AXS - UPDATED CHARTSupport at 20$, Resistance at 23$ and once/if over then off to 29$- this is the most likely scenario...that means that the market helps.
If the situation does not help then we have a clear entry for a short at 19$ all the way down to 13,8$.. this is the unlikely scenario but still it exists.
News:
Binance CEO Says Axie Infinity Handled Its Crisis Better Than Terra With UST Depeg
In a Twitter thread, the Binance boss shared his disappointment in how Terraform Labs team handled its ecosystem’s collapse.
One Love,
the FXPROFESSOR
Axieinfinity
How Developing Countries Predicted the Rise of the MetaverseThe market is down right now but these are also good times to take a look at what might be the "next big thing".
Had you got into the metaverse a year ago, you will most likely be up right now. Otherwise, you're probably in the red. (Yes, even Bitcoin and Ethereum.) The metaverse is this year's clear winner in terms of performance, and it's not too surprising that a lot of big name brands have decided to try to get in on it, too.
A lot of people claim that Zuckerberg's "Meta" was what sparked the metaverse craze, but if you look at AXS's chart it's pretty clear that the coin was climbing way before the media gave the idea any attention. A lot of innovations and early-adoption activities happen in lesser-known (often non-English speaking and developing) countries before making its way into the "mainstream", so to speak. Predicting long-term trends is not magic - you just need to know where to look.
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS/USDT : Recovery expected towards 119,00 (Update)
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
The Axie Infinity ( AXS ) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism.
Previous Analysis :
10/02/2022 :
Context
AXS /USDT has been listed in the middle of the last year, so the historical data are not really mature for a deep target projection. However Focusing on Daily and 3H basis we can already highlight key technical elements to understand the actual picture
For now the initial raise can be describe in 3 wave up move (Corrective - A/) or 5 wave up move (Impulsive I/) - depend if you switch the scale between lin or log, on my side i would be more confortable with an impulsive move at this stage. So once that it said and as i described on the chart, the following move (down leg) has been done in 3 wave down (A-B-C corresponding to a logic corrective move in wave B/ if we are in ascending range towards 195.00 and more if we are in a impulsive long-term trend - it what we are calling a ''common part'' between to different scenario)
So the configuration is quiet nice because the wave A = Wave C and the market bounced off 50/61,8 retracement which are standard to respect a proportion for this kind of Harmonic / elliot wave pattern, the determinism of the behavior behind the scene is strong a significant rise is clearly more likely.
Tactical view (1 to 3 weeks)
As you can see for now the RSI and the 55/89 EMA provide a clear bullish signal, all the EMA are acting as support now . This setup is strongly bullish and will be clearly validated by surpassing 81,60 (upside confirmation level).
As long as 57 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00
else penetrating 57 a test of 35,50 Strategic key support ( Pivot ) will occur before any bullish tentative
Also i recommand to have a look on SLP /USDT which is also a native ERC20 coin connect to Axie ecosystem, -analysis here =>
Enjoy my friend ! and support me please by activating your referal code for the app we built with my team (Get 200 EUR in AKTIO COIN) Link in my signature below ;)
Axie Infinity (AXS) Buy ZoneAxie Infinity (AXS) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : High
On 4 hours timeframe Axie Infinity formed bullish pattern which shows the possible reversal at $29 zone.
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$AXS/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 28.8 - 27.9
TP 1 : 31
TP 2 : 32.5
TP 3 : 33.9
TP 4 : 35.25
TP 5 : 37.8
TP 6 : 39.75
TP 7 : 42.4
TP 8 : 46
Stop Loss : 26.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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X100 Potential In The Next Cycle!Epik Prime is an epic coin.
With more than 300 video gaming clients, Epik is the leading global NFT licensing technology company putting brands into video games to produce premium digital items and experiences for over one billion gamers worldwide with the largest digital ecosystem with hundreds of the world’s most popular entertainment brands.
Epik is widely considered to be the blockchain industry leader producing collaborations for premium licensed digital collectables, NFTs and exclusive experiences powered by an interoperable proprietary cross-chain technology.
Epik was the first and only NFT company to do any deals with AAA gaming companies for NFTs. Clients include ViacomCBS, Warner Music, Garena, Tencent and Universal.
Also Epik Prime is the part of Animoca Brand portfolio which consist many projects that had insane rallies in the previous cycle such as,
Sandbox
Axie Infinity
Flow
And now Apecoin!
Animoca Brands has insane connections.
Couple months ago they got funded by George Soros and their valuation rised to 5b USD!
This company will be one of the leading crypto portfolio companies in the future and Epik has a wide range of use.
FOr example they are branding NFTs in Sandbox and Axie Infinity for huge companies.
Epik have a huge upside potential for the next cycle!
Right now 4 cent seems to be bottom and a pretty good buy zone for Epik!
AXS - Back On The RISEAXS needed a break and to touch base with reality... and now is time for Higher
That's our chart saying, not sure about the fundamentals and all but Play to Earn sounds like a winner.
Have some fun and read this now : ''My brief wondrous life as an Axie Infinity gamer''
Crypto rookie Joel Stein dives into Axie Infinity and the curious economics of ‘play to earn.’ Will his teenage gaming dreams come true?
''Of course I want to play to earn. I want to earn money doing all the things I enjoy. Eat to earn? Sure. Watch TV to earn? I’m in. Sex to earn? Historically that’s had complications, but I’m confident that the blockchain can work those out. ''
REF: forkast.news
One Love,
the FXPROFESSOR
SLP SLP SLP SLPbuy long!!!
wait for the price to accumulate at the bounce area.
patience is the key, dont position and stop chasing the market
let the market chase you.
Description already at the picture.
Butterfly pattern
slp making new all time low
and by June or this May, Price of slp will go up no fcklng lies
Market structure already telling where the price will go.
Always use stop loss and small leverage
Margin must be okay for you to risk, Risk management is a must.
SLP 3 day stiill intact and cant go much lower, heres why?SMOOTH LOVE POTION (SLP)
3 day chart: This long consolidation period
has been going on for 75 days straight inside
my purple box. now the last 2 days was the first
time it fell below the consolidation box. We do
have the Hard Support Line listed and take a
look at the RED circle, thats where the DeMark 9
reads again another bottom and its just at the bottom
of the box line...it must hold this and move up...
The Total 3 chart is still showing ALT coins are
at the bottom...stay strong and make good decisions
and watch that purple box, when
SLP breaks out of the BOX, we could have a
huge run up to all time highs.
AXS/USDT Perpetual OKxdowntrend because of btc dominance and when btc price stables the alt's go up right ? so correct my ta.
still learning and gaining knowledge unto others ideas
careful long, wait for btc to calm down
not financial advice im just a regular MF
lets get that bread
remember big fish is no a small fish. smile :P
Axie Infinity - Looks to get out for the high breakout since ..Hello trading friends,
Depending on the trend of this moment - AXIE infinity (AXS) is into the important zone for a breakout - and an interesting target could be above the 65 USD +
AXS did make some important changes at the support 40-43 trend - what makes AXS out of the level of breakdown trend.
If there is a coming time green change on market flow - AXS could show a great increase trend - At the same time, it's important to follow the BTC flow.
All that we need as traders for an uptrend coin - AXS has it - and it's only the question of this workout - time frame will learn.
Have a good time.
#this is not a trading call - manage always your risk.
AXS - The way to a breakoutHello trading friends,
Most markets are still into a downtrend - and there needs more time so that the most coins could get again green - but at the same time it's crypto and things could happen in the short term - one thing is sure - there is no guarantee for any price action.
Crypto markets did learn us, that today can be green and tomorrow red, and the same for another side.
So that's why it's important to trade only with a plan, and yes sometimes it's hard, but the try should be there at last.
Back to AXS - Why this chart
This chart view is purely dependent on price action including some TA trends.
We have seen before AXS did go with BTC, as 90% of coins do when there is a breakdown trend - but there is some things that make AXS very interesting, and I think some of the traders as you could see this also, or knowing already the effects of breakout in patterns as this.
is there a guarantee that AXS will show a huge breakout? sure no - it's crypto and all is possible, but in the world, like crypto, we depend on more chance. let's say what the markets show now depending on my expectations I see AXS increasing and having a breakout coming time - it's purely a view from different study trends.
There is in most time not always a reason to buy a coin directly - some known hedge funds use the way of % view. it means when a coin increases some % depending on their counting, the coin gets interested, and of course, there are more trading ways.
For me personally also interesting to see where AXS will go - and will follow to see the effects of it, and or it will prove that the trading study and the signals that it shows are real for a breakout.
Have a good time.
@ this is not trading advice - trade only depending on your setups.
AXS : When high chance for a breakout?AXS is depending on most of the study trading skills and signals on important trends for a breakout.
Since the last updates - AXS looks still not to make the expecting move
The BTC markets support most of the time the low coins, but the % price difference depends on the coin itself.
For AXS - it's important to hit at last the 47-48 USD to get the expecting breakout between 53-69 trend. between 12% and 46% is the model counting possibility.
Before that target AXS are into accumulation fase wich could change with time range.
The levels will stay still the same the 53-55 target and the 69 Target.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.
Virtual vs Real-Estate: The US Housing Slowdown vs the MetaverseRising interest rates by the Federal Reserve has people concerned of a potential slow-down in the housing market (worse-case scenario, a recession, or even a depression).
How would this affect crypto - and metaverse assets in particular? A closer and updated look at what's been going on in virtual vs. real-estate, especially in China (still down by 60%+).
SLP BURN RATE INCREASEA few things to look at here on SLP.
1) Apparently there are going to be some new ways to burn the coin here soon within the game. This could be a very good sign for higher price action but until this happens, we still need to be cautious. I have noticed recently that the burn rate has increased and the mint rate is decreasing, but only marginally.
2) It looks like we are trying/have found support back at the green box I have mentioned in my previous posts. This is a good sign because it could indicate a double bottom and the last time we tested this box we had a decent move to the upside. This does NOT mean that we are going to break previous highs. As of now this is just a bounce. I have also adjusted this box to better fit the price action.
3) If we do find strong support here, it needs to shoot us above the previous highs as well as the ichimoku cloud on the daily. SLP has a relatively narrow window to do this as the ichimoku cloud is starting to widen again. A break above the cloud and a positive retest of it could indicate we are starting to form a new uptrend. We really need to see something like scenario 1 play out.
4) We are currently trading below a red spread on the daily chart EMA ribbon. It is worth a note the spread is relatively small so we shouldn't have too much of a problem breaking to the upside. If we cant manage to break it this could be very very bad as it will widen on the next move down, which would likely be scenario 2.
5) We are currently holding support from the .618 on the fib retracement.
I'm relatively neutral on this but the burn rate mechanism implementation is likely to make the price go higher so i'm siding with the bulls on this one, as of now.
As always this is not financial advice and always do your own research before entering the market.
Axie Infinity bullish? Maybe, and this is why.Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Axie infinity technically looking neutral at the moment. At least, until early/mid May.
The 4hr Candlestick chart suggests the same pattern could be repeated with a fake high in few days maybe, then early/mid May we breakout bullish probably UNLESS the 45 support level is violated prior.
RSI indicator suggesting the same pattern as well.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
SLP | Descending Triangle PatternThe price will continue to fall, a fact that will be confirmed if the BTC breaks its current support. Within the game, according to the roadmap, the "lands" mode was expected in 2019 but devs repeatedly announced its delay. Sky Mavis indicated that they would publish this mode in December of this year.
The amount of SLP held is immense. Selling pressure is a giant monster that we will have to destroy before thinking of better days. Sky Mavis would have to focus its efforts to make the game more and more profitable and economically functional. The current chief designer of the game indicated that his intentions are to make the game a hobby and not a source of income, which will further destroy the situation.
Axie to Infinity?Last month, AXS finally broke through the downtrend resistance. Now price appears to be consolidating above the resistance-turned-support line and dipping its toes into the supply zone. With the recent Bullish Divergence (4h) and with the indicators entering buy zones, AXS looks like a great opportunity for averaging into a long position.
To infinity!
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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AXSUSDT 1D TA : Support Zone New UpdateAccording to the analysis, with Sharp, we were expecting a strong rise and reaching a significant resistance, which has now reached a significant static support range with the correction.
According to the chart, if this range is lost, we will have a possibility of falling to $ 35 and $ 30, and if we react to the trend line, we will have the possibility of returning the price to the limits specified in the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SLPUSDT, Exactly impacted to the trendlineHello everybody
According to the last analysis of SLP that we published if you check that analysis you will see that we shown the price can rise up to reach to the trendline resistance level and then its ready to dump to the sensitive zone area ( Blue Box ) that we shown on chart.
Wait until the target reach and be patient
Be with us and reign
Good Luck
Abtin
Previous analysis :