$AXS/BTC 3h (Binance Spot) Descending triangle break and retest
Updated
Axie Infinity has broken bullish and is now retesting the triangle, let's enter here.
Current Price= 0.00012764
Buy Entry= 0.00012689 - 0.00012069
Take Profit= 0.00015303 | 0.00017582 | 0.00021946
Stop Loss= 0.00010427
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.9
Expected Profit= +23.62% | +42.03% | +77.28%
Possible Loss= -15.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Current Price= 0.00012764
Buy Entry= 0.00012689 - 0.00012069
Take Profit= 0.00015303 | 0.00017582 | 0.00021946
Stop Loss= 0.00010427
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.9
Expected Profit= +23.62% | +42.03% | +77.28%
Possible Loss= -15.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active
All entries filledAxie lost 100EMA support but bounced a bit lower anyway, let's stick to the plan.
Trade closed: target reached
TP2 reached with +42.03% and +2.67RAxie pumped and almost hit last target, then retraced down a bit but still in play.
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