AXS
ETHEREUM [ ETH ] - Value Areas (FOMC + possible Whale dump)I'm removing my BULL shades and BULLISH bias for a moment to consider that possibility that ETH may fall further. After the FOMC announcements today, if it's bad news, I can see Whales taking advantage of it by doing one final dump on Bitcoin and Ethereum. If this were to happen, I see these value areas on Ethereum. If there is no reaction, however, then it should be business as usually and we go sideways or up here on Ethereum.
AXS, bullish structure on the chart A falling wedge pattern has formed on the AXS chart, it is a bullish structure, it is statistically breaking up, but bitcoin could once again renew its local lows, so two scenarios are worth highlighting.
The first scenario is that the price breaks through the upper boundary of the wedge, after which there could be a rise to the targets marked at the top.
The second scenario is that the price falls and breaks the pattern downwards, in case of a false breakdown of the 77$ level there would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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.
MY MINIMALIST CHART ANALYSIS FOR AXIE INFINITY
$AXS
12.02.21
0811H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR BEST fo a SWING TRADE.
We are now looking at a NEW ENTRY POINT. Wherein the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for accumulation and distribution and then the COILING of THE MARKET.
The previous SWING ended pretty well with amazing profitability.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, together as predicting
certain major FIB Levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Egalitarian!
Bitcoin [BTC] - Decision Area! This will determine what's next..After dropping to this Support/Demand area... Bitcoin has hung around the past couple of days. If it was going to continue up, we would be out of this area by now. This is the time for Bitcoin to make a strong statement if we are going to continue up soon. If we keep hanging around this area... or worse... drop below the previous low on the dip, this could drag out for a couple of more weeks. Anyone who has been invested in crypto over the past year or longer understands how it goes.... HODL through the strorm.... diamond hands always prevail. Not financial advice.
AXSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has been able to support after hitting its support line and this is a good news, but if it can not break the resistance line in front of it, it will start moving to its first support line and if it can not be supported and drops below the first support line, it can move to our next support line.
But if it breaks the resistance line in front of it and fluctuates above it, we can see an increase in price.
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
AXS - just wait for these scenarios!!!AXS, like the rest of the market, is now in a state of local consolidation.
If bitcoin declines further, AXS could also correct heavily. Good entry points should be expected at the moment. If there is a squeeze and a breakout of a key level, there could be a good buying opportunity. Also in case of a strong drop, a bounce from the liquidity zone below could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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.
SLP - price hits an all-time low!!!SLP has been in a downtrend for a long time. It is worth highlighting that the price has updated its historical lows, in case of a false breakout there could be a very good buying opportunity.
Locally it is worth highlighting that a trend line has been formed on the chart. Breakdown of the trend line will be a good signal for continuation of growth.
At the top marked a resistance zone, you should expect a reaction from the sellers, you can fix a part of the position in this area.
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Bitcoin [BTC] - BULLISH. Decision Area... After bottoming out, Bitcoin looks like it's going up from here. $49,600 looks like there's some resistance there. If we get pushed back down... we should take off from one of these two Support/Demand ranges below. Or... we could just push right through it and go up from here. Either way, I see is going UP.
AXS Trade setup 📣Hello dear traders. I hope you are having a wonderful day.
Today I want to share my thoughts on AXS. As you can see price has broken the triangle and is making a pullback.
Buy zone and target are shown on the chart. Also put SL below 120$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on AXS and don`t forget to comment what you think. ✌
AXSBTC Ready for Breakout?With BTC dumping right now I've got my eyes out for the next big breakout. Often times right after BTC dumps and starts recovering one of the alt coins breaks out and first indication of that usually happens when you look at the coin compared to BTC. I'm still waiting to see what happens here but eyes are on AXS right now.