Use advanced tools to confirm the Double Bottom on AXS before you trade.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Market participants tracking Axie Infinity should note the latest formation. With a last close of $1.2, volatility remains active (-0.0%). Price action has carved out a classic Double Bottom. Volume is average (0.65x avg) with moderate trend strength (34.2). A potential breakout level is identified at $1.75, targeting $2.41 with support near $1.42 (R:R 2.0).
What is your outlook on AXS?