Axie Infinity (AXS) - Trade Stocks

Axie Infinity (AXS)

By Thu, Oct 21, 2021

Crypto is hotter than ever, with Bitcoin leading the charge by breaking through that $63,000 level to new all-time highs just a few months after its recent collapse.

But that’s not what we’re looking at today…

We’re looking at an even better opportunity in today’s Chart of the Week…

Axie Infinity (AXS).

So long as it’s above $124 we are long, with a target of $170.

Great momentum, great strength, great sector.

And as always, minimum risk to maximum reward.

Til next week, good trading,

JC Parets

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About the Author

JC Parets, founder of All Star Charts, specializes in finding the most opportunistic risk vs. reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few. JC begins with a long-term global macro perspective and then works his way down to the individual sector and industry level before ultimately isolating the stocks that best portray a particular thesis. Price is the most important technical indicator, but JC uses supplements such as Momentum, Relative Strength, and Fibonacci analysis to complete the process.