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Axsusdtshort

AXS/USDT : No longer supported by bulls [Negative funding rate]BINANCE:AXSUSDT Hello everyone 😃 AXS has showed weakness recently at $40, Now it just followed BTC and gets rejected below $40. With current Negative funding rate; There can be a good chance to take advantage on next dives to lower levels. It just formed two bearish order block above at current level which are located on FIB retracement's levels ! There is a stiff support below with a bullish order block located below it; So pullback from there is expected, Also you can have a safe target there ! Above mentioned resistances will be a opportunity to take LONG on AXS again and have some gains on mentioned targets. Also have to mention that bulls will defend marked blue lines and bears will have a try to reject the pair on $39.29 marked red line. Hope you enjoyed our analysis about AXS's possible directions🙌 You can support us with your likes. Also you can share your opinion with us in comments 😉🙋🏼‍♂️ Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
33
AXS due for a shortFinally had sometime to look at AXS, noticed a decending triangle forming. From last night we got to our ALT for AXS around 52.5 and have been going from lower highs since then. We've found support at 0.5 fibs going from where the climb started yesterday up to the ALT. I was expecting a retrace to the 0.618 which lined up with the 20EMA and thought it would bounce and form the 5 Wave of the elliot wave. However given that its respecting that support line at 0.5 and seeing lower highs id be thinking that it might break through that support line. Usually i'd think that it depends what BTC does but the last week or so AXS and AlLICE havent really done that. Let me know what you think and this is not financial advice just my ideas.
Short
by Sidies89
1
AXSUSDT ShortLooks like after a quite strong bull run and being super overbought, the bear run has gotten started for AXS, based on this TA we are gonna have a 5-3-5 ABC correction wave which the first wave seems to be finished, we're probably gonna be seeing some bull movement in the 4 hours timeframe since the RSI 40 is gonna act as a temporary support and and starting the wave B, but after that we will have a super strong bear movement to complete the wave C, which I assume the correction will go as low as 12 to 13 by the next week or two. NOT FINANCIAL ADVISE Please feel free to share your thoughts in the comments and if you liked the TA upvote it.
Short
by UnknownUnicorn25186196