Axelar breaking up from an inverse head & shoulders pattern. Axelar seems to be in the midst of validating a breakout upward from another nverse head and shoulder pattern. Target is $1.41 *not financial advice*
AXLUSD
AXL prepares for key level breakoutAXL is a unique project to connect multiple networks. Now its price is quite attractive! There was a consolidation above the 50 EMA, the price continues to move to the level of 1.0872$, which is the key level. If this level is broken, we will see an incredible growth. My target at the 4$+ MACD area also signals the strength of the bullish trend!
Horban Brothers.
The Banana Zone Series - AXL Buy the Dip Levels (10 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Axelar ( NYSE:AXL ).
As you can see in my analysis, pull backs to $0.7397 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $0.76 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
#AXLUSDT Getting Ready for a Massive Breakout | Get ReadyYello, Paradisers! Is #AXLUSDT about to break out and deliver a massive rally? Let's discuss the latest analysis of #Axelar and see what's happening:
💎#AXLUSDT is showing promising signs of a bullish continuation after a strong push from the critical support level at $0.463. We’ve been keeping a close eye on #Axelar’s movement within a Descending Broadening Wedge pattern, and now it’s making an attempt to break above the descending resistance line.
💎If #AXL can maintain strength at this level, we could be on the brink of a major rally, mirroring previous bullish trends. A clean breakout above the key resistance zone at $0.692 might open the door to even higher resistance levels—and possibly new highs.
💎But here's the catch: Caution is key. If momentum fades around this critical support, we might see a pullback toward the lower demand area near $0.368-$0.405.
💎A daily close below this demand zone would invalidate our bullish outlook and could signal further declines ahead for $AXL.
Stay vigilant, Paradisers, and keep a close eye on #TOKEN's price action.
MyCryptoParadise
iFeel the success🌴
AXLUSD - 4h Consolidation ZoneAXLUSD - 4h Consolidation Zone
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AXLUSD - 4h Consolidation Zone
AXL broke strongly from 0.40 which we marked as dynamic support and is now trading at 0.81
It is possible that the price will test 0.75 before developing a new momentum that leads the value to seek 1.11.
LEVELS:
SL: 0.75
TP1: 1.11
TP2: 1.31
Part of its development will have to do with what btc does, but it seems that October will continue to be a BULLISH month.
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TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Axelar breaking upward from symmetrical triangleHorizontal green trendline and 200ma(blue line) likely to act as resistance on the way to the target. *not financial advice*
AXLUSD 1D - Rises above $0.70AXLUSD 1D - Rises above $0.70
AXLUSD is a stock to watch. It had a continuous rise that took it to a maximum of $2.70. It is now trading at $0.60.
It has already overcome the downward trend and is settling its price to begin a new price escalation. It has to overcome the previous lower high at $0.70 to be ready for a bullish rally.
Before breaking upwards, it could mark a DOUBLE BOTTOM in the $0.40 area. Hence the importance of breaking the $0.70 levels and not losing the dynamic support.
The objectives are clearly marked.
This strategy can be executed with TradeX BoT when we finish developing it.
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances… It allows you to easily establish SL (%), TP (%), SL Trailing… multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
AXLUSDT 2DAXL ~ 2D
#AXL We would say Bullish on this Token once it breaks the resistance line of this descending pattern.
AXL 8R Trade Idea with Entry, Targets, and Stop LossAXL is down from entry and has tagged the previous weekly entry that sent price down 32% and then up 500% (47 cents entry to 32 cents low, and finally a rally to $2.7). Price has retraced this move back to the previous entry of 47 cents AND made another weekly entry at 57 cents.
Targets based on the risk from that entry have been drawn.
Yellow Stop loss of -20% is based on previous lows.
Orange stop loss of -33% is based on how low price went after the previous weekly entry of 48 cents before the rally (-32% from weekly entry)
AXLUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
AXL has broken above an important resistance trendline, indicating a trend reversal from bearish to bullish. However, the actual trend reversal will be confirmed when AXL breaks above the $0.8837 resistance level.
Entry: $0.6436 to CMP.
Close Position: If the price breaks down and closes below $0.5664.
Targets: $1.275, $1.632, $2.374.
DYOR, NFA.
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#AXL/USDT#AXL
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.5000
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.5720
The first target is 0.7670
The second target is 0.9000
The third goal is 1.05
AXL on the RiseAXL is experiencing a bullish surge, evident from recent price actions. Key indicators show strong momentum, but critical resistance levels lie ahead that will test the durability of this upward trend.
Technical Insights
1. Support and Resistance Levels:
• Immediate Support: The price recently found strong support around $0.5400. Holding above this level builds a foundation for further gains.
• Immediate Resistance: The price is approaching a local resistance at around $0.6200. A retest of this level might be necessary before attempting to break higher.
• Solid Resistance: Strong resistance is marked around $0.6600. This level will be crucial to watch for potential breakout or reversal.
2. Momentum Indicators:
• Stochastic Oscillator: Both %K and %D lines are in the overbought territory, suggesting potential consolidation or a pullback before the next move.
• Relative Strength Index (RSI): The RSI is high, indicating overbought conditions. This could mean a cooling-off period is imminent, or it could signal strong bullish momentum if it sustains above 70.
3. Moving Average Convergence Divergence (MACD):
• The MACD is positive, with a bullish histogram. This suggests continued upward momentum, though the market might see some short-term fluctuations.
Most Probable Market Scenarios
1. Bullish Continuation:
• If AXL breaks above the immediate resistance at $0.6200, the next target would be the solid resistance at $0.6600. Sustaining this momentum could push prices higher.
• A strong bullish trend could be reinforced if the RSI remains above 70, indicating sustained buying pressure.
2. Pullback and Consolidation:
• Given the overbought conditions in both RSI and Stochastic Oscillator, a pullback to around $0.6000 or even $0.5800 could occur. This would provide a healthier foundation for further gains.
• Holding above the $0.5400 support is crucial for maintaining the bullish outlook. A break below this level might signal a trend reversal.
Outlook
AXL is currently in a strong uptrend with bullish momentum. However, the overbought conditions suggest caution. Traders should watch for potential pullbacks to key support levels, which could offer buying opportunities. Breaking through the $0.6200 resistance will be pivotal for continuing the upward trajectory towards $0.6600.
Summary:
• Short-term: Bullish but watch for potential pullbacks due to overbought conditions.
• Mid-term: Maintaining above $0.5400 support is key; a break above $0.6200 could target $0.6600.
• Long-term: Sustained bullish momentum depends on overcoming significant resistance levels and maintaining high RSI.
AXL ANALYSIS (4H)From where we entered "START" on the chart, AXL correction seems to have started.
This correction seems to be a diametric.
Now it seems that AXL intends to complete the F wave of this diametric.
It can move from the green range of demand to the red range of supply.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#AXLUSDT#AXL
We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well
We have a green support area at 0.800 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 1.00
The first goal is 1.19
The second goal is 1.33
the third goal is 1.52
$AXL looks like it is ready to go long!NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence.
Entry Point: Start accumulating once the price exceeds $0.97.
Targets:
Midterm Goal: 60% increase
Long Term Goal: 170% increase
Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.78.
About NYSE:AXL
Axelar aims to provide secure cross-chain communication for Web3. This project offers a decentralized network and a suite of tools to assist developers of decentralized applications (dApps) in achieving seamless cross-chain interactions via its protocols, tools, and APIs.
DYOR, NFA
#Crypto #altcoin
AXL ANALYSISAccording to the structure of the waves, it seems that AXL is in wave D of a larger pattern.
The green area is the place of buy/long positions and the red area is the place of sell/short positions.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AXLUSD Eyes $1.48 After Finding SupportAXL bulls are back in control after the price found support at $1.05. The bulls were able to push the price up to $1.29, after forming a double-bottom pattern. Currently, AXLUSD is trading at $1.22.
I am cautiously optimistic about the short-term outlook for AXLUSD. If the current price holds, the bulls could make another attempt to break through $1.29. If successful, this could open the door for a move towards $1.48.
