Axie Infinity bullish? Maybe, and this is why.
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Axie infinity technically looking neutral at the moment. At least, until early/mid May.
The 4hr Candlestick chart suggests the same pattern could be repeated with a fake high in few days maybe, then early/mid May we breakout bullish probably UNLESS the 45 support level is violated prior.
RSI indicator suggesting the same pattern as well.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
Axie infinity technically looking neutral at the moment. At least, until early/mid May.
The 4hr Candlestick chart suggests the same pattern could be repeated with a fake high in few days maybe, then early/mid May we breakout bullish probably UNLESS the 45 support level is violated prior.
RSI indicator suggesting the same pattern as well.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
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