Axie Infinity (AXS)

Axie Infinity is a blockchain-based trading and battling game in which you can collect, breed, raise, battle, and trade NFT token-based creatures known as Axies. Anyway, after the super upward wave of AXS finished, it entered into a correction, a long one. Now, it seems AXS is trying to break the downtrend line. If successful, the next impulse wave might have begun.

ملاحظة

AXS pulled back on the lowest low horizontal area. We have to wait and see if this area can hold and support AXS; if not, the next support area is below. Let's see what happens.

ملاحظة

Just an update.

ملاحظة

AXS broke the descending triangle pattern and is going up.

ملاحظة

So, AXS went up but couldn't pass the major horizontal resistance area. Then correction started and AXS went down. It seems AXS is ready to start another upward wave; first AXS have to break the minor downtrend line. Let's see what happens.

ملاحظة

So, AXS broke the downtrend line and is going up. Let's see what happens.

تم فتح الصفقة

So, AXS is on its way up. Let's see what happens.

ملاحظة

So, as it turned out, AXS's correction wasn't finished and made another downtrend wave. As a result, AXS's correction unfolded in an inverted flat triangle pattern, a big one. Let's see what happens.

SaeedSalehinia

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.

SaeedSalehinia