Fundamentals have favoured AXIE lately and it is one of the reasons why AVAX has been trending.
if you look back to 3 days ago, there was a bullish pin-bar and this also points towards some bull run.
With my analysis at the CMP of which I took some buy positions. I feel AXIE may rally to m $60 zone. However, if the push up can break through the $60 which is also where the descending trendline is, it may rally to FIB 23.6 level to hit the $80 target.
NOTE: Please trade with care
YOUR LIKE, FOLLOW, COMMENTS AND CRITIQUE WILL BE APPRECIATED.
if you look back to 3 days ago, there was a bullish pin-bar and this also points towards some bull run.
With my analysis at the CMP of which I took some buy positions. I feel AXIE may rally to m $60 zone. However, if the push up can break through the $60 which is also where the descending trendline is, it may rally to FIB 23.6 level to hit the $80 target.
NOTE: Please trade with care
YOUR LIKE, FOLLOW, COMMENTS AND CRITIQUE WILL BE APPRECIATED.
Comment:
Buy TP target at $60 achieved. if you had entered a by at $48, you should have cashed out 25% of your investment in profit.
Comment:
$60 Buy profit target was achieved before the fall continued. This asset is respecting the resistance trendline.