Hi everyone here is my TA on AXS/USDT on a 1h TF 07/17/2021 @ 7:16PM
- You will see a parallel channel ( large one ) which is an uptrend - It broke down the lower trend line and complete a retest and got a rejection - Then it continue to make a lower movement - I'm seeing a similar pattern here but the difference, it's on down trend - It can continue to go down further, possible target after 19usd is 17usd - It can follow the parallel channel downward, unless we got a breakout, that would change the idea.
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