Unfortunately, the global correction of cryptocurrency is not over yet. The weekly timeframe shows that the price stop in the $18-$23 range is a temporary stop. The main target of sellers is $11.5. This is the only liquidity level that is noticeable on the weekly timeframe after the $46 mark. AXS uncorrected growth had its advantages. Now stopping the wave of November 2021 is just as difficult, as there are no big buyers willing to buy AXS together in one place on the chart. Therefore, even if the AXS price rebounds from $18-$23 to $32, we will expect the downward trend of this cryptocurrency to continue. https://www.tradingview.com/x/HjaHHWYL/ If you look at the trend channel of the cryptocurrency AXS, you can conclude that the price fall is beginning to accelerate. While trading volumes remain small. The only trading week that gave hope to AXS investors – from 9 May. Slightly increased volumes and a large pin down gave buyers a chance to counterattack. Though, this counterattack was not realized. Therefore, if you are looking for where to buy AXS cryptocurrency – you should place limit orders in the range of $10-$11. Technical Analysis AXS On The Daily Timeframe https://www.tradingview.com/x/MUsSBUS1/ In addition to the global initiative, which buyers have lost since November 2021, the local initiative has also been lost. On the daily timeframe you can see that during 11-12 May the range is $19-$19.5. This range proved its i...
