AXSBTC
AXSUSD (AXS) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- AXSUSD is consolidating in a symmetrical triangle pattern.
- Price is retesting the symmetrical triangle's inclined support.
- The minor downtrend is resisted by the descending trendline resistance.
- Price action is printing an ascending triangle pattern at the retest area.
- An ascending triangle pattern is a bullish build up pattern.
- There's is a bounce off potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance and the descending trendline resistance.
TARGET 🎯
- Symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
AXS UPDATE #3Almost 50% UP since shared days ago, currently price fighting against main resistance at ATH, if we get to close and consolidate above, I will rebuy part aiming for those objectives in chart. If price is not able of closing above, we might see a retest of 3.6K-3.4K area, where I will be looking to buy aiming again for the main ATH resistance, and hoping for a break.
AXSUSDT - Potential breakout 🔼AXSUSDT is printing an ascending triangle pattern.
Breakout is imminent.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - fibonacci extension levels / ascending channel resistance.
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.