AXSUSDT trade ideas
Can bulls do it?Hello every one
Today i want to share my idea with u.
On the 3-day time frame, we notice the intersection of the upper part of the descending channel with the red horizontal resistance
This intersection (yellow zone) indicate a strong resistance for the bulls to break it
Keep your eyes on it.👀
We expect a breakout to occur soon, and if this happens, we expect a strong rise of 300%
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Good luck👌
AXS/USDT Breakout in process Hey Traders!
Let's take a look at AXS/USDT pair here. After having a break of structure price of AXS went for a another attempt to breakout from that triangle formation. Currently we are waiting for cleaner breakout from current levels in order to have a nice bullish movement towards "weak high" zone
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Keeping a close eye on Axie. Potential breakout comingAxie has been in a bear market since peaking in Nov 21 and is now currently testing the bear market trendline that has been a major resistance level for sometime now.
My idea is with many cryptos rallying in price its highly probable that Axie can breakout of the downward trendline its currently up against. If a breakout does occur there is a strong possibility that the next resistance zone will be tested which is at approx $19 to $24.
But beware that if price gets rejected from trendline resistance then we could see a retracement to the $8 zone or even major support (red line)
🔥 AXIE Bear Trend Ending Break OutAXS is currently closing in on the bear market resistance line, which has been holding since November 2021.
With the whole market going up rapidly, I think it's to be expected that AXS will soon break through this resistance. Be patient for the break.
Targets in blue.