AXL ~ 2D #AXL We would say Bullish on this Token once it breaks the resistance line of this descending pattern.
AXL 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%...
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
#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...
AXL is experiencing a bullish surge, evident from recent price actions. Key indicators show strong momentum, but critical resistance levels lie ahead that will test the durability of this upward trend. Technical Insights 1. Support and Resistance Levels: • Immediate Support: The price recently found strong support around $0.5400. Holding above this level...
From where we entered "START" on the chart, AXL correction seems to have started. This correction seems to be a diametric. Now it seems that AXL intends to complete the F wave of this diametric. It can move from the green range of demand to the red range of supply. Closing a daily candle above the invalidation level will violate the analysis. For risk...
#AXL We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well We have a green support area at 0.800 after the price touched it and bounced from it We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher with a breakout Entry price...
NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence. Entry Point: Start accumulating once the price exceeds $0.97. Targets: Midterm Goal: 60% increase Long Term Goal: 170% increase Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer...
According to the structure of the waves, it seems that AXL is in wave D of a larger pattern. The green area is the place of buy/long positions and the red area is the place of sell/short positions. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
AXL bulls are back in control after the price found support at $1.05. The bulls were able to push the price up to $1.29, after forming a double-bottom pattern. Currently, AXLUSD is trading at $1.22. I am cautiously optimistic about the short-term outlook for AXLUSD. If the current price holds, the bulls could make another attempt to break through $1.29. If...