Short AXS

AXS is one of the first and the biggest play-to-earn cryptos.

Will it come back to where it'd started its rally last year to made x30 times in just a few months?

AXS is loosing its long-term weekly trendline. Although we will need some days to confirm this break-down but we can short AXS here because in 2D TF, AXS's already broken the local trendline.

Moreover, the MFI has also broken the trendline showing that buyer's sentiment is no longer good to prevent it falling more.

Yorum:

AXS leads the way down, almost 10% profit since yesterday.
Losing the longterm weekly trendline has bad effect on strength of this crypto.

Yorum:

AXS continues to go down.
14% of profit so far.