$AXS/USDT 1D (Binance Futures) Big ascending channel on support
Axie Infinity is up-trending and is almost ready for another leg-up, let's go for a patient entry here.
Current Price= 7.962
Buy Entry = 7.610 - 6.898
Take Profit= 9.798 | 13.278 | 20.869
Stop Loss= 5.553
Risk/Reward= 1:1.5 | 1:3.54 | 1:8
Expected Profit= +35.07% | +83.04% | +187.69%
Possible Loss= -23.45%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 2 months
Current Price= 7.962
Buy Entry = 7.610 - 6.898
Take Profit= 9.798 | 13.278 | 20.869
Stop Loss= 5.553
Risk/Reward= 1:1.5 | 1:3.54 | 1:8
Expected Profit= +35.07% | +83.04% | +187.69%
Possible Loss= -23.45%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 2 months
Trade active
▶️AAXS/USDT 1D: Trade active, first entry filledNice dip catch for #AxieInfinity, already up ~20%, let's keep it this way!
Trade active
▶️AAXS/USDT 1D: Second entry filled yesterday#AxieInfinity dipped further and bounced nicely today, let's wait for targets now!
Trade closed: stop reached
🛑AAXS/USDT 1D: SL hit with -23.45% (1x) and -1R#AxieInfinity was going so well with up to +26.85% from entry, then lost 50MA support and went down for 100EMA retest.
Ascending channel is broken but it was able to bounce on that red TrendLine, still holding some in Spot!
Trade closed: target reached
TP3 would have been reached with +187.69%I don't know if you were still holding Axie Infinity but if it's the case, last target was finally hit.
This is how insane crypto can go, max loss held was -69.66% from entry, if you made it then you better Take Profit now!
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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.