AXS / TetherUS
Diupdate

AXSUSDT is inside a bullflag

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AXSUSDT 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
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐
Catatan
no breakout so far
cuplikan
Catatan
Waiting for the breakout
cuplikan
Catatan
8%
cuplikan

Pernyataan Penyangkalan

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