Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (16.34). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . AXSUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 64.
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76.46% profit... Total Profit: 76.46% Closed trade(s): 50.8% Profit Open trade(s): 25.66% Profit
Update Details:
Closed Profit: TP1 @ 17.69 touched at 07.29.2022 with 11.30% Profit. TP2 @ 18.53 touched at 07.29.2022 with 16.40% Profit. TP3 @ 19.58 touched at 07.30.2022 with 23.10% Profit.
11.30% + 16.40% + 23.10% = 50.8%
Open Profit: Profit for one trade is 17.94(current price) - 15.90(open price) = 12.83% 2 trade(s) still open, therefore total profit for open trade(s) is 12.83% x 2 = 25.66% All SLs moved to Break-even point.