30.09.2022

2141

1 min

AXS (1D)

On the daily timeframe, one can notice a breakout of the local downtrend. The breakout could be considered perfect if today’s daily candle closes above the downtrend. A possible breakout of the downtrend does not mean that the asset will move to growth. The coin will likely be sideways for some time.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

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