd is 17usd
- It can follow the parallel channel downward, unless we got a breakout, that would change the idea.
That's it guys! Take care! NFA, DYOR & TAYOR.
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.