Axie Infinity (Binance: AXSUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, AXS began a red wave one advance on November 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 15 and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, AXS should be heading next towards the November 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Axies are fierce, fantasy pets that you can battle & collect while earning crypto. CAGYJAN made an Axie tutorial back in September.
How Will Axie Infinity Trade?
Axie Infinity (Binance: AXSUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
AXS will takeout the November 15 peak
AXS will drop below the November 4 low
AXS will stay in a trading range between the November 4 low and the November 15 peak until January 6, 2021
AXS will stay in a trading range between the November 4 low and the November 15 peak until January 6, 2021