Axis has been ranging and consolidating for over 6 months now and has been making some bullish high volume moves lately. It could still drop another dollar to previous lows and be bullish from there; but I anticipate it making a higher low before then. BTC looks like
25K
support, so that could help fuel an alt rally. First target in the $9-10 range; but it could go much higher, The all time vwap is in the 30s which I will show in the macro chart below.
Commentaire:
Weekly stoch oversold, RSI flattening at 40, near the bottom of the 6-7 month range. Should be worth a scalp at least, but could turn into a triple or quadruple bagger.
