TradingOn

$AXS/USDT 2h (Binance F.)Falling broadening wedge break & retest

Long
TradingOn Updated   
BINANCE:AXSUSDT.P   AXS / TetherUS PERPETUAL CONTRACT
Axie Infinity Shard has pulled back of the local break-out and looks good for a bounce here resuming the up-trend.

Current Price= 65.26
Buy Entry = 64.70 - 62.78
Take Profit= 68.64 | 73.55 | 79.43
Stop Loss= 59.64

Risk/Reward= 1:1.2 | 1:2.39 | 1:3.83
Expected Profit= +15.38% | +30.78% | +49.24%
Possible Loss= -12.86%

Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active:
First entry filled

Axie Infinity Shard dipped almost filling 2nd entry and instantly bounced back, interesting bull reaction so far!

Trade closed: target reached:
TP1 reached with +15.38% (2x) and +1.2R

Axie Infinity Shard bouncing back very strong on 100EMA like nothing happened, nice!

Trade closed: target reached:
TP2 would have been reached with +30.78% (2x)

Axie Infinity Shard is bouncing back, unfortunately we got kicked out at 2nd entry then stop was hunted.
If you were still holding manually, that's a nice profit you can take now and move SL to 1st entry (64.70$)


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