AXS's price reacted to the resistance range of $11.78 to $12.50 after successive collisions.
The resistance for which it is intended is the range, the breaking of which could change the trend in the daily time frame from range to bullish.
But the solid negative reaction observed to this level has caused the movement to range between this resistance and support from $8.40 to $9.40. Also, the 50% retracement Fibonacci retracement was just within the designated support area, reinforcing this level.
So as long as this range is maintained, there is potential for further growth and breaking the resistance ahead. Also, in case of breaking and continuing the upward trend, higher targets range from 18.5 to 20 dollars.
The resistance for which it is intended is the range, the breaking of which could change the trend in the daily time frame from range to bullish.
But the solid negative reaction observed to this level has caused the movement to range between this resistance and support from $8.40 to $9.40. Also, the 50% retracement Fibonacci retracement was just within the designated support area, reinforcing this level.
So as long as this range is maintained, there is potential for further growth and breaking the resistance ahead. Also, in case of breaking and continuing the upward trend, higher targets range from 18.5 to 20 dollars.
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Join our channel:
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🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.