$AXS/USDT 4h (KuCoin) Descending trendline break & retest

Aktualisiert
Axie Infinity Shard looks good for bullish continuation inside the parallel channel after that reaction on 100EMA.

Current Price= 78.030
Buy Entry = 77.835 - 74.549
Take Profit= 85.936 | 94.426 | 104.592
Stop Loss= 68.948

Risk/Reward= 1:1.35 | 1:2.52 | 1:3.92
Expected Profit= +25.58% | +47.86% | +74.54%
Possible Loss= -19.02%

Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Trade ist aktiv
First entry filled

Axie Infinity Shard already bounced back +12.20% (2x) since called, that's a good start.

Snapshot
Trade ist aktiv
Second entry filled

Axie Infinity Shard dipped more revisiting 100EMA, still respecting the plan so far, waiting for bulls to step back in!

Snapshot
Trade geschlossen: Stop wurde erreicht
SL hit with -19.02% (2x) and -1R

Axie Infinity Shard lost support and dived a lot, at least we took the loss early!
If you are still in, now would be the time to close until a new bullish formation is created.

Snapshot
axieaxieinfinityaxieinfinityshardAXSAXSUSDTkucoinroninSLPsmoothlovepotionTrend Analysis

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