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AXS

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
GALA: major TRENDLINE breakout! Possible scenarios!Gala Games (GALA) is a popular gameplay project. Like 99% of the cryptocurrency market, GALA is in consolidation. Price is squeezing to the global trend line and may break out soon. In case a manipulation happens (stop-loss collection, false breakout) as shown on the chart, this is a good opportunity to open long positions. Targets: 1. $0.21-0.22 (short-term) 2. $0.245-0.25 Be sure to keep an eye on Bitcoin. If it shows strength and starts to rise to local highs, all altcoins will starts to PUMP. 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
5
AXS, how to trade using KEY LEVELS? FREE education!Key Level. How can a common tool help you to earn more? Let's take Axie Infinity (AXS) as an example! A key level is a local minimum or maximum. It can be clearly marked after a BIG price movement up or down (points of extremum). Key levels are often the price of 1, 10, 50, 100 dollars, because many traders pay attention to this numbers. On the chart we have marked two key levels: 1. lower (for longs) - $44.68 2. upper (for shorts) - $72 When to open a trade: 1. on a test of the key level as support or resistance; 2. on false breakdown of the level. IMPORTANT: IN BOTH CASES, VOLUMES MUST INCREASE! It`s an indicator that a big player opens a trade too! Using the KEY LEVELS you could earn: +62%, +62%, +38%. Risk to reward for these trades from 1:7 to 1:14(!). It's a good statistic, right? If you still have questions how to use the key level and what tools can be used to increase your profitability - write in the comments or to the DM. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Education
by Yuriy_Bishko
12
Axie InfinityWhat Is Axie Infinity (AXS)? Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. To learn more about this project, check out our deep dive of Axie Infinity. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique. Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace. The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.
Long
by UnknownUnicorn36647227
AXS Swing TradeHey Lads and Ladies, Here is how I will be trading AXS over the next few weeks, We pulled back to a really nice Dailly Bullish OrderBlock between the 0.618 and 0.786 Fib level. We also filled in all the unhealthy Imbalance in the PA. So I am accumulating for the next swing high here. Order 1 filled, I am looking for Order 2 to get filled by Monday before we take off, but they may not happen if the 4h Bullish OrderBlock holds up institutional buys get filled. Not Financial Advice, DYOR before taking any trades and always use proper risk management when trading.
Long
by UnknownUnicorn15302902
6
AXS going for another all-time high?Weekly timeframe for AXS shows a hidden bullish divergence, would it go for another all-time high? =================== Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable. READ THIS NOTE!! Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Long
by CallMeBeginnerTheExplorer
GALA, is this a trap for traders? Look at this!Gala is now in the big triangle. On the 30m timeframe we can see uncertainty and price consolidation. When to open a trade? 1. Globally, we can expect an uptrend move. Bitcoin and Ethereum are renewing their local highs and are still showing strength. 2. When the triangle breaks down, traders who opened LONGs will become fuel for a move to the key $0.25 level! 3. After a false breakdown you can try to open a long trade, but we must see large volumes! Now traders who opened short trades can become fuel for growth as the market is still BULLISH! 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
6