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Axieinfinity

Smooth Love Potion Elliot Wave AnalysisThis article is not financial advice. There is no guarantee that you will earn money using the techniques and ideas of my analysis. Here's a quick look at my analysis of SLP/USD on a 1D chart. Using the Elliot wave, we can see here that wave 1 has formed a three soldier candlestick pattern which is a good sign of trend reversal. The First three candles bounced at the resistance area, followed by wave 2 and made new support. Assuming that the next bullish candlestick is the third wave, we can estimate a forecast with Fibonacci extension from wave 0 to 1 extending to wave 2 to plot wave 3 which is typically at 1.618 of the Fibonacci. We can see that it will coincide with the next resistance at the 0.1132 price level. To get wave 4, I plotted a Fibonacci retracement from wave 2 to 3 and marked wave 4 at 0.382 of the Fibonacci and it eventually ended at the current resistance level. Lastly, I got wave 5 by using again the Fibonacci extension from wave 0 to 3 extending to wave 4 and plotted wave 5 at 0.618 of the Fibonacci. I adjusted wave 5 to hit the resistance area which is also a strong resistance. NOTICE: If the price falls below wave 2, consider all these as voided. DISCLAIMER: This analysis does not guarantee to be accurate, complete or fit for this market, please do your own research before executing a trade.
Long
by kentwinston
10
SLPUSD, Huge Volume Spike. Bullish or not?The latest volume spike on SLPUSD could mean a huge chance for reversal for SLP. These are potential fib targets. Think they'll be hit? Who knows. But SLP and AXS (both crypto belonging to the Axie Infinity game) tend to move very hard, very quickly. Do you want to spend capital on this potential move? Let me know. It's certainly an interesting prospect. Is it worth buying in, or should you just hold the earnings you got from playing the game?
FTX:SLPUSD
by florasora
4
#AXS Axie Infinity 1D - Brewing ActionAXS on a daily chart. A few things to note: 1) Rising wedge pattern in play. 2) Bearish divergence on 1D chart 3) Bollinger Bands tightening but similar structure forming since last tightening as circled in the chart. Something interesting is surely brewing here. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
FTX:AXSUSD
by MillionaireEconomics
AXSUSDt 4H Hi everyone Before the AXS price can move to a new record, it must cross a key resistance level. The first key resistance is the downtrend line, which acts as the upper limit of the chart pattern at $ 136 Note that the price may stop when it reaches the $ 144 level and then move towards its historic high of $ 155 Subsequent resistance is $ 169 and $ 187 By crossing these levels, the price can climb to the $ 215 target However, if buyers fail to implement such a scenario, the AXS can be revamped again to the $ 129 level, after which it will fall to $ 125 The $ 122 level will act as support Prices are not expected to fall further, unless there is a massive jump in sales orders, which could push the price down to $ 96 Thankful What is your prediction?
by shayanfb
5
AXS Price Rallies 45% To $1.27 Buoyed By Facebook Rebrand Axie Infinity price skyroketted to areas above $155 as the AXS reacted to the news that facebook was rebranding to Meta. A rise above the immediate resistance around $150 could see AXS rise to tag new highs. Facebook’s announcement of October 28 that it was rebranding to Meta was an affirmation of its ambitions to go beyond online social media to build a metaverse. These news triggered a speculative rally cross NFT and Gaming cryptos in the Metaverse. Decentraland (MANA) jumped by as much as 80% between October 28 and October 29 with its market valuation exploding from $1.44 billion to over $2.08 billion in just 24 hours. AXS, a native token to Axie Infnity, a Pokemon-styled “play-to-earn” pet training game and virtual world also rallied by as much as 22.5% to hit a two-week high above $160. AXS is Axie marketplace’s legal tender where players use it to purchase digital pets (in-game NFTS). AXS Price Takes A Breather Above $140 Axie Infinity rallied over 39% from a low of $117 on October 28 to a high of $163 on October 29. This rally was rejected by the $150 resistance level which has since seen the AXS price correct to the current price around $142. AXS is trading with a bearish bias above $140 and slip below this level could see it lose the recent bullish momentum to tumble towards the $125 support wall. A slip below this could see a safe haven at the demand one between $108 and $114 shown by the green band. On the upside, if AXS price overcomes the selling pressure from the supply zone between $148 and $155, the Axie Infinity Token will rise to discover new record highs above $155. The upsloping moving averages and movement of the MACD in the positive region validate this bullish outlook. Morever, the position of the Relative Strength Index (RSI) indicator at 63 close to the overbought one shows that the bullish momentum still has some strength.
BINANCE:AXSUSDLong
by CoinGape
2
🐦AXS symmetric triangle (continuation)AXS/USDT (2h) formed a symmetric triangle (continuation pattern). The price broke out of the formation and is testing the key level (129.9) and the orange trendline as support. If we see a bounce from here than it's super bullish. If not, the price will most likely dive deeper back down into the formation to find a support level. TP1: 134.21 TP2: 141.26 TP3: 145.48 TP4: 153.49 TP5: OPEN++ -- Note: Keep in mind that AXS is a native currency of Axie Infinity(p2e game), which makes it's price very vulnerable to any gameplay changes made by the dev team --
Long
by V0VOLAN
1