AXS / Bitcoin
Long
Updated

$AXS/BTC 3h (Binance Spot) Descending triangle break and retest

382
Axie Infinity has broken bullish and is now retesting the triangle, let's enter here.

Current Price= 0.00012764
Buy Entry= 0.00012689 - 0.00012069
Take Profit= 0.00015303 | 0.00017582 | 0.00021946
Stop Loss= 0.00010427

Risk/Reward= 1:1.5 | 1:2.67 | 1:4.9
Expected Profit= +23.62% | +42.03% | +77.28%
Possible Loss= -15.77%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Trade active
All entries filled

Axie lost 100EMA support but bounced a bit lower anyway, let's stick to the plan.

snapshot
Trade closed: target reached
TP2 reached with +42.03% and +2.67R

Axie pumped and almost hit last target, then retraced down a bit but still in play.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.