Is AXS Bullish or Bearish?Hi guys.
I'm here again to talk about the hottest NFT game in the Market. $AXS over the past 2 months had shown us huge rallies as Sky Mavis released AXS staking. I've been leaning towards bearish bias as AXS has formed a bearish harmonic pattern after it peaked at 154 dollars.
The latest maintenance recently took some hiccups as it took longer time to finish the updates. AXS still in consolidation on what appears to be a bullish pennant. the apex of the pennant ends at Oct 27, so we will likely see a break out from it sooner. While bias is leaning on the bullish side, a break below the lower trendline will result to a deeper correction to 80 dollars which is about 35% decrease from its current market price. A break however at the higher trendline will confirm the flag pennant pattern and will likely result to an 80% rally towards 230 dollar level.
The succeeding 4 hours is important as we are about to finish a daily candle close. A candle close higher than yesterday's candle close will result to a bullish engulfing candle pattern and will likely propel AXS to break out from the pennant.
So that's it. Bull/Bear but bias now is leaning towards the bullish side.
Let me guys know what you think about it in the comment section.
Till next time.
AXS
EPIK seems to have found support... Easy moneyAfter the initial blow off from the ICO, it seems we have found our first line of strong support at around $.10. Being that this is a relatively new project, with such a minuscule market cap, it is surprising to see such a clear line of support from this soon from the 4H.
If you are interested at all in this project, and have hopes of it one day becoming a competitive eco-system in the NFT space, then I think right now would be a good time to enter. I bought in at this level and plan to hold long, as personally, I easily seeing this project's cap going 10x once the app is launched and there begins to be an in-flow of users.
www.epik.gg
AXS/USD Short.
Signals:
Position: Short
Entry price: Limit order at 119,537
Target price 1: 101,570
Target Price 2: 72,837
% decrease: P1: 15% P2: 39%
Indicators:
DMI: The ADX line is showing strong signals of a trend and the D+ line is staring to slope
downwards as well as the D- line is showing signs of a downtrend as about to start.
RSI: The RSI line was above 70, a t81,80 and has started towards 58,34and signs of being overbought.
MACD: In this indicator has the MACD line crossed the signal line and negative momentum has started.
Fear and Greed: This indicator indicates that the market has extremely greedy investors and that the market is due for a correction.
Analysis:
The analysis indicated on bearish signals from both the three indicators, where DMI shows negative momentum, RSI is showing signs of the cryptotoken being overbought and the MACD line is showing signs of bearish momentum. A recommendation is to enter the trade when the price brakes below the support and retests it successfully as a resistance.
Fear and Greed Index is showing extremely greedy investor climate resulting the market waiting for a correction. Together with this index and the other three indicators is the analysis able to show signs of a short position.
No Financial Advice.
SLP Coin Latest UpdatesHey Guys,
After the new AXS/SLP annoucments, SLP has a very promising bull run to a new all time high.
it has become harder to farm Smooth Love Potion (SLP) in the game, and bots no longer abuse it.
so once that happens it will stop being oversold and starts the bull run, in the mean time, there is a very promising rumers
that SLP will be listed on Coinbase specially after their CEO started tweeting about AXIE growth and the fact that they have AXS listed
on their exchange and not SLP rings a bell.
So let me know what you guys think!
Comments are much appreciated.
Regards,
NFT play! AXS vs EPIK vs OMIFor this NFT comparison i will pick:
the Top Collectibles & NFTs Token - AXS Axie Infinity
OMI, ECOMI, emerging digital collectibles space
and the The global leader connecting brands with video games, apps, and VR/AR. - EPIK Prime
Axie Infinity, AXS, is a blockchain-based trading and battling game that is partially owned and operated by its players.
Axie Infinity is a digital pet universe where players battle, raise, and trade fantasy creatures called Axies!
Axie Infinity
AXS
Market Cap
$7,82 Billion
Made 1260X in 11 months
ECOMI, OMI, is a technology company based in Singapore which aims to lead the way in the emerging digital collectibles space, as well as protection of digital assets.
70,000 users
ECOMI
OMI
Market Cap
$1,14 Billion
EPIK Prime produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo , Tetris, IBM , and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK , Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
Their Lockr app: With Lockr, you will be able to view and access all of your items from all of your games.
Lockr combines all of your digital items, in-game items, and NFT items into an interconnected, social, and simple to use solution.
First listed on Huobi Prime (only quality projects) on September 26th and recently listed on Uniswap.
On Oct. 12 Coinbase NFT was launched, a peer-to-peer marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens. I think it`s a matter of time when we will see this project to all major exchanges! remember my call on ACH Alchemy pay before listing to Coinbase that made 26X? If you bought the all time low and sold the top on Coinbase, it had an 186X upside!
EPIK Prime
EPIK
Market Cap
$12,6 Million
1 Billion
network userbase
AXS , Axie Infinity, was 0.1234usd on November 5th 2020, 11 months later, few days ago, was 155usd, so 1250X highe!!!
Comparing the market cap, AXS has 7.9Bil and EPIK 13mil. So EPIK is 607X cheaper.
What is your price target for EPIK??
EPIK Prime 600X upside potential???I know, it might sound exaggerated, but let`s look at the facts, because this was a premium signal in my group:
EPIK produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo, Tetris, IBM, and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK, Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
Their Lockr app: With Lockr, you will be able to view and access all of your items from all of your games.
Lockr combines all of your digital items, in-game items, and NFT items into an interconnected, social, and simple to use solution.
First listed on Huobi Prime (only quality projects) on September 26th and recently listed on Uniswap.
On Oct. 12 Coinbase NFT was launched, a peer-to-peer marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens. I think it`s a matter of time when we will see this project to all major exchanges! remember my call on ACH Alchemy pay before listing to Coinbase that made 26X? If you bought the all time low and sold the top on Coinbase, it had an 186X upside!
Now EPIK has only $13Mil Market Capitalization.
A competitor, AXS, Axie Infinity, was 0.13usd on November 5th 2020, 11 months later, few days ago, was 155usd, so 1200X upside!!!
Comparing the market cap, AXS has 7.9Bil and EPIK 13mil. So EPIK is 607X cheaper.
AXS is overbought - be careful We are expecting AXS to drop to 70usd area and the 144 EMA daily.
We have a divergence on the RSI and we failed to make new highs.
On top of that, there is a massive inflow of AXS into the market due to the staking rewards.
Better buy SLP if you want to invest into Axie Infinity game.
Follow for more updates.
AXS Excess? Chart by CryptoKnee 14OCTBase channel bounce, so pretty, MO. Checking some boxes and hitting some MLT for an impulse wave, MO. Have the Most likely target for a wave 5 here, doesnt mean it has to stop there though. Id say the w3 and w5 of the W3 are extended. Would not be surprised if it broke the high a bit and then a retrace followed... but its AXS so I wouldnt be surprised if it dillies up again. If the current move finishes as a corrective wave, may have to change my tune....and my count. lol.
AXS/USDT. Price going down on the medium term (to Dec. 21)
Short signal for me, bearish on AXS over the next 2 months.
First step: Price is going down to the yellow resistance, or to the green up trend.
> probably will reach one of the two where the red ellipse is.
Only short it if you know what are you doing.
Don't use this as a investment advice. I'm just sharing my thoughts.
HOWEVER, AXS has been one of the most volatile coin recently on Binance Future. So careful.
AXS - PUMP IS COMING 😱🚀🚀AXS has broken the trend line and is now testing it as support. This is a good signal for continued growth. Above is the marked liquidity zone, where it is worth fixing your profit.
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.
🔥 AXS Bull Flag Break OutAXS is one of the top gainers of the last few months, surging over 3000% in value. After hitting $150 recently, AXS traded in a prolonged bearish channel.
As of earlier today, bullish volatility has returned and AXS broke out of the bearish channel, making it a bull flag break out.
There's a decent chance that we're going to touch the current ATH again, around $150. This is assuming that BTC will trade relatively stable in the coming day or so.
In case of a strong move like we've seen before, expect $175 in the coming days.
Happy trading!
AXSUSDT - Ready for another Bull Run??AXSUSDT (4H Chart) Technical analysis
Flag or Pennant pattern
AXS/USDT(4H Chart) Currently trading at $120
Buy level :Above $122 (Buy after Breakout)
Stop loss: Below $109
TP1: $136
TP2: $153
TP3: $174
TP4: $199
Max Leverage 3x
Always keep Stop loss
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AXS UPDATE After a bullish a movement of AXS price we are in a correction phase but as noticed it's a negative correction the market will slow down in the few next days.
- we can see the price resisted by the 200MA also it was below it in the last days ,that means it will stay like that for a while
-resisted also by the 50MA after the price cross it down with a huge red candle and a great red volume we will see a consolidation and a price drop till the golden area (GA), this drop explained by the down channel as we can see in 4h chart and 1h chart,
POV:
* The great time to invest in it and enter the market is when it reaches the golden area
* Gain some profit while waiting going short is a great option but after the price breakdown the consolidation level the have a good confirmation
* not a financial advice