AXS is one of the top gainers of the last few months, surging over 3000% in value. After hitting $150 recently, AXS traded in a prolonged bearish channel.
As of earlier today, bullish volatility has returned and AXS broke out of the bearish channel, making it a bull flag break out.
There's a decent chance that we're going to touch the current ATH again, around $150. This is assuming that BTC will trade relatively stable in the coming day or so.
In case of a strong move like we've seen before, expect $175 in the coming days.
Happy trading!
As of earlier today, bullish volatility has returned and AXS broke out of the bearish channel, making it a bull flag break out.
There's a decent chance that we're going to touch the current ATH again, around $150. This is assuming that BTC will trade relatively stable in the coming day or so.
In case of a strong move like we've seen before, expect $175 in the coming days.
Happy trading!
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