AXSUSDT is consolidating in a symmetrical triangle pattern. Breakout is imminent. Possible price actions are indicated on the chart.
AXSUSDT is printing an ascending triangle pattern. Breakout is imminent. Buy entry ⬆️ - breakout above the ascending triangle resistance. Target 🎯 - fibonacci extension levels / ascending channel resistance. Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
Currently buying the dark blue box, aiming for those objectives in chart.
AXSBTC BUY: 0.000027 – 0.000032 TARGET: 1) 0.00004278 2) 0.00005779 3) 0.00008207 STOP: Close below 0.000021 Price and RSI have broken local resistance and retested, turning it to support. Volume is increasing. Your risk, your reward. This is not financial advice.
AXSUSDT brokedown below the trendline support. Price is testing the 0.5 fibonacci retracement level. Price action is printing the head and shoulders reversal pattern. Sell entry ⬇️ - breakdown below the head and shoulders neckline support. Target 🎯 - Support levels.
This chart is mainly for educational and tracking purposes. AXSBTC could well offer a decent mid-term opportunity here.
Chart says it all, same kind of structure that a lot of alts have at this moment. Target 1 : 0.56$ Target 2 : 1$