AXS continued its downward move over the past week
Hello to all members of TradingView and my followers.
AXS continued its downward move over the past week after reacting to the $18 resistance area and is again moving towards its support. Support in the $12 range has been well-reacted in the past.
Therefore, if the buyers are waiting for the test of this support level, we can again expect upward movement and price growth to happen in the coming days. The current support is also in the range of $13-13.5, and if this level is maintained, there is a potential for the price to exit the bearish corner pattern and move towards the $28 resistance. Therefore, it should be seen whether an upward movement can be formed in the market this week.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
AXS continued its downward move over the past week after reacting to the $18 resistance area and is again moving towards its support. Support in the $12 range has been well-reacted in the past.
Therefore, if the buyers are waiting for the test of this support level, we can again expect upward movement and price growth to happen in the coming days. The current support is also in the range of $13-13.5, and if this level is maintained, there is a potential for the price to exit the bearish corner pattern and move towards the $28 resistance. Therefore, it should be seen whether an upward movement can be formed in the market this week.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
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