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Yuriy_Bishko
Oct 25, 2021 8:19 AM

AXS - going to break through this trendline❓🤔 Long

AXS / TetherUSBinance

Description

AXS has been trading in the $120-$140 range for quite some time. Additionally, it is worth noting that a narrowing of the trading range is taking place. It means that a strong momentum is coming and it is likely to be upward. A good buying opportunity would be a squeeze and a breakout.

Write in the comments all your questions and instruments analysis of which you want to see.

Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.

P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

Comment


put your stop loss at breakeven

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Comments
jmancharts
Update?
mnc5
@Yuriy_Bishko, thanks for analysis. What do you think might be the top price for AXS within thi market cycle ?
trytofeelpositive
Muzaaa
THX. Ive missed this one. I'm leveregaded in RUNE, LUNA, AVAX, VET, ENJ, ADA, XRP, MATIC
thebubu
Yuriy, you are an angel! ;)
fredatal
Thanks Yuriy,
In these circumstances where there is no squeeze like how you describe, and an immediate breakout soon , what's your opinion.
I note that you often talk about a squeeze, but funny enough, it more likely has a breakout very soon after you post these sorts of analysis.
Thanks very much for any feedback you can provide.
fsgella2019
Yes there is a potential breakout
AmeFX1993
Thanks for the update, i m already on long on this trade and currently running on profit!
CASTECHONE
What is your take on SKL, if you have time? Thanks.
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