AXS / TetherUS
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๐Ÿ”ฅ AXS Dying Quickly: Where's The Bottom?

A couple of weeks ago I made an analysis on AXS where I discussed the bear-flag pattern it was trading in. After a final break out of the support area AXS fell quick and has reached both of my bearish targets.

๐Ÿ”ฅ AXS Holding: For How Long?


In my view, AXS can still fall further and the bottom is not in yet. I'm looking at a $6.5 target for the coming weeks, potentially even $3.5 if we're going to see some kind of capitulation. $3.5 would make a decent case for a bear market bottom, but we'll see by then.
Chart PatternsTechnical IndicatorsTrend Analysis

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