#AXSUSDT 10x already, Is it over or more gas is left?
Updated
Welcome to this quick update.
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.
Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.
Since this coin has been going bananas you never know it can even break $30 in few days.
My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29
IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.
BREAK AND CLOSE BELOW $24 confirm the downtrend.
Stop Loss:- $30.25
DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.
Thank you
Stay safe
#PEACE
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.
Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.
Since this coin has been going bananas you never know it can even break $30 in few days.
My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29
IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.
BREAK AND CLOSE BELOW $24 confirm the downtrend.
Stop Loss:- $30.25
DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.
Thank you
Stay safe
#PEACE
Note
AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.
Next possible targets :
O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)
Move Stop Loss to $24.12 and hold the position.
If you want more setups like these every day, do hit the like button and share your views in the comment section.
Thank you
STAY SAFE
#PEACE
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.