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Axieinfinity

AXS has recorded extreme fluctuations!During the last week, AXS has recorded extreme fluctuations, so these fluctuations are unprecedented in the history of digital currencies and unprecedented in the history of transactions of this currency. Its high intensity can be seen even in time frames of less than 5 minutes. In the first place, due to the strong increase in demand, the price of this currency registered a stunning growth from the range of 6.5 dollars and reached 18 dollars. But later on, due to very heavy selling pressure, we saw the price return to the starting range of the upward movement. Due to the downward trend of the overall market and more selling pressure that occurred on this currency, the price decreased to the range of $4 for a few minutes. But then the price of this currency returned to the range of 7 dollars. In the rest of the week, the fluctuations between the support of 6.5 and the resistance of 7 dollars have continued. Therefore, the reason for the formation of one of the daily candles with very long shadows on both sides is these extreme fluctuations. But in the last daily candle, selling pressure is seen again, and the price returns to the low support. The first support for AXS is in the $6.80-$6.90 range. The second support will be in the $6.5-$6.40 range if this level is broken. But if the second support breaks, increased selling pressure could push the price to a new bottom in 2022, which could be considered the $5.30 area.
by MonoCoinSignal
6
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart. In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14 The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform. Moreover, the trading balance of one of the users was in the region of $1 million. CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help. Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher. Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year. Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue. It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60. We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10. The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22
AXS Axie Infinity: Another 50% DropHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Axie Infinity (AXSUSD). AXS price could drop another 50% to the $2.50 range or possibly lower. Crypto gaming has feel apart as much as DeFi and NFTs, so I am concerned that more drop is coming. The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, Volume Profile VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below! 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! #millionaireeconomics
FTX:AXSUSD
by MillionaireEconomics
AXS Long-Term AnalysisFrom the point of Elliott wave analysis, We can clearly see a downward trend from ATH, Which can have a final target in Wave Z in the specified Fibonacci Range. Considering that the analysis is from a long-term point of view, as a result, the Fibonacci range is enlarged, but an experienced trader should look for reversal patterns to enter the trade by checking the price movement when reaching the Fibonacci area or near it. Also If You can Manage your Risk, you can easily take short on this Time while reaching the Fibonacci Zone, and also it can Be a Great Short Position with +100% Profit with a moderate Leverage. In the future, we will update this analysis as the price moves further. Keep calm and follow the trend with me
Short
by SasanSeifi
AXS Axie Infinity The Full Speculative Bubble and Price TargetAs you can see in the chart, AXS Axie Infinity made 1375X and went from $0.12 to $165 in only one year. Now it is trading at $15.08, still high in my opinion! AXS is an Ethereum based token. Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. In this context, my price target for AXS Axie Infinity is $4.29, still 36X higher from 2 years ago. Looking forward to read your opinion about it.
Editors' picks
Short
by TopgOptions
41
Trading Signal For AXSUSDT Axie Infinity Trading Setup: There is a Trading Signal to Buy in AXSUSDT Axie Infinity . Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 48.95 ⭕️SL @ 7.95 🔵TP1 @ 10.55 🔵TP2 @ 12.17 🔵TP3 @ 14.80 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1
AXSUSD Above the 1D MA50 but must break this for new Bull CycleAxie Infinity (AXSUSD) broke today above the 1D MA50 (blue trend-line) for the first time since August 18 and continues to trade within the pattern we suggested on our last idea (August 31): As you see, since the price failed to break above the 1D MA50 at the time, it followed the Jan - April fractal as projected and dropped to our 8.50 target and even slightly lower. With the Vortex Indicator (VI) printing a pattern similar to the July 18 1D MA50 break-out, we may be starting a new Megaphone consolidation again. The 1.382 Fibonacci extension is not that far so we can be more positive this time. However we won't be engaging in any long-term buying until the 1D MA200 (orange trend-line) breaks, which has been the Resistance since January 05 2022. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:AXSUSD
by TradingShot
6
AXS will go against the market!Hello, everyone! Recently I showed you the very low targets for altcoins and the Bitcoin. Today I wanna show you the asset which is very closed to it’s bear market bottom. Axie Infinity have the unique wave structure and have already reached the very important level. On the 1D timeframe of the AXSUSDT chart we can see that AXS started it’s last bearish global wave earlier than Bitcoin and other coins. Thus it has formed the wave 2 earlier and we can measure the target for the wave 3. If you remember on the other altcoins the wave 3 reached 1.61 Fibonacci, the classical target. On the AXS wave 3 is extended and reached almost exactly 2.61 level. Now I anticipate the corrective wave 4. Taking into account the fact that wave 2 retraced too much, almost hit the wave 1 start, wave 4 should retrace no more than 0.38 Fibonacci, approximately $12.6. Anyway it is not forbidden for AXS to reach 0.61 Fibonacci level and retest the broken trendline, but in my opinion it looks fantastic. After wave 4 I expect the trimmed wave 5 because wave 3 was extended. I will make an update when will be time to buy. Now you can trade Axie only locally with the target $12. If you are not satisfied with such potential reward – just skip this trade. Best regards, Ivan
by Skyrexio
12
🔥AXIE INFINITY unlock 21.5M coins: almost 100% profitable trade🔥 Hi friends! A few days ago AXIE start to unlock the coins for it's early investors. 21.5M coins that worth almost $200M flow into exchange to SELL but as we can see there is no huge DUMP as 99% of traders expect. On the contrary, price start to grow with entire crypto market. ✅ I think this event misslead the last AXS holdlers which sold their coins before the event. Of course, the BIG PLAYERS accumulate all these volume. 📊 The main reasons/preconditions to open a long: 🔥 the first trigger is the no DUMP despite the bearish event with coins unlock 🔥 a lot of short traders which become the fuel for growth 🔥 squeeze to the trendline+volume growth before the trendline breakout 🔥 bullish BTC 📊 The main targets for AXIE: 1. $11.3 - the key level 2. $12.2-13 - the value area 2. $13.8-14.8 - the value area ✅ Why I set so BIG targets? All the crypto market in the bear market for the last 1 year, a lot of short traders open their positions then and now before this event. I think they might become the FUEL🔥 for this growth and PUMP the price so hard because of short liquidations. 🚩 Traders, book the profit by parts and don't forget to spend this money on your education, relax, trips or on family. Trading is for making money and not about sitting in front of the screen 24/7. 💻Friends, press the "boost"🚀 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
5
Trading Signal For AXSUSDT Axie InfinityTrading Setup: A Trading Signal is seen in the AXSUSDT Axie Infinity. Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 8.95 ⭕️SL @ 8.55 🔵TP1 @ 9.65 🔵TP2 @ 10.50 🔵TP3 @ 11.70 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1
Ronin Network Staking $RON $AXSDon't think I'll take this trade (simply because I think there are better trades out there), but I like the thought-experiment around $RON staking coming early next year, what that means for $AXS outflows and where price could go. The fib extension and 10 cents price marker represents a further and healthy 50% drop, and if the timing is right, potentially seeing that AXS → RON sell-off as tribal followers think RON will do another crazy move like AXS did and exchange into it.
by InevitableCrypto
AXS - AnalysisAXS had a range trend over the past week. The currency's price is hovering in the support zone of $12.5 for the third week, and the short-term descending channel intended for it is still standing. The ceiling of this descending channel in the resistance range of 13-13.5 dollars can still be accompanied by a reaction. For the short term, if the minor resistance in the range of $12.50-$12.65 is broken to the upside, and the 4-hour candles stabilize above this area, we can expect the price to break out of the descending channel. Otherwise, the further price reduction can continue up to the support range of $11.8. If the ceiling of the descending channel breaks above the specified resistance range, the first target of buyers can be considered in the resistance range of $13.7-14. The second target is the resistance of $15, which can be associated with a negative reaction.
by MonoCoinSignal
6