Around two weeks ago, I made an analysis where I talked about AXS and the macro bullish channel it was trading in.
As indicated on my chart above, I was looking at the area where the price touched the channel's support.
As of today, we have reached the bottom of the channel, hopefully signaling a bottom. Risk-loving traders might want to make an early entry now. However, I'd advise waiting for a green 3-day candle to signal the bottom. Bitcoin is in a dire state at the moment, so there's enough reason to be cautious.
Really?! are u more sure? I bought 10000$ at 65$... I need more money for my baby :( in next month......
xackry
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@rarelami55588 the bullish flag may take 2 month - 10 month
itzfifson
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@rarelami55588, never trade with money you need nobody knows what the future holds just probabilities, my advice is to you is take that money and buy diapers, wipes, clothes ect for the baby, mugs ot chea lost they dam minds
kimstandgraph
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Nicely done
UnitedSignals
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I guess we have a similar view on that. Well done!
Michael_Winner
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Interesting view, I'm probably agree with your Axs
YMGroup
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Nice setup for axs thanks mate !
AtlasTrades
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Nice one! Awesome axs idea here! People should learn it before start trading