Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#AXS is moving in a bullish flag and the movement shows some similarities based on recent movements fractal.
- The recent formed bullish flag.
- Double mores Flag poles.
- Same Demand bases and reactions.
- Same failed attempt on different market structures.
- Lowered the price level after on 4rd failed attempt.
- Same range zones on BTC's pair.
The higher Notes are the similar factors on the current bullish flag formation with the last one !
Based on the repetition; We may see a rejection on the current bullish flag and see the continuation of upward movement after it.
But there'll be other option as we talking, A breakout above the bullish flag and according to our historical fractal, Our minimum target for this bullish flag will be $186.41 and set $246.82 as our final target...
📚 However AXS/BTC has found a Demand zone and support on below, and It can surge to the higher levels too :
#AXS has moving above a 12H's Demand zone and it can outperform #BTC after a successful retest, Although any breakdown below the demand zone, Can be fake because of range's lower.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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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.