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AXS5xShort/Tether

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AXSUSDT.5S trade ideas

AXSUSDT is inside a bullflagAXSUSDT is inside the bull flag A bullflag is a chart pattern that occurs in an upward trending market and is characterized by a period of consolidation or retracement within a parallel channel, creating a flag-like shape. The pattern is considered bullish as it often precedes a continuation of the uptrend. In this case, AXSUSDT is testing the 0.618 Fibonacci level inside a bullflag formation. The price has increased 63% since the previous idea after a clear breakout from a descending channel. Additionally, the price created an engulfing pattern on the daily support at the 10$ area, which could be a bullish signal, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
Can bulls do it?Hello every one Today i want to share my idea with u. On the 3-day time frame, we notice the intersection of the upper part of the descending channel with the red horizontal resistance This intersection (yellow zone) indicate a strong resistance for the bulls to break it Keep your eyes on it.👀 We expect a breakout to occur soon, and if this happens, we expect a strong rise of 300% Don't forget to support us with ur like and follow me for more updates.💙 Good luck👌
by ceciliones
5
AXS/USDT Breakout in process Hey Traders! Let's take a look at AXS/USDT pair here. After having a break of structure price of AXS went for a another attempt to breakout from that triangle formation. Currently we are waiting for cleaner breakout from current levels in order to have a nice bullish movement towards "weak high" zone If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
8
Keeping a close eye on Axie. Potential breakout comingAxie has been in a bear market since peaking in Nov 21 and is now currently testing the bear market trendline that has been a major resistance level for sometime now. My idea is with many cryptos rallying in price its highly probable that Axie can breakout of the downward trendline its currently up against. If a breakout does occur there is a strong possibility that the next resistance zone will be tested which is at approx $19 to $24. But beware that if price gets rejected from trendline resistance then we could see a retracement to the $8 zone or even major support (red line)
Long
by TheTradingHussle
2