irCryptoClub - AXS/USDT
Updated
AXS/USDT
According to the previous analysis, the price has moved towards the resistance of $ 28 and has now stabilized in this range
Looking at the 4-hour timeframe, considering the channel from the previous moving ceiling, the range of $ 28 to $ 32 was an important resistance range for this currency and the price is expected to correct soon.
By reviewing the chart in terms of time, the predicted correction will occur in the next 2 weeks and will move towards higher goals again
Accordingly, selling at current prices is reasonable, and as long as the price is below $ 32, buying it will be risky.
If the price stabilizes above the mentioned resistance, the analysis will be updated
According to the previous analysis, the price has moved towards the resistance of $ 28 and has now stabilized in this range
Looking at the 4-hour timeframe, considering the channel from the previous moving ceiling, the range of $ 28 to $ 32 was an important resistance range for this currency and the price is expected to correct soon.
By reviewing the chart in terms of time, the predicted correction will occur in the next 2 weeks and will move towards higher goals again
Accordingly, selling at current prices is reasonable, and as long as the price is below $ 32, buying it will be risky.
If the price stabilizes above the mentioned resistance, the analysis will be updated
Trade closed: target reached
According to the price analysis, after reaching the $ 28 target and reacting to this range, it has entered a correction of almost 50% and is now close to the specified support.Given the market conditions, if we react to the range of $ 13, we are expected to see a few positive waves in low timeframes and the price moves towards $ 18.
Please consider the $ 12.40 loss limit if you repurchase
Trade closed: target reached
As expected, it reached the range of $ 18 ...In response to this range, the price is expected to move back to the support range around $ 13
If the price crosses the $ 19.50 range, it will lose its credit analysis and will be updated again
Trade active
By crossing the $ 19.50 range, the previous short-term analysis has lost its validity and we are witnessing the continuation of the upward trend of this currencyAs long as the price is above $ 23, it is prone to growth and will move in the direction of the previous 4-hour analysis with a target of $ 40.
In case of repurchase, observe the loss limit of $ 22.30
Trade closed: target reached
Over the past few months, initially priced at $ 8, hair-to-hair, with repeated analysis and updates, has finally reached the $ 119 target and has grown by about 1500% (15 times) so far.
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Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/CryptoClub_Technicalanalyst
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