Axie Infinity Eternal Uptrend vs Correction, Bullish Jump Ahead!
AXS / Bitcoin BINANCE:AXSBTC
Here is one of those Altcoins with an “Eternal uptrend”.
We can see the classic 5 wave count from our friend R.N. Elliot , followed by an ABC correction that landed at EMA50 and/or the 0.618 Fib. retracement level for the last bullish wave.
This can signal that a new jump is about to take place.
Zoom in on the correction:
We can see the descending channel being broken.
EMA50 working as support.
The new +1 count on the TD sequential,
A this weekly candles bullish jump.
How do you like it?
Thanks a lot for the continued support.
Namaste.
