Hi Traders, Hope you all are doing well, Here is my AXSUSDT setup, which is showing an upside potential of 42% from the current market price. This analysis is based on a fib retracement and Elliot wave. At present we are testing 50% retracement from the previous lows and awaiting an impulsive wave 5. CMP: 59.10 TP: 85 (42%) SL: 50 (15%) RR: 2.8 Happy Trading :)
Hello Traders, I feel we are in a continuing wave B of corrective phase. I expect the BTC to test the 0.5-0.618 levels of 44.2k and then continue its way back in 41k zone.