AXS / TetherUS
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AXSUSDT is creating a huge descending channel

1 252
The price has recently bounced off the 0.786 Fibonacci level, which is considered to be a potential level of support or resistance.

The statement indicates that the trader is waiting for a breakout from the channel, which could potentially signal a new long position according to Plancton's Rules, a set of guidelines for technical analysis.

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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Nota
syot kilat
the price needs to create a breakout from the daily resistance!
Nota
Waiting for it
syot kilat
Nota
the price is testing the daily support after the breakout as expected!
syot kilat
Nota
nice bullish impulse, the price needs to flip the weekly resistance
syot kilat
Nota
Testing the Weekly right now
syot kilat

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.