ðĨAXIE INFINITY unlock 21.5M coins: almost 100% profitable trade
ðĨ Hi friends! A few days ago AXIE start to unlock the coins for it's early investors. 21.5M coins that worth almost 200M flow into exchange to SELL but as we can see there is no huge DUMP as 99% of traders expect. On the contrary, price start to grow with entire crypto market.
â I think this event misslead the last AXS holdlers which sold their coins before the event. Of course, the BIG PLAYERS accumulate all these volume.
ð The main reasons/preconditions to open a long:
ðĨ the first trigger is the no DUMP despite the bearish event with coins unlock
ðĨ a lot of short traders which become the fuel for growth
ðĨ squeeze to the trendline+volume growth before the trendline breakout
ðĨ bullish BTC
ð The main targets for AXIE:
1. $11.3 - the key level
2. $12.2-13 - the value area
2. $13.8-14.8 - the value area
â Why I set so BIG targets?
All the crypto market in the bear market for the last 1 year, a lot of short traders open their positions then and now before this event. I think they might become the FUELðĨ for this growth and PUMP the price so hard because of short liquidations.
ðĐ Traders, book the profit by parts and don't forget to spend this money on your education, relax, trips or on family. Trading is for making money and not about sitting in front of the screen 24/7.
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
â I think this event misslead the last AXS holdlers which sold their coins before the event. Of course, the BIG PLAYERS accumulate all these volume.
ð The main reasons/preconditions to open a long:
ðĨ the first trigger is the no DUMP despite the bearish event with coins unlock
ðĨ a lot of short traders which become the fuel for growth
ðĨ squeeze to the trendline+volume growth before the trendline breakout
ðĨ bullish BTC
ð The main targets for AXIE:
1. $11.3 - the key level
2. $12.2-13 - the value area
2. $13.8-14.8 - the value area
â Why I set so BIG targets?
All the crypto market in the bear market for the last 1 year, a lot of short traders open their positions then and now before this event. I think they might become the FUELðĨ for this growth and PUMP the price so hard because of short liquidations.
ðĐ Traders, book the profit by parts and don't forget to spend this money on your education, relax, trips or on family. Trading is for making money and not about sitting in front of the screen 24/7.
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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ð·Telegram ð t.me/+ICrmLIneDmRiYjIy
ð·YouTube ð bit.ly/YouTube__Lessons
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