Axie Infinity breaking above inverse head and shoulders neckline

9 Mar

As with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over from the meme coins and may even do so here soon. *not financial advice*

28 Nis

Not

Dipped back below the enckline will need to readjust the measured move line to wherever it eventually breaks up from.

29 Nis

Not

In correcting where it did it also now created a higher more horizontal neckline which should eventually give axie infinity a higher 2nd measured move target once it heads towards the original target.