AXS/USDT (6H) – Downtrend Resistance Test in Progress
Pattern: Descending Trendline Breakout
Timeframe: 6-Hour ⏱️
Pair: AXS/USDT 💱
Published: June 11, 2025 📅
Technical Overview:
AXS/USDT is approaching a key descending trendline that has capped price action since early June. Price is testing this dynamic resistance and showing signs of potential breakout momentum 📈
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and 6H candle close above 2.800–2.850
Targets:
* TP1: 3.000–3.100 🎯
* TP2: 3.300–3.400 🎯
Stop-loss: Below 2.600–2.650 🛑
Risk Management ⚠️
Wait for volume confirmation to avoid fakeouts. Rejection at the trendline could lead to more downside or consolidation.
Conclusion:
AXS is at a critical resistance zone. A clean breakout above the trendline may lead to a bullish reversal and upside continuation 📊🔍
Pattern: Descending Trendline Breakout
Timeframe: 6-Hour ⏱️
Pair: AXS/USDT 💱
Published: June 11, 2025 📅
Technical Overview:
AXS/USDT is approaching a key descending trendline that has capped price action since early June. Price is testing this dynamic resistance and showing signs of potential breakout momentum 📈
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and 6H candle close above 2.800–2.850
Targets:
* TP1: 3.000–3.100 🎯
* TP2: 3.300–3.400 🎯
Stop-loss: Below 2.600–2.650 🛑
Risk Management ⚠️
Wait for volume confirmation to avoid fakeouts. Rejection at the trendline could lead to more downside or consolidation.
Conclusion:
AXS is at a critical resistance zone. A clean breakout above the trendline may lead to a bullish reversal and upside continuation 📊🔍
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
👉 t.me/cryptobyghazii
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.
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
👉 t.me/cryptobyghazii
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.