Axieinfinity
Axie Infinity (AXS); We're going down, a short opportunityHello Traders! CTDave here again with another daily price analysis chart.
Today I will be analyzing Axie Infinity (AXS).
If we look at the 2-hour chart, we will see a head-and-shoulders pattern forming. The head and shoulders give us an opportunity to go short. I am planning on entering a short if the close is below the confirmation point. The SL is just above the right shoulder. If this trade turns out, it will be very profitable. Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
Axie Infinity | Mapping 100%+ Target + Cryptocurrency TradingWe have early signals on the Axie Infinity (AXSUSDT) chart.
We can see today's candle moving above EMA10...
We call it early because the candle needs to close above this level before a bullish signal is confirmed.
Candle closure takes place in around 7 hours from now... 00:00 UTC.
Even though AXSUSDT is hitting new lows, the daily RSI is good at 40+.
Again, it is early...
But this is a great chart setup with low risk and high potential reward.
One can always buy with a very tight stop-loss.
If the trade fails, you lose 10 to 15%.
If the trade breaks bullish, as it most frequently happens for us, the potential is 30, 50, 80 and up to 140% or more.
Low risk and high potential rewards.
It is not about getting it right.
It is about making money trading cryptocurrency.
Thanks a lot for the support.
Namaste.
Profit from AXS shorting goes to AFFYN bag 💰🐣Hello fellow traders,
AXS was one of those 'Go short' trades'.
One can simply buy the dip in this kind of situations.
Instead I have decided to use this new budget into getting more AFFYN.
Why FYN token of AFFYN?
Simply because:
-AXS and AFFYN are related. They are both metaverse PTE tokens
- AFFYN has room to x250 if it will ever catch AXS
- I believe it will catch AXS in the next 2 years
Just my thoughts..no advise here. Feel free to do your own research
One Love,
the FXPROFESSOR
AXS/USDT: Last drop expected before bullish reversal---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
AXS/USDT: Last drop expected before bullish reversal
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets AXS suffered about negative global market situation especially the recent underperformance in Metaverse industrie
- AXS is expected to do a last drop in excess to triggered the bullish divergence on going.
Market configuration
- Graphical Elements :
Graphical Resistance = 54 & 166
Graphical Support = 13,50
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market at 35,40 = Bearish
RSI indicator (below) is on going divergence = Bullish reversal
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) is set at = 17,90
Fibonacci resistance of the wave in progress = 35
Fibonacci support of the wave C (B)(max extension) = 13,50
Fibonacci Bullish Target = 54
Conclusion
Preferred case => Regarding the mid-term element, AXS is expecting to print a last drop before reversing up sharply as long as 13,50 remains support in order to test and surpass 35,00 first before reaching 54,00
Alternative cases => Breaking 13,50 a significant drop will open the door towards close 0 = crash
AXS - Axie InfinityAXSlooking prime for another drop to $9, after a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Bearish)
- Weekly Stochastic RSI (Bearish)
AXS - Someone is collecting a big positionReasons to take short
⭐️ We are in a bear trend
⭐️ Level is clean
⭐️ Level is 13 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ Trading near the level for a couple days
⭐️ 4th touch
⭐️ 40 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AXS - Example how one candle can change direction of a tradeFollowing my last idea on AXS, where I wanted to short this formation, now I am looking to long it because of the candle down with wich marketmaker collected liquidity.
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Trading opportunity for AXSUSDT Axie InfinityBased on technical factors there is a long position in :
📊 AXSUSDT Axie Infinity
🔵 Long Now 19.75
🧯 Stop loss 18.70
🏹 Target 1 20.20
🏹 Target 2 20.80
🏹 Target 3 21.50
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
WAVES Makes Waves. Crypto's "Decoupling" ContinuesAfter Friday's "decoupling" event, the markets have mostly stayed flat (it feels like there's a lot of confusion and uncertainty in the market as a whole right now) with a few exceptions - WAVES seems to be the big winner today, followed by AXS (Axie Infinity) and ADA (Cardano). XTZ (Tezos) had a very good week this week but at least for today, it seems to be in the red.
With altcoins normally moving in parallel to each other, these trends are interesting to look at because it seems like after Friday each coin seems to have suddenly gained independence as we start to see less and less parallel motion over time. Time will tell if this "decoupling" trend continues - but so far, it seems to be the case.
By the way, if you invested in LUNA right at its rock-bottom a few days ago you would have made a 5.9 MILLION % return today. High risk, high reward. 😂 I don't recommend putting your life savings into bets like these but there is something to the idea of supporting a project during its struggles since that's often how investors make their biggest returns.
AXS - Market is NOT Looking good atmAXS is one of the charts that keep us worried about the next hours/days as the prices have failed to have a proper rebound and are close to check again some of their key support levels.
That level for AXIE is the 19.99 (call it 20$) mark.
If that breaks then technically the next support is way lower at 13.8$
Scary.. be on Alert as the market might take another dive. Always advisable to have some short positions on and ours right now is on AXS..Just like with Luna:
We are not saying that AXS will go to zero but we ARE saying it can go to 14$ if it loses the 20$
Always hedge.
One Love,
the FXPROFESSOR
AXS - Dangerous VolatilityAXS failed to hold the 21.87 and is technically between support at 19.99 and resistance at 21.87
The chart is kinda scary so we will post this as a SHORT idea.
If the price loses ground and dips below 19.5 axs HOLDERS COULD BE IN FOR A BAD SURPRISE.
BE AWARE, BE ACTIVE, BE A TRADER
One Love,
the FXPROFESSOR
Axs - What about a long?🧐⭐️ BTC had huge liquidations, we may see a pullback
⭐️ Market is panicking
⭐️ Structure is nice
⭐️ Stablecoins spooked a lot of people
⭐️ 5th touch
⭐️ No pullback after last touch
⭐️ Over VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AXS SYMMETRICAL TRIANGLEA great symmetrical Triangle forming in a Bear market.....
High chance of giving a spike upwards in coming dayzz to gain more liquidity in this type of market where most of the people will try to enter a sell order....
If you can relate then do like and comment on what crypto or a stock I should analyse next ?