AXS
Is AXS about to finish his bearish trend?Even I checked multiple high timeframes I just saw too much important support and resistances near to current zone, but bearish flag pattern is not finished yet which makes me doubt about if bearish trend will finish soon or not, so I think that I need to check closely BOS and CHoCH in order to confirm. Also we can see in chart that squeeze momentum is pointing to bullish.
🚩🔥 My favourite trading pattern: Axie trendline breakout!📊 Hi friends! AXS moving in a massive falling wedge. Now the price is close to the global trendline. The squeeze to the global trendline confirms us the pressence of buyer. This is a good place to open a long with nice RR.
Every time when the price reach the bottom, the volume bars are growing which mean the pressence of buyers. They want to buy the altcoins lower to sell at higher price.
📊 I see the next preconditions to open a long:
🚩 squeeze to the trendline before the breakout
🚩 DOM and Footprint orders to buy as the support of the price
🚩 BTC push the price of the Axie to the our targets✅
🔥 It would be nice to see the price breakout of the key level of $12. Addtionally the volume should grow and confirm this trap.
✅ The targets:
1. $14-14.5
2. $18-18.5
💻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.
Games of Capital Rotation, example with $ATOM and $AXS$AXS was a coin that hit peak hype and coincidentally has some of the worst tokenomics. $ATOM on the other hand _might_ be forming to be a winner in the next cycle. Simple pair trade, shorting the past hype, longing the future hype and avoiding the crab bites. Similar to SAMA Long below ( + $SOL , $MANA)
🔥AXS make a huge pullback: where to entry to not miss the PUMP?Hi friends! I give you 1 useful tip to increase your trading results. Always pay atention to the volumes growth. It will help you to identify the potential reversal points, where you open the bes trades with good sl and tp.
Check the last 2 traps that happen on AXS. Do you see how the volume growth on the both traps (false breakouts) for short and long? There are the best setups for the scalpers and swing trading. Pay the atention to such situations close to the important levels, huge value areas.
📊 Preconditions to open a long:
🔥 squeeze to the trendline
🔥 no resistance on DOM and Footprint only big buy orders. Also if u use such tools you can see how thw large sell limit waals are desapear beacause of huge amount of buyers
🔥 bullish BTC help the AXS to reach the 3 targets faster
🚩 It will be nice to not have the volume growth when the price reach cosest targets and resistance. It will be some bearish signals. If the we will have just avsarage volumes, that is mean the big players are still not sell all their coins.
📊 The targets for long:
1. $15 - the key level, closest target
2. $18-19 - the closest value area
3. $20-21.5 - the value area
💻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.
AXS - I'd wait a little bit longerThe breakout of the wedge is ahead - for both low and high timeframe - but before we break out, Momenter is signalling a rising bearish momentum which would make sense as to finally hit the $11 area which is a strong support - price didn't touch it yet and it would be a pretty good area to long - Keep your eyes on it. If we break out to the upside, 28-30$ is an easy reach if BTC bounces aswell.
Axie Infinity (AXS); when to buy?The resistance level with the upper border of $15.02 was broken on the Daily price chart on September 3. The trend is bullish now and the correction wave develops.
A pullback buying opportunity will appear after the correction completion on the Daily timeframe.
The highs of September 3 – 5 will be the target for the bullish movement continuation after the correction is finished.
In case of successful development of the trend, a more distant target will be on the highs of August 12 – 15, where the next resistance is located with the borders of $19.23 – $19,90.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 26 – 30 . The borders of this support are $13.0 – $13.15.
SWFTC SwftCoin low market cap Swap listed on Coinbase !SWFTC SwftCoin is i think thelowest market cap coins listed on Coinbase.
It has a market cap of only $6.21 Mil.
At this level, low float and tight order book, a small pump could skyrocket SWFTC to 10X!
SWFT Blockchain is a cross-chain swap aggregator that combines blockchain and artificial intelligence technology to provide support for all major public chains, and hundreds of cryptocurrencies, as well as mainstream NFT trading platforms and mainstream NFT projects.
So SWFTC is a swap, like Uniswap ($4,78Bil mk cap), Pancakeswap ($577Mil mk cap) Anyswap ($95Mil mk cap), while SWFTC has a mk cap of only $6.21Mil.
It is now trading at only $0.001551, but at its peak it was $0.09186.
So i believe the 10X is reasonable from here.
Looking forward to read your opinion about it.
AXS (Analysis)Hello, dear TradingView members.
AXS was downtrend last week. After several attempts by buyers to break the resistance of $19, the price hit a higher resistance at $20. Due to breaking the resistance of the $19 range, the buyers tried to turn this resistance into support. But it was immediately accompanied by selling pressure, and the trend reversal started at $20.
The support range drawn on the chart at the price of 13.5 to 14.1 dollars has been associated with a good reaction, but you should note that if it returns to the top, it is possible to reduce the price again. More important support is drawn in the chart's $11-12 range. In case of increasing selling pressure, there is a possibility of price reduction to this range. Ichimoku indicator lines can also show the price of $16.5 as resistance. Therefore, the current week's price trend can be between these ranges.
Good luck!
AXS\USDT 👦Adam and Eve👧🇺🇸Hello friends👋.
📈Long: 5-10% of deposit
🔴SL: $16.19
🟢TP: 23.91$
The figure of Adam and Eve has formed, pay attention to how much this instrument was bought back when the price fell below the level, there could be a good growth, long!📈
If you liked the idea, I will be grateful for the likes and comments!
Is AXS going to skyrocket soon❓Hi friends! AXS was a top gainer of 2021 and even in this market conditions make +70% from it's bottom.
Actually it`s look like a big accumulation range at the bottom and now we can see the exit out of this range. As you know, breakout of the range is leading to the pump of crypto so we shouldn't miss this movement.
ADA had the same base and now it`s on the way to my targets. Subscribe and check the previous ideas!
The big guys buy this alt at the bottom as you can see at the volume indicator.
📊 Here are the preconditions to open a long:
🔥 squeeze to the $20-22 value area
🔥 whales orders to buy which DOM and Footprint indicators show
🔥 possible trap (shake out) to collect long traders sl
🔥 bullish BTC help ETH to reach all the targets
The max-min profit for this movement at least +20-60% but it`s not even the long term target.
📊 The targets:
1. $22.7 - key level, you can close here 30-40% of long and fix profit+set sl at breakeven
2. $28.5-30 - value area, closest resistance and even number
💻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.
AXS/USDTA low number of players means a low demand for AXS
As a quick refresher, AXS serves as a payment token within the Axie Infinity game ecosystem, allowing players to purchase non-fungible tokens (NFTs), in this case the digital pets we all know as "Axies."
It also acts as a utility token that players can spend to breed new Axies.
New users entering the Axie Infinity ecosystem need 3 Axies to take on other Axies. When they win, the platform rewards them with another native token, called Smooth Love Potion (SLP) while winning bigger tournaments earns them AXS.
Consequently, old Axie Infinity players rely on new ones to keep up the demand for Axies.
Otherwise, they could risk former players selling their SLP and AXS earnings on the markets (e.g. cryptocurrency exchanges), thus adding downward pressure to their prices.
But when native Axie Infinity token prices go down, it also makes the game less attractive to new players, who would still need to buy 3 Axies in order to earn SLP and AXS, only now they would be worth less.
The Axie Infinity ecosystem has gone through stages, as mentioned above, in 2022, with its player count falling to 8,950 in June from 63,240 in January, a drop of almost 85%, according to data provided by Dapp Radar. Interestingly, this coincides with the 80% drop in the price of AXS in the same period.
Inflation rising
New inflation data has further curbed bullish bets on major cryptocurrencies, which, one way or another, fuels the bearish outlook for AXS.
In particular, the US consumer price index (CPI) rose at an annual rate of 8.6% in May, compared to 8.3% in the previous month, accentuating investor fears that the Federal Reserve will be forced to raise interest rates aggressively in the coming months, which would push risky assets down across the board.