Helical_Trades

AXS/USDT : Same similarities on flags

Long
BINANCE:AXSUSDT   AXS / TetherUS
AXSUSDT
Hello everyone 😃
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#AXS is moving in a bullish flag and the movement shows some similarities based on recent movements fractal.
- The recent formed bullish flag.
- Double mores Flag poles.
- Same Demand bases and reactions.
- Same failed attempt on different market structures.
- Lowered the price level after on 4rd failed attempt.
- Same range zones on BTC's pair.

The higher Notes are the similar factors on the current bullish flag formation with the last one !
Based on the repetition; We may see a rejection on the current bullish flag and see the continuation of upward movement after it.
But there'll be other option as we talking, A breakout above the bullish flag and according to our historical fractal, Our minimum target for this bullish flag will be $186.41 and set $246.82 as our final target...

📚 However AXS/BTC has found a Demand zone and support on below, and It can surge to the higher levels too :
#AXS has moving above a 12H's Demand zone and it can outperform #BTC after a successful retest, Although any breakdown below the demand zone, Can be fake because of range's lower.

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@Helical_Trades

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