bowtrix

A second chance for AXS entry

Long
bowtrix Updated   
BINANCE:AXSUSDT   AXS / TetherUS
My last idea is going well. I spotted a big cup and handle pattern along with another small cup and handle pattern that gives us a good risk:reward trade here. The stop loss is below the big cup and handle, not the small one.

Note this is extra likely to work because it aligns with my Elliot Wave analysis as well as the pattern. You can also hold for a while instead of selling because AXS has great tokenomics and will do well over time.
Comment:
Comment:
Take profit levels: 1.95, 2.075.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.