Hi dear patrons, hope you are well and welcome to the new update on Axie Infinity (AXS) token with Bitcoin pair.
After the successful formation of Gartley pattern now again on the daily chart, the price action has formed final leg of bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00014507 to 0.00012855 btc
Sell between: 0.00015808 to 0.00018931 btc
Stop loss:
The maximum extent of potential reversal zone to to 0.00012855 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 47% and a loss possibility is 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
After the successful formation of Gartley pattern now again on the daily chart, the price action has formed final leg of bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00014507 to 0.00012855 btc
Sell between: 0.00015808 to 0.00018931 btc
Stop loss:
The maximum extent of potential reversal zone to to 0.00012855 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 47% and a loss possibility is 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade