$AXS/USDT 1D (Binance Futures) Big ascending channel on support

Axie Infinity is up-trending and is almost ready for another leg-up, let's go for a patient entry here.
Current Price= 7.962
Buy Entry = 7.610 - 6.898
Take Profit= 9.798 | 13.278 | 20.869
Stop Loss= 5.553
Risk/Reward= 1:1.5 | 1:3.54 | 1:8
Expected Profit= +35.07% | +83.04% | +187.69%
Possible Loss= -23.45%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 2 months
Current Price= 7.962
Buy Entry = 7.610 - 6.898
Take Profit= 9.798 | 13.278 | 20.869
Stop Loss= 5.553
Risk/Reward= 1:1.5 | 1:3.54 | 1:8
Expected Profit= +35.07% | +83.04% | +187.69%
Possible Loss= -23.45%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 2 months
Operación activa
▶️AAXS/USDT 1D: Trade active, first entry filledNice dip catch for #AxieInfinity, already up ~20%, let's keep it this way!
Operación activa
▶️AAXS/USDT 1D: Second entry filled yesterday#AxieInfinity dipped further and bounced nicely today, let's wait for targets now!
Operación cerrada: precio stop alcanzado
🛑AAXS/USDT 1D: SL hit with -23.45% (1x) and -1R#AxieInfinity was going so well with up to +26.85% from entry, then lost 50MA support and went down for 100EMA retest.
Ascending channel is broken but it was able to bounce on that red TrendLine, still holding some in Spot!
Operación cerrada: objetivo alcanzado
TP3 would have been reached with +187.69%I don't know if you were still holding Axie Infinity but if it's the case, last target was finally hit.
This is how insane crypto can go, max loss held was -69.66% from entry, if you made it then you better Take Profit now!
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.