Bull Flag GOES BOOM Still need at least 4hr or 8hr close above this level to confirm in my opinion - target of the bull flag is roughly $230
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AXSUSDT
AXSUSDT - Buying time?BYBIT:AXSUSDT
4H trend chart
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AXS is converging in a triangle.
If price can take out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 155.610----Fib(1)
b) 184.965~196.835----Fib(1.272~1.382)
c) 263.525----Fib(2)
Stop losses:
a) 116.0458-----Red horizontal ray
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#AXIEINFINITY #AXS 4H TECHNICAL ANALYSIS
Due to the long-term uptrend channel and the formation of the triangle pattern, as well as approaching one of the levels of the uptrend channel, due to the help of Fibonacci, there is an expectation of price growth to one of the following TARGETS.
TARGET1: 165
TARGET2: 188
TARGET3: 210
STOPLOSS: 110$
ENTRY : 128-122
TIME: 1-3W
AXS - Watch Out For The Next Impulse 👀AXS has been giving has incredible impulses recently. We are currently in a tidy correction and watching for a breakout.
Trade Idea:
Watch for a clean break of the descending trendline and enter with stops below the correction. First targets being the recent highs and second target being the same size impulse as the first, which would take us to the 200 level.
AXS LONG TRADE - AXIE INFINITY Our favourite volatile trading alt finally broke up from the symmetrical triangle and ready to retest ATH!
Take profit in three stages, TP1 $155 (ATH). If bulls take charge and momentum continues then next targets are TP2 $171, TP3 $232
*NOT FINANCIAL ADVICE
**ONLY TRADE WHAT YOU CAN LOSE