$AXS/USDT 2h (Binance F.)Falling broadening wedge break & retest
Axie Infinity Shard has pulled back of the local break-out and looks good for a bounce here resuming the up-trend.
Current Price= 65.26
Buy Entry = 64.70 - 62.78
Take Profit= 68.64 | 73.55 | 79.43
Stop Loss= 59.64
Risk/Reward= 1:1.2 | 1:2.39 | 1:3.83
Expected Profit= +15.38% | +30.78% | +49.24%
Possible Loss= -12.86%
Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 65.26
Buy Entry = 64.70 - 62.78
Take Profit= 68.64 | 73.55 | 79.43
Stop Loss= 59.64
Risk/Reward= 1:1.2 | 1:2.39 | 1:3.83
Expected Profit= +15.38% | +30.78% | +49.24%
Possible Loss= -12.86%
Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active
First entry filledAxie Infinity Shard dipped almost filling 2nd entry and instantly bounced back, interesting bull reaction so far!
Trade closed: target reached
TP1 reached with +15.38% (2x) and +1.2RAxie Infinity Shard bouncing back very strong on 100EMA like nothing happened, nice!
Trade closed: target reached
TP2 would have been reached with +30.78% (2x)Axie Infinity Shard is bouncing back, unfortunately we got kicked out at 2nd entry then stop was hunted.
If you were still holding manually, that's a nice profit you can take now and move SL to 1st entry (64.70$)
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.
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.