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Axieinfinity

Axie Infinity Eternal Uptrend vs Correction, Bullish Jump Ahead!Here is one of those Altcoins with an "Eternal uptrend". We can see the classic 5 wave count from our friend R.N. Elliot, followed by an ABC correction that landed at EMA50 and/or the 0.618 Fib. retracement level for the last bullish wave. This can signal that a new jump is about to take place. Zoom in on the correction: We can see the descending channel being broken. EMA50 working as support. The new +1 count on the TD sequential, A this weekly candles bullish jump. How do you like it? Thanks a lot for the continued support. Namaste.
Long
by AlanSantana
4
BULLISH PINBAR, AXIE MAY HIT $60 SOONFundamentals have favoured AXIE lately and it is one of the reasons why AVAX has been trending. if you look back to 3 days ago, there was a bullish pin-bar and this also points towards some bull run. With my analysis at the CMP of which I took some buy positions. I feel AXIE may rally to m $60 zone. However, if the push up can break through the $60 which is also where the descending trendline is, it may rally to FIB 23.6 level to hit the $80 target. NOTE: Please trade with care YOUR LIKE, FOLLOW, COMMENTS AND CRITIQUE WILL BE APPRECIATED.
ALong
by ForexClinik
2
AXS, trendline BREAKOUT with potential target!Axie Infinity (AXS), the top Game-Fi crypto token, is in a downward trend. A trend line has formed on the chart and the price is starting to squeeze under it. This, of course, shows the strength of the bulls. Also, a descending wedge has formed on the chart, which is a bullish pattern. A possible target for this movement is the key level of $49.50, where a good chance to close your long position. Friends, press the "like" 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.
by Yuriy_Bishko
2
$AXS - To Reach it's Bullish Order Blocks Early in the Week. SMT*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. It Appears AXS is heading towards the Order Blocks it formed on 2/23. We should See the price get down to these levels (Entrance 1 45,58 and Entrance 2 (if gets there) 43.30, this should possibly have some consolidation to trick retail traders into selling off when it should then take everyone by surprise and rise to new higher levels which I belive will be in the 162% Extension of the original wave which is also neathe bearish Order Block of nearly $60. I see it as this Breaking through both sell side liquidity points as it created a "Support Area" Which is an area that people will chase up until it turns around and goes agaoins those retail traders. Then we should see it finally move in the direction thast it should, hopfully gettting no lower than it already has in CoinBase. BINANCE:AXSUSD FTX:AXSUSD KRAKEN:AXSUSD BITFINEX:AXSUSD GEMINI:AXSUSD BITSTAMP:AXSUSD OKCOIN:AXSUSD KUCOIN:AXSUSDT COINEX:AXSUSDT OKEX:AXSUSDT HUOBI:AXSUSDT PHEMEX:AXSUSDT
COINBASE:AXSUSDLong
by BodiesXWix
AXSUSDT, The market dont have enough power for risesHello everybody I hope that everyone took our previous signal that we published and told anyone can take short on axs at 100$ and took nice profit. AXIE (AXS) is one of the most popular project in crypto and in NFT market be consicious on it and watch it ... According to the chart and our previous serial analysis the price broke the upward channel and now its trading in outside it and according to the key level that we published it in last analysis of AXS we shown on chart the zone that is more important and sensitive for the price and now as you can see the candles has not enough power for the rises and we expect the price can drop and break this support level and after some pullback its ready to dump more to reach to the next support zone area. Please becareful and do not enter in position without observe your own strategy, and observe your capital management, this is market and everything can be happen. Be with us and reign Good Luck Abtin Previous analysis :
Short
by Abtin00
Axie Infinity (AXS) - February 23Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AXSUSDT 1W Chart) First resistance section: around 70.38 Second resistance section: 92.72-103.90 Support section: 36.87-48.04 It is important to keep the price above the 53.50 point in order to completely break out of the downtrend line. If it goes down, you should check to see if you find support in the support zone. (1D chart) In the movement between February 25th - March 13th, it is necessary to check which point in the section 36.87-48.04 deviates. If it falls below the 36.87 point, there is a possibility that it will fall near the 14.14 point, so a Stop Loss is required to preserve profit and loss. A move above the 48.04 point is expected to lead to a move to move above the 70.38 point. However, careful trading is required as it is expected to swing up and down to cross the M-Signal line of the 60SMA and 1W charts. This movement is expected to occur near the 59.03 point. ------------------------------------- (AXSBTC 1W chart) Resistance range: 0.001906-0.002143 Support period: 0.000723-0.000960 It is important to rise above the 0.001433 point. In particular, it should break out of the downtrend line. Otherwise, it is expected to consolidate in the 0.000960-0.001433 section. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
SLP to ~ $0.018 Alright we have quite a few things going on here with SLP. 1) Even though there's been news of Axie reducing coin supply to stabilize price, im still seeing in increase in supply by around 500,000 coins daily. That combined with decreasing demand does not make for a bullish situation at this moment. 2) We have rallied over 300% in about two weeks in combination with the daily ichimoku cloud touch. That cloud spans roughly 140%. This means SLP will have to rally another 140% with increasing daily supply just to break the bearish cloud. 3) We were in a beautiful bull flag on the 4hourly chart but the problem with this is the price made it pretty much all the way through the apex, which generally isn't a good sign. Especially after testing very heavy levels of resistance. 4) We have potentially a inverse cup and handle forming on the lower timeframes (4hr, 1hr) that would put the price right around $0.018. This also lines up with one of the very few major support zones SLP has charted in its lifetime, which you can see with the green box. If we do not react from here it is likely to go all the way back down to the price it was before this pump. 5) The 0.018 cent level also lines up relatively well to the .618 area on the fib retracement. A wick down to the green box would suffice. 6) This is not financial advice. Trade carefully.
Short
by MarketM8ker