ChonkaTruck

AXS TRIANGLE CONSERVATIVE BREAKOUT LEVELS

BINANCE:AXSUSDT.P   AXS / TetherUS PERPETUAL CONTRACT
AXSUSDT https://www.tradingview.com/chart/qKWExBmz/

AXS has a descending triangle inside of a bigger ascending triangle. On this chart I give the conservative TP levels that it should hit if it breaks out to the up or downside.

Upside descending triangle conservative TP level : $52.52, though I would TP at $50 due to psychological resistance.
Continued break out of ascending triangle TP level: $98.74

Downside descending triangle conservative TP level: $33.85
Continued break out of ascending triangle TP level: $24.25, though I would TP at $25 due to psychological resistance.

TP's based off of 100% extended fib level measurements of the triangles.

*Not Financial Advice*
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.