Looking for a Bull Flag breakoutHello Friends!
If Axie Infinity can breakout from this bull flag, I like it to target 2 price points:
-$81.93
-$88.97
For this to have a chance to happen, it needs to hold above $64.50.
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*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
AXSUSDT trade ideas
AXS - Buy it when break out this lineBYBIT:AXSUSDT
4H trend chart
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AXS is consolidating and converging.
It's good for it to accumulate around $65
If price can break out the downtrend line, trading strategy as bleow.
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Profit Targets:
a) 74.5----Fib(1)
b) 80.995~83.625----Fib(1.272~1.382)
c) 89.260----Fib(1.618)
d) 98.385----Fib(2)
Stop losses:
a) 10.882-----Red horizontal ray
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Axie created a triple bottomaxie triple bottom let's goooo. resistance and support marked on chart. will we make a run to ath? let's hope btc stays bullish. not a financial advisor do your own research. the king paves the way. always use low leverage. always use stop loss and have an exit strategy. good luck and like/follow if you liked my chart.
AXS/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The counts were a bit off; wave 5 top was a lot lower and we've been correcting since then. The bottom also went a lot lower than predicted. We should be moving back up to the bigger wave (3) cycle.
AXS/USDT Longs into $84Good long opportunities for AXS to play into these levels here between $65 and $49. We have a nice choCH on these lows here on this daily demand level so it could be a great opportunity to take some longs up once inefficiency or POI gets mitigated and we have some lower TF confirmation for longs.
