AXSUSDT Rectangle PatternAXSUSDT Breaks Out of Rectangle PatternAXSUSDT Technical Analysis update
AXSUSDT has formed a rectangle pattern at the bottom near its major yearly support level. The price has broken the rectangle pattern resistance on the daily chart, indicating a potential bullish move from the current level. The price is trading above the 100 and 200 EMAs on the daily chart, with a noticeable rise in volume in recent candles is also considered strongly bullish.
Axisinfinity
Looking for a Bull Flag breakoutHello Friends!
If Axie Infinity can breakout from this bull flag, I like it to target 2 price points:
-$81.93
-$88.97
For this to have a chance to happen, it needs to hold above $64.50.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.