🔥 AXS Classic Bear Flag Break Out: Wait for Confirmation!
With BTC dropping, its to be expected that alts will follow.
AXS is one of the weakest alts of the last couple of months, so the expectation is it will continue the bearish trend.
After breaking out of the bear flag, AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9.
AXS is one of the weakest alts of the last couple of months, so the expectation is it will continue the bearish trend.
After breaking out of the bear flag, AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9.
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