AXSUSDT for BINANCE: AXSUSDT by MarsSignals – Technische Analysis – 2023-01-09 00:31:42

Hi crypto lovers,

Mars signs team wishes you big victories.

This is a 4 hour time frame analysis AXSUSDT

R1 is at the top and it is resistance range Which represents the probability of a price increase. And S1 and S2 are the two support areas that clearly show price support. Thus, we have a fluctuation in the price below the R1 area, and there will be an expectation that it will fall until it reaches S1. Here we have to wait for some confirmation candles to rise. Then an increase to R1 or higher is expected. It is also possible that the price will lose support, drop below S1, and head towards S2 area. It is highly recommended to activate stop-loss points due to the unstable situation in the market.

Warning: This is just a suggestion and we don’t guarantee any winnings. We advise you to analyze the chart before opening any positions.

I wish you good luck

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