AXS / TetherUS

AXSUSDT ANTICIPATION STRATEGY

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My analysis depicts a possible price action on axs in the coming days as its getting weak on volume and at a strong resistance level. Eke, Axs has exceptionally bounced to unexpected levels since the onset of this month so corrections are expected before we see a new ath. As indicated on chart, price has been following an ascending channel which is probable we see a downtrend to the higher low of the channel then to the support zone after a retest of the new ath. It's possible price breakdown at the support level for continuation of the head and shoulder pattern or a reversal could occur for the continuation of the inverse head and shoulder to reach a new ath. This is what i conceive on axs and it's no wise a financial piece.

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