AXS is gonna Reach 3$ (or is it?)AXS is in a Rounded Top. The Price is in Big Trouble,because The Price Is in a BIG bearish Pattern (Weekly Time Frame) .The Price can Decrease as Much as The Length Between the Top and the Bottom of the rounded top and fall to 3$. BUT there is a Regular Bullish Divergence on MACD which will Make Us doubt This Movement. There is a Slight Chance that the Price would Obey this Divergence Instead of the Pattern which We Talked about. So we Can also Rely on a Bullish Scenario as well. But The Break out MUST Happen which is gonna Take a week or two for Us to come to a Conclusion about This.
-AXS is in a Rounded top
-The Price can Fall to 3$
-Weekly Timeframe
-(+RD) On MACD
-The Price Might Become Bullish.
-wait a week or two For a Conclusion.
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Thank you for seeing idea .
Have a nice day and Good luck