This pump might finally breakout Axie out of this former Daily Support.
It's normal to expect a slight retracement right now, maybe to that green 4H Support. The 4H Support or the bottom of the green parallel channel is where I'll try to open position. So around 16.10-ish.
If my thesis holds, I'll aim for these targets: Target 1: 21.1 Target 2: 25.4
Change in volume is another interesting factor to keep an eye on.
This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice.
Happy Trades!
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