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AXS

#AXS Axie Infinity 1D - Brewing ActionAXS on a daily chart. A few things to note: 1) Rising wedge pattern in play. 2) Bearish divergence on 1D chart 3) Bollinger Bands tightening but similar structure forming since last tightening as circled in the chart. Something interesting is surely brewing here. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
FTX:AXSUSD
by MillionaireEconomics
AXSUSDt 4H Hi everyone Before the AXS price can move to a new record, it must cross a key resistance level. The first key resistance is the downtrend line, which acts as the upper limit of the chart pattern at $ 136 Note that the price may stop when it reaches the $ 144 level and then move towards its historic high of $ 155 Subsequent resistance is $ 169 and $ 187 By crossing these levels, the price can climb to the $ 215 target However, if buyers fail to implement such a scenario, the AXS can be revamped again to the $ 129 level, after which it will fall to $ 125 The $ 122 level will act as support Prices are not expected to fall further, unless there is a massive jump in sales orders, which could push the price down to $ 96 Thankful What is your prediction?
by shayanfb
5
AXS Price Rallies 45% To $1.27 Buoyed By Facebook Rebrand Axie Infinity price skyroketted to areas above $155 as the AXS reacted to the news that facebook was rebranding to Meta. A rise above the immediate resistance around $150 could see AXS rise to tag new highs. Facebook’s announcement of October 28 that it was rebranding to Meta was an affirmation of its ambitions to go beyond online social media to build a metaverse. These news triggered a speculative rally cross NFT and Gaming cryptos in the Metaverse. Decentraland (MANA) jumped by as much as 80% between October 28 and October 29 with its market valuation exploding from $1.44 billion to over $2.08 billion in just 24 hours. AXS, a native token to Axie Infnity, a Pokemon-styled “play-to-earn” pet training game and virtual world also rallied by as much as 22.5% to hit a two-week high above $160. AXS is Axie marketplace’s legal tender where players use it to purchase digital pets (in-game NFTS). AXS Price Takes A Breather Above $140 Axie Infinity rallied over 39% from a low of $117 on October 28 to a high of $163 on October 29. This rally was rejected by the $150 resistance level which has since seen the AXS price correct to the current price around $142. AXS is trading with a bearish bias above $140 and slip below this level could see it lose the recent bullish momentum to tumble towards the $125 support wall. A slip below this could see a safe haven at the demand one between $108 and $114 shown by the green band. On the upside, if AXS price overcomes the selling pressure from the supply zone between $148 and $155, the Axie Infinity Token will rise to discover new record highs above $155. The upsloping moving averages and movement of the MACD in the positive region validate this bullish outlook. Morever, the position of the Relative Strength Index (RSI) indicator at 63 close to the overbought one shows that the bullish momentum still has some strength.
BINANCE:AXSUSDLong
by CoinGape
2
✅AXSUSDT - As predicted. Amazing Surge hit our 1st TP!BYBIT:AXSUSDT - For you that took profit with this strategy, Congrats! - As usual, do not forget to take profit at 1st TP we set, you can hold the rest until TP2 or TP3. Just take it anytime you satisfy. - Also, I set a new SL $137.735 for you to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3