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AXLUSDT

TradeCityPro | AXL : Steady Uptrend & Potential Breakout Ahead👋 Welcome to TradeCityPro! In this analysis, I will review AXL, the token of the Axelar project, which serves as a Crosschain platform and also features a blockchain explorer. 📅 Daily Timeframe: Uptrend and SMA Slope Change On the daily timeframe, we observe a steady and gradual uptrend with a low slope. A clear ascending trendline is also visible, which has been tested by the price four times so far. 📈 The token has broken out of its box’s ceiling at 0.8318, but it hasn’t started its main bullish movement yet. A pullback to this level has occurred, and if 1.1281 is broken, the price could initiate its primary upward wave. 👀 Apart from the 1.1281 resistance, there is another significant resistance at 1.2781, located near this zone. Thus, the range between 1.1281 and 1.2781 forms a strong resistance zone, and breaking above this area could mark the start of the uptrend. 🧩 Given the upward slope of the SMA99, I believe we will soon see its influence, pushing the price higher. 🚀 If this zone is broken, the next targets are 1.6587 and 2.2828, with the second target being close to the ATH. 📉 Correction Scenario In the event of a correction, the first key area is 0.8318, which has already been tested once and held firm. For deeper corrections, the initial zone to watch is the ascending trendline, and if the trendline breaks, 0.6386 becomes the next notable support. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
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.
by CryptoBreakers
#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🌴
Long
by MyCryptoParadise_Simon
AXLUSD - 4h Consolidation ZoneAXLUSD - 4h Consolidation Zone If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies in a VISUAL and PROFESSIONAL way, as we present in the analysis. Thank you! _______________________________________________________ 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. ______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio. 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 :)
CRYPTO:AXLUSDLong
by DeuXfi
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 :)
CRYPTO:AXLUSDLong
by DeuXfi
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)
COINBASE:AXLUSDLong
by CryptoNFood
AXLUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. 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. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
Long
by Cryptorphic
#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
Long
by CryptoAnalystSignal
1
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.
by MonoCoinSignal
$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
Long
by CRYPTOMOJO_TA
AXLUSDT.4HUpon reviewing the AXL/USDT 4-hour chart, several significant technical indicators and levels emerge that offer insights into potential future price movements. Trend and Resistance Analysis: The chart shows that AXL has been in a pronounced downtrend, with the current price at approximately 0.9777 USD. The price recently attempted a recovery but faced resistance. There are three key resistance levels to watch: R1 at 1.0641 USD, R2 at 1.1524 USD, and R3 at 1.3276 USD. These levels have historically acted as barriers to upward price movement, and breaking through these resistances could indicate a trend reversal. Support Levels: On the downside, the immediate support level is identified as S1 at 0.8815 USD. This level has shown strong buying interest previously and could serve as a floor if the price continues to decline. Below S1, further support can be expected around the 0.8000 USD level, which has also been a critical support zone in the past. RSI and MACD Indicators: The Relative Strength Index (RSI) is currently at 38.36, which is close to the oversold territory. This suggests that the selling pressure might be nearing exhaustion, potentially leading to a price rebound. The Moving Average Convergence Divergence (MACD) indicator is showing bearish momentum, with the MACD line (blue) below the signal line (orange) and the histogram indicating increasing downward momentum. However, the MACD is also approaching levels that could lead to a bullish crossover if the selling pressure eases. Volume Analysis: The volume analysis shows that trading activity has been significant during price declines, indicating strong market reactions. This heightened volume during downward moves suggests that the market participants are actively selling, but it could also mean that any positive news or bullish signals might lead to a swift recovery due to the oversold conditions. Conclusion: In conclusion, the AXL/USDT pair is currently in a bearish trend but is approaching key support levels that may offer a potential reversal opportunity. The RSI indicates that the asset is nearing oversold conditions, and if the MACD shows a bullish crossover, it could signal the beginning of a recovery phase. Traders should closely monitor the support level at 0.8815 USD and the resistances at 1.0641 USD, 1.1524 USD, and 1.3276 USD. A break above these resistance levels would confirm a bullish reversal, while a failure to hold the support could lead to further declines. Overall, the market sentiment for AXL remains cautious, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
by MarsSignals