AXSUSDT has gone into a downtrend phase since November 2021 and has fallen 93% from its high and currently the price is only 12.5.
On the global chart we see a strong drop that started at $160 and the price is slowing its fall around the $12 zone, we see the coin going into a consolidation phase and moving in a sideways range for 5 months.
On the local chart I have marked key elements such as a "downward wedge" and a limit support zone. The downward wedge is a bullish set up and we can see the price pushing back from the limit support level, breaking through the wedge resistance and forming an upward momentum.
I assume that the growth can continue in the distribution phase after the breakdown of resistance. Short-term target - resistance 15.05, medium-term target - liquidity zone 19.89
Regards R. Linda!
On the global chart we see a strong drop that started at $160 and the price is slowing its fall around the $12 zone, we see the coin going into a consolidation phase and moving in a sideways range for 5 months.
On the local chart I have marked key elements such as a "downward wedge" and a limit support zone. The downward wedge is a bullish set up and we can see the price pushing back from the limit support level, breaking through the wedge resistance and forming an upward momentum.
I assume that the growth can continue in the distribution phase after the breakdown of resistance. Short-term target - resistance 15.05, medium-term target - liquidity zone 19.89
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.