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AXS

AXS cryptocurrency - counter-trend trade with a target of $43Everyone who had the opportunity to watch the online growth of the cryptocurrency AXS in the period from June to October 2021 is now shocked. The gaming token, which grew uncorrected and ignored the local waves of bitcoin decline, is n ow one of the weakest . The global prospect of falling AXS is great. We believe that the price of AXSUSDT may fall to the range of $19-21. The main question is whether sellers will be able to realize such a fall without deep rebounds. The global breakthrough of the initiative on the cryptocurrency AXS occurred after the breakdown of the $43 range . All this happened without increased trading volumes, which confirmed the need for cryptocurrency now. If we analyze the trading volumes not only on the Whitebit exchange (according to the charts of which we are now analyzing) but also on other exchanges - it becomes clear that trading volumes began to grow in late April 2022. Of course, these trading volumes are not equal to July 2021 . As a result, a consolidation in the range of $27-35 was formed. These facts suggest that the sellers do not have enough strength to continue to fall without correction. In addition, the price of BTC also came at a critical moment, from which buyers still have a chance to organize a local wave of growth. Analyzing the graph of USDT dominance, we see that the figure is at historical highs. All indications are that now is an important critical point, which will set the direction of price movements in the medium term. Going into a short position is now much riskier than trying to catch a counter-trend deal. Opening a short position for us would be wise after the $43 test mark. As long as we see the local weakness of sellers there is a chance to catch a correctional wave up: AXS trade Entry: $27.4-28 Stop : $24.97 TP-1: $34.2 TP-2: $43 Importantly: 1) The size of the position must be smaller than usual (counter-trend agreement) 2) The size of the position should be divided into 2-3 inputs. One part to go today, the other - May 7-8 (if buyers keep the price). The last entry into the position should take place after active rebounds of the AXS price up. We recommend that you follow these rules when trading against a trend. So you will not miss trading situations and in case of error (and they will be) losses will be controlled.
Long
by P_S_trade
24
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 ;)
Long
by JeanJean1983
Axie Infinity (AXS) Buy ZoneAxie Infinity (AXS) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High On 4 hours timeframe Axie Infinity formed bullish pattern which shows the possible reversal at $29 zone. -------------------- $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. --------------------
Long
by Zerene
🚀GALA: where to BUY? Amazing setup after a HUGE liquidation!📈Gala Games(GALA) is in the downtrend for 1 month. Why is it good and when to open a long trade? When crypto is in a long consolidation or downtrend, it becomes "healthier". Weak hands, retail investors, novice traders begin to close their positions at a loss or break-even because of exhaustion and waiting for 10000%. Who are they selling to? They sell to those who know how to wait, who have been in the market for a long time🐳 💡We have to wait for the beginning of an uptrend movement to open a trades to gain more profit and have a low risk. If you dont know what is a trend and why it`s so important for trader read this article! Reversal points and triger to open a LONG will be the HUGE liquidations! You can see it on the volume indicator and they are marked on the chart also. Where the liquidations are most possible: 🔶the key level of $ 0.153. At this point there is a lot of stop-loss traders and a lot of liquidity for a large player. 🔶the support zone of $0.115-0.136. Even more liquidity and more panic sells😓 🔥Fuel for growth will be the traders who will open shorts on these corrections! 🎯Targets: 1. $0,32-0,37 2. $0,45-0,51 Wait for updates, be careful and don't become a fuel!😉 Friends, press the "like"👍 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.
by Yuriy_Bishko
21
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
BINANCE:AXSUSDLong
by FX_Professor
5
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.
Long
by Goldenbreakout
AXS still not have show the effect - THE BREAKOUTAXS is depending on most of the study trading skills and signals on important trends for a breakout. Since the last updates 2 days ago - AXS looks still not to make the expecting move Why is this? First of all, the breakout could take some more time - and AXS checking also the market changes of BTC Depending on the study there are more reasons why AXS should breakout, only the market has not confirmed it yet - for this reason, it's interesting to follow the trend to see or there will come setups that could get this coin into uptrend. At this moment - AXS is also into the breakdown trend for the low time - and for this reason, it's only interesting to check it out. 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.
Long
by Goldenbreakout
GMT Repeat Same history as AXS infinity. GMT Repeat Same history as AXS infinity did. AXS highest price was $166 per coin at that time Market cap was 9.75B of USD. Huge number GMT current price is $3.16 with a market cap of 2B of USD. That means if this coin repat same history it could make an additional 5x. To reach a 10B market cap. I think We can trade this coin during significant pullbacks because so many people bought a LOT of coins during IEO. at $ 0.01 per coin rased $ 4,200,000. That means every dollars is made 321.98x ( +32,098.1% ) of profit. PRIVATE sale. Price per coin was $ 0.005. Raise $ 5,000,000. Current RIO 643.96x ( +64,296.1% ) Friends, it's huge numbers. That means when the lock-up period will end part of people will sell their coins to the market. that's why when u trade ALWAYS use STOP Losses. And book your profit as i mentioned in a video.
Education
by Yuriy_Bishko
11
AXS - The Breakout view from side of technical anysalse- AXS shows movement volume which could bring AXS into a new breakout view as the chart shows - 2 Targets for AXS - between 53/$55 and $69 Breakout chance 77% Increase period 1-30 days This update is depending on range trading and the last BTC running market price actions. AXS at this moment is still interesting depending on the price action that it shows. The question is: when are we getting the breakout? There is no guarantee into trading, but from trading view more chance. Most of the time the price could change with BTC price action to breakout - but more chance of the real breakouts its coming from the whale trend interest and most time unexpected. 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.
Long
by Goldenbreakout
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.
Long
by MarketM8ker
4
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! ---------------------------------------------------------------- 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. If you appreciated this analysis, consider Liking or Following . Thanks!
Long
by mercury_rising