AXS is one of the weakest alts of the last couple of months, making new lows while the majority of coins is still above their June lows.
After breaking out of the bear flag , AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9, which is an area of demand from over a year ago.
After breaking out of the bear flag , AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9, which is an area of demand from over a year ago.
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