A couple of weeks ago I made an analysis on AXS where I discussed the bear-flag pattern it was trading in. After a final break out of the support area AXS fell quick and has reached both of my bearish targets.
In my view, AXS can still fall further and the bottom is not in yet. I'm looking at a $6.5 target for the coming weeks, potentially even $3.5 if we're going to see some kind of capitulation. $3.5 would make a decent case for a bear market bottom, but we'll see by then.
In my view, AXS can still fall further and the bottom is not in yet. I'm looking at a $6.5 target for the coming weeks, potentially even $3.5 if we're going to see some kind of capitulation. $3.5 would make a decent case for a bear market bottom, but we'll see by then.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.