thetradedoc

Axie Infinity was OVERHYPED, and I'm SHORTING it!

Short
thetradedoc Updated   
KUCOIN:AXSUSDT   Axie Infinity / Tether
Without getting into too much detail, I was one of the losers that jumped onto the Axie Infinity hype way too late. And I got burned. Now I want my money back and I'm shorting it.

It's a terrible game in my opinion. It's performing much worse than the rest of crypto and is sitting at supply.

I see two things happening. A big drop here from 6.661, or an extra pump up to 7.5, sweep, and a big drop back to new lows.

AXSUSDT to the ground :/

This post is intended for education only. It is hypothetical and by no means financial advice. Trading is risky and consultation with your financial advisor is always recommended prior to investing or trading.
Trade active:
Short here at 6.661 with room to average in.
Trade active:
What an amazing entry to snipe resistance/support. We are now below the 6.45 resistance so will move stop loss down to 6.53

The trade will be profitable no matter where we close now :)
Order cancelled:
Got stopped out at 6.53 but re-entered. Didn't have time to alert here as I was at dinner, but I did in my discord and now we are green again. Feel free to join the FREE discord if you want to stay up to date on my moves.

It's not about the money made. It's about the freedom created.
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