$AXS/USDT 12h (#Bybit) Ascending triangle breakout and retest
Updated
Axie Infinity Shard is pulling back to 50MA support, a bounce leading to another bullish move towards 200MA resistance seems likely.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.3X)
Amount: 7.0%
Current Price:
7.665
Entry Targets:
1) 7.310
Take-Profit Targets:
1) 9.725
Stop Targets:
1) 5.695
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +42.95%
Possible Loss= -28.72%
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.3X)
Amount: 7.0%
Current Price:
7.665
Entry Targets:
1) 7.310
Take-Profit Targets:
1) 9.725
Stop Targets:
1) 5.695
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +42.95%
Possible Loss= -28.72%
Trade closed: target reached
Closed with +0.2RAxieInfinityShard bounced way lower than expected, almost stopping us out.
Now back in slight profit, let's close here and wait for a clearer opportunity!
Comment
TP would have been reached with +1.5RAxieInfinityShard regained 200MA and went for original target after all, if only we stuck to the plan...
If you held that far, we highly recommend to Take Profit and wait for a new opportunity!
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