AIXBT - no sign of slowing downI have been waiting for the price to pull back, but there seems to be no sign of slowing down.
Momentum indicators in Daily chart are overbought territory, but MAC lines are getting wider and wider which makes me think it will continue to go up. Stochastic and RSI in 4H came down to 50 zone and and rolling back up again. I started buying the tokens from $0.27 level in stages. I just bought more at $0.60 because stochastic and RSI in 4H are signalling there is another upside move coming. I will start taking profit in stages when momentum indicators start to show clear negative divergence in 4H and /or Daily chart.
Aixbt
AIXBT set for one more push before correctingThis new coin looks as though it could be on wave 4 of 5. The volume looks strong inferring that the big green bars of late were in fact wave 3, so starting with there it fits really nicely. I'd put a trade on if the trend line is broken to complete wave 4, which would mean the wave 5 has the room to complete. But, the inevitable ABC is absolutely unmistakable after wave 5 is in so watch out for that. I wont be placing any trades as the liquidity is so low. But, you make your own decision. Follow for more.
AIXBT/USDT: 30% Breakout Potential From Range Consolidation Here's a simple trading idea for AIXBTUSDT 🎯
AIXBT Breakout Play Setup 📈
AIXBTUSDT 1H Chart
Strategy: Bullish Breakout from Consolidation
Entry Zone: 0.28-0.29
Target: 0.38 (30.75% potential)
Stop Loss: Below 0.27 - 4H CLOSE
Key Points:
- Price consolidating in range
- Strong uptrend support
- Clear breakout structure forming
Wait for convincing break above 0.31000 with volume before entry.
Risk responsibly! Not financial advice." DYOR ---
This is a straightforward breakout trade setup with clear entry, target, and stop levels. The idea is easy to follow and execute for traders of any experience level. Would you like me to explain any part in more detail?