Axsusdtbuy
AXSUSDT heads towards weekly support, long favorable from thereAnalysis Type: HTF
After losing the previous weekly support, the price seems to be heading towards weekly support WS1. This is a level where price should find support. This should be a place to go long after the long failure from the last weekly support which is lost now. The price is currently consolidating after a big drop. The next support level after weekly support WS1 is weekly support WS2 which I believe we should not see at least in near future but keeping that into account as we want to be ready when that opportunity comes.
AXS on weekly support, likely to bounceThe price has once again hit the weekly support zone. It may go deeper or breach the zone briefly, but I expect it to hold here and bounce towards weekly resistance. There are some daily resistances on the way up to weekly resistance and may hold the price in between.
AXSUSDT - Bouncing From Strong Support | +25% Move ExpectedAXSUSDT - Bouncing From Strong Support | +25% Move Expected
AXSUSDT is now trading on its very strong support zone 17.62 and has created a Morning Start Pattern.
We can open a long position now;
Entry: 18.42 - 18.65
TP1: 19.50
TP2: 20.57
TP3: 21.84
Final Target: 23.56
Low Risk: 17.56 | 4.67%
High Risk: 16.20 | 12.5%
Expected ROI: 25% - 27%
NOTE: Do your own analysis. Take a low risk. Do proper risk and money management. Respect your stop loss.