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Axle

#AXL/USDT#AXL The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 0.5000 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount Entry price is 0.5720 The first target is 0.7670 The second target is 0.9000 The third goal is 1.05
Long
by CryptoAnalystSignal
1
AXL 8R Trade Idea with Entry, Targets, and Stop LossAXL is down from entry and has tagged the previous weekly entry that sent price down 32% and then up 500% (47 cents entry to 32 cents low, and finally a rally to $2.7). Price has retraced this move back to the previous entry of 47 cents AND made another weekly entry at 57 cents. Targets based on the risk from that entry have been drawn. Yellow Stop loss of -20% is based on previous lows. Orange stop loss of -33% is based on how low price went after the previous weekly entry of 48 cents before the rally (-32% from weekly entry)
COINBASE:AXLUSDLong
by CryptoNFood