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Axlanalysis

The Banana Zone Series - AXL Buy the Dip Levels (10 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone. We continue the series with Axelar ( NYSE:AXL ). As you can see in my analysis, pull backs to $0.7397 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season. For more aggressive traders, $0.76 and below can be the trigger longs with tight stops. Not a financial advice so DYOR.
by CryptoBreakers
AXL 8R Trade Idea with Entry, Targets, and Stop LossAXL is down from entry and has tagged the previous weekly entry that sent price down 32% and then up 500% (47 cents entry to 32 cents low, and finally a rally to $2.7). Price has retraced this move back to the previous entry of 47 cents AND made another weekly entry at 57 cents. Targets based on the risk from that entry have been drawn. Yellow Stop loss of -20% is based on previous lows. Orange stop loss of -33% is based on how low price went after the previous weekly entry of 48 cents before the rally (-32% from weekly entry)
COINBASE:AXLUSDLong
by CryptoNFood