Axie Infinity's all time wave structure suggests that the NFT based video game is due for a major run. Based on the science of Elliott Wave Theory, I believe AXS has one of the cleanest and perhaps most undeniable setups.
Can a 11000% increase in value really manifest?
:)
Can a 11000% increase in value really manifest?
:)
Note
the anticipated profit margin is actually 1103x. just to clarify.Note
profit margin increased based on new fresh lows:Trade closed manually
Apologies. As FTX didn't showcase the full price history for Axie Infinity, it appears that this prediction is not truly valid. Looking at Binance's AXS chart, the form appears to be slightly different in its development.I think the initial macro move for AXS was a zig-zag wave which would signify a deeper drop than expected for Axie. Recovery/new-all time high remains a possibility but the previous trajectory is nullified.
It may be unlikely that AXS sees any real pump prior to testing the $1.80 mark. Will plan to exit with small profit or minimal loss.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.