✳️Axie Infinity/USDT Analysis (22/1) #AXS $AXSAXS has retested $0.6 zone many times and still succeeds in closing 1Day candlestick above $0.6 so we can completely believe in this zone and AXS can strongly rally to $1 zone at early February and breaking to $1.4 zone a few days later
📈BUY
-Buy: 0.6-0.63$. SL if B
📉SELL
-Sell: 0.95-1$. SL if A
-Sell: 1.4-1.45$. SL if A
♻️BACK-UP
-Sell: 0.6-0.63$ if B. SL if A
-Buy: 0.45-0.475$. SL if B
-Sell: 0.45-0.475$ if B. SL if A
-Buy: 0.325-0.35$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Axieinfinity
AXS Breakout Setup | UptrendAXS cryptocurrency token is holding the price here and ready to move higher breakout above will send price higher
axie infinity price today is moving in perfect triangle pattern.
Axs coin coinmarket rank is around 255 and also very small market cap is around (30 million) it can move really high from here, low supply and small market cap can give huge return in small time and also easy to pump because of small market cap.
Trend line support is holding perfectly so you can buy small amount at the retest .
breakout above 0.61$ , buy the breakout above than ladder buy till retest.
AXSUSDT forming Cypher | Upto 178% bullish move expectedOn the daily chart, the price action of the Axie Infinity (AXS) token is completing the last leg of bullish Cypher and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of Cypher pattern should be:
Potential reversal or buying zone: $0.3889 to $0.2618
Fibonacci projection or sell zone: $0.4880 to $0.7303
Stop Loss:
The potential reversal zone area that is up to $0.2618 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 178%, and the loss possibility is 33%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.