HEY, what's going on traders?!
In the last analysis that I posted for Axie infinity on Mar 31th, I exactly told you guys, that a possible massive drop more likely happen after hack news , and what happened next ?! . (about 84%๐ฐ (1x) short).
So today as you can see on the weekly timeframe for Axeusdt , it is already trading under pivot zone and VWAP line , and I personally cannot see any possible uptrend right now , which it means ,it can fall again on the lower support zone , and if it loses that zone so it can drop more on the lower zone , about 50% of Fibonacci level, but anyway if it be able to overcome the pivot zone so if can see the higher red zone as a resistance zone .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
In the last analysis that I posted for Axie infinity on Mar 31th, I exactly told you guys, that a possible massive drop more likely happen after hack news , and what happened next ?! . (about 84%๐ฐ (1x) short).
So today as you can see on the weekly timeframe for Axeusdt , it is already trading under pivot zone and VWAP line , and I personally cannot see any possible uptrend right now , which it means ,it can fall again on the lower support zone , and if it loses that zone so it can drop more on the lower zone , about 50% of Fibonacci level, but anyway if it be able to overcome the pivot zone so if can see the higher red zone as a resistance zone .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ