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AXS

AXS breakout longPrice has been holding long term daily support floor. Had a downtrend line that was broken to the upside 2 days ago and has been holding it and daily 20 ema line as support. Price had broke out on the 4h chart and has been forming flag. 2h and 1h charts are seeing bullish divergence on stoch as price is respecting a new short term uptrend line. Price had a 38% retracement from lows. Have bullish bias on total market for near term, this is a hedge to my short positions
Long
by CMSTrading
FTM, The best opportunity to BUY only after THIS!Fantom (FTM) is squeezing under the big trend line. The mirror level of $1.3 is resistance now. We expect the price drop and liquidity collection below the current level, where large capital can take its long positions. High volumes, an example of which you can see in the bottom panel, will be a good indicator of a BUYER. After that a test of the key level of $1.15 and continuation of growth is very possible. 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.
F
by Yuriy_Bishko
7
AXS, trendline BREAKOUT with potential target!Axie Infinity (AXS), the top Game-Fi crypto token, is in a downward trend. A trend line has formed on the chart and the price is starting to squeeze under it. This, of course, shows the strength of the bulls. Also, a descending wedge has formed on the chart, which is a bullish pattern. A possible target for this movement is the key level of $49.50, where a good chance to close your long position. 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
2
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS /USDT : Recovery expected towards 119.00 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. 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 didn't provide a bullish pre-signal, only the 21EMA is acting as support, and we have a small ''evening star doji'' capping the recovery. Those elements can call for a last down leg towards the strategic support but for now the construction of the recovery is more impulsive than corrective so those element for now stay weak within the long-term determinism on going. As long as 49,70 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00 else penetrating 49,70 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, - i will soon published something on it Enjoy !
Long
by JeanJean1983
AXSUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The S1 line which was previously the resistance line is broken. You can set another Buy order at this area and save your profit at the R1 and R2 lines. Always remember to save a certain amount of your profit at one resistance and the rest at the other because the price can hit the first resistance and then fall leaving you in loss. If the price goes lower than the specified area, then there would be more falling. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
AXS Elliott Wave Analysis : Will the pivot hold?Bullish scenario from last chart played out pretty good. Looks like there was a pivot put in at that point. But will it hold? So a couple things of note for me when I look at this PA stand alone in a bubble. Currently the PA is nearing an Invalidation area, once it crosses 56.60. But I still think there is a chance that a motive wave, expanding Diagonal, could still be considered. Another option still on the table, is a 1,2/1,2. The 3rd short term bullish option would be that there is a completed ZZ and the move down from 71.78 could be an X wave, but I have not zoomed out to consider the context to see how it could fit. Holding 46.01 would be a key pivot to hold for these options to stay viable/considered. The Bearish option is that a ZZ has completed and a new low is possible. A completed ZZ does not necessarily mean the correction is complete as it could be the gateway to a larger corrective structure. If it breaks below 55$, by more than just a wick, and throws back for a retest that could lead to a LL as well. But for now watching this area. Already in the algo buy zone, but would be even more interesting if there is one more low to test the support as well as there is ample other factors to contribute to the confluence, MO. Algos Previous Flip Some Elliott Wave fibs as well. Staying above 53.50 would be ideal.
Long
by CryptoKnee