$AXS/USDT 4h (Binance Fut.) Ascending broadening wedge breakdown
Axie Infinity Shard brutally lost local support and has now pulled back to it, looks like a bearish retest.
Current Price= 70.03
Sell Entry = 70.32 - 73.38
Take Profit= 64.14 | 58.62 | 51.72
Stop Loss= 78.57
Risk/Reward= 1:1.15 | 1:2 | 1:3
Expected Profit= +21.46% | +36.96% | +56.04%
Possible Loss= -18.70%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 70.03
Sell Entry = 70.32 - 73.38
Take Profit= 64.14 | 58.62 | 51.72
Stop Loss= 78.57
Risk/Reward= 1:1.15 | 1:2 | 1:3
Expected Profit= +21.46% | +36.96% | +56.04%
Possible Loss= -18.70%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade ist aktiv
First entry filledAxie Infinity Shard is revisiting the broken wedge & 100EMA, still expecting a bounce down from here.
Trade geschlossen: Ziel wurde erreicht
TP1 reached with +21.46% (2x) and +1.15RAxie Infinity Shard respected the supply zone properly and got rejected on 100EMA.
First target was hit twice already, SL moved to 2nd entry now (73.38$).
We trade what we see and not what we want to happen, results speak for themselves.
Trade geschlossen: Ziel wurde erreicht
TP2 reached with +36.96% (2x) and +2RAXS got rejected on 100EMA again and kept diving as predicted!
Took most of the profit here and updated SL to 1st entry (70.32$) for remaining position.
Trade geschlossen: Ziel wurde erreicht
TP3 reached with +56.04% (2x) and +3RAxie Infinity Shard achieved all target on time, we must say that was a pretty accurate short!
Trade is fully closed now, waiting for reversal pattern to form before trying to long it back-up.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.