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tanasta2

AXS - Expect a huge correction/crash coming this weekend

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AXS / TetherUS (BINANCE:AXSUSDT)  
tanasta2  
BINANCE:AXSUSDT   AXS / TetherUS
Trend Analysis Technical Indicators
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trendanalysis indicator
Currently, it is trying to break horizontal support at 23.95 ish.

RSI is approaching the overbought level.

Previous ATH showed a correction of 80+% from 11k to 2k

This time is different as Axie Infinity gained more players and such.

However, the recent pullback only showed a 50% downside. I believe it could still retest its previous ATH at 11k which would be a 60% downside from its 29k ATH level.
Penafian

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