P_S_trade

AXS 12H We want to buy it, but now it's to expensive

P_S_trade Updated   
BINANCE:AXSUSDT   AXS / TetherUS
Today we will update the idea of ​​the AXSUSDT pair because the previous idea unexpectedly quickly worked out the upper targets.

Just look at the trading volumes, the abnormally strong interest around the NFT token of the Axie Infinity game — AXS, which means that we will often write ideas about it and trade on it.

However, now we need to understand: are they not selling out AXSUSD on highs at exorbitant prices?
To understand this, a correction is needed:
— If buyers stop the fall above $15.75, this means that there are a lot of people who want to buy and there is no time to correct, only growth is ahead)
— According to the technique, correction is needed in the range of $10-12, and if you know how to sit in a position for several months, then this is the first tasty purchase for you.
— If there is a negative phase in the market, then the fall will be even lower, to the $7-8 region, and this will be the second tasty buying zone for medium and long-term traders.

The indicative targets from above are $38 and $74, which we will adjust depending on the market situation.
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Trade closed: target reached

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