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AXS

AXS - Axie Infinty ready to mave a move?The line (200ma) is just below the 50ma and the coins JUMPS up. On a couple of occasions the 200ma has been ABOVE the 50ma and the coin has dipped then recovered towards and up trend AND then, gone UP again. This only happens in the 1 HR. The 30 min TF shows that it is close with all Mas (7, 20, 50 & 200) bunching. Volumes are low – another indication WHEN will the white meet the other lines (over night?? - OUCH - missed it). When they do meet up, will the white be above or below and for how long will it 'wiggle' before a move? The 50ma is below for an UP. The 50ma is above for a down. Right now, the 50ma is above - so not going up yet. BUT when, when when. It would be good to be 100% sure and to catch a good trade. Local trends lines show consolidation with price action. My gut says it could break upwards in the next few hours (or even in less than an hour). Not a massive jump, but significant enough. Consolidation periods last from 2 days to 14 days - this one is 5 days & 8 hours so far. My target would be (1) $146 and then (2) the old ATH of $155 and (3) a new ATH of around $175 My stop loss would be around $118.50 I have set up a limit order to trigger at $128.90 - this will prove the local break out and up. NOTE: It might re-test. ALSO, it has to break the main trend line. Only my thoughts and not financial advice. DYOR and check the charts.
Long
by esorlegin
7
AXS clutching at supportATM I don't believe AXS will be able to hold it's support level at 119.23usdt. Although our HTF bias on the daily is still bullish, on 4h and below we have retraced and now struggle to bounce from support. One successful bullish BOS did occur reaching 140.90usdt, but since then we've created a lower high and a lower low, breaking on LTF. That left large supply zones that will have to be absorbed which might be difficult, seeing as how we've already used up or demand zones. I would like to see 130.97usdt being broken first, and if we're able to do that, we might be able to cut through the large supply zone overhead. Not holding my breath though. In case AXS continues to roll, I will be eyeing the next demand zone which is our daily zone at 110.36usdt.
by solomonroskin
AXS loading up for round 3! But BTC dictates the market! Here's a quick Look at AXS 30 min chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 138$ 2. 144$ 3. 155$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto