#AXSUSDT 10x already, Is it over or more gas is left?

15 jul 2021

Welcome to this quick update.
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.

Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.

Since this coin has been going bananas you never know it can even break $30 in few days.

My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29

IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.

BREAK AND CLOSE BELOW $24 confirm the downtrend.

Stop Loss:- $30.25

DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.


Thank you


Stay safe


#PEACE

16 jul 2021

Nota

AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.

Next possible targets :

O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)

Move Stop Loss to $24.12 and hold the position.

If you want more setups like these every day, do hit the like button and share your views in the comment section.

Thank you


STAY SAFE

#PEACE