The AXSUSDT 4-hour chart indicates a significant bullish breakout from a descending triangle pattern, typically a continuation pattern but here suggesting a reversal.
The price has breached the upper trendline of the triangle, signaling a potential upward movement.
The target for this breakout is set at approximately $9.40, as depicted by the green highlighted...
Based on the provided chart for AXS/USDT on a 1-day timeframe from Binance, here's a detailed trading plan:
### Entry Point
- **Entry Zone**: Between 6.420 and 7.190 USDT
- This range represents a significant support zone where the price is likely to find buying interest.
### Target (Take Profit) Levels
- **First Target (TP1)**: 8.913 USDT
- This level is...
Hello there.
Big picture here. H&S Shoulder inverted.
We have many like it. Depend only of btc of course.
Don't hesitate to put order for new buy now or on the blue support.
x2 on here for target.
Upon reviewing the daily chart of AXS/USDT, several significant points and technical indicators can be highlighted for a comprehensive analysis.
Key Resistance and Support Levels:
Resistance 1 (R1): $8.453 - This is the first significant barrier where the price may encounter selling pressure.
Resistance 2 (R2): $9.783 - A higher level of resistance, which could...
Trade setup : Trends are mixed. Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines,...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About AXS
(Update)
The Descending Channel Formation In 12H Timeframe⚡️
Expecting Massive Bullish Wave When Breakout Occurs✍️
#AXS is moving in inside a descending channel and has broken the MA200 to the upside on the daily chart which is a bullish sign. Targets are:
$8.752
$9.571
$10.390
$11.556
$13.042
NYSE:AXS looks incredible good if this inverse head & shoulders fromation plays out. The price is currently on a -95% retracement from it's ATH, talking about barghain this could be once serious opportunity to buy cheap and make profits. If crypto bullrun continues, we could be ahead of a massive move incoming, target is 140 usd or the sky, if CRYPTOCAP:BTC ...
Trade setup : Trends are mixed. Price had a bearish breakout from a Descending Triangle pattern.
Swing Traders: could enter near $7.00 support and 200-day moving average, which should be a robust support zone, with +25% upside potential back to $9.00. Price is also getting oversold (RSI ~ 30), which means that we could see a brief bounce up near-term. Stop Loss...
This analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios.
📉🔺Parabolic Move and Symmetrical Triangle:
AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern.
This pattern indicates a period of consolidation and uncertainty...
