April 27, 2026

AXSUSDT – Weekly Technical Analysis Update

AXSUSDT - Weekly Technical Analysis Update

AXSUSDT - Weekly Technical Analysis Update

AXSUSDT – Weekly Technical Analysis Update

AXS / TetherUS BINANCE:AXSUSDT
ForecastCity_World


AXSUSDT - Weekly Technical Analysis Update

Midterm forecast:
While the price is above the support 37.6000, beginning of uptrend is expected.
We make sure when the resistance at 91.0875 breaks.
If the support at 37.6000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:
There is a divergence in RSI and price between the trough at 44.42 on 2022-01-24 and the trough at 41.9 on 2022-02-24, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI resistance #1 at 51 is broken, so the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 41.9000 on 02/24/2022, so more gains to resistance(s) 65.1427, 83.0000 and maximum to Major Resistance (91.0875) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 68.

Take Profits:
65.1427
83.0000
91.0875
111.6055
120.4969
138.8161
166.1540
220.0000

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?

Now, It’s your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️

Previous Article

Market Review

Next Article

Bitcoin Next move

You might be interested in …

**BTCUSD** Update

**BTCUSD** Update

**BTCUSD** Update Bitcoin / U.S. dollar BITSTAMP:BTCUSD Jgooodman My levels and Bias remain unchanged, Volumes also indicating overall interest still is not there. Please refer to past post

Sell ETH

Sell ETH

Sell ETH ETH/USD COINBASE:ETHUSD CableTraders My last analysis was deleted because I advertised a group– my bad. Sorry mods. I am in the sell on ETH. I believe we are in distribution phase around the […]