MY VIEW ON Smooth Love Potion (SLP)Looking at the market structure of Slp when my friend Christain Onyemetu sahred an insight of the coin to me. I looked at monthly chat and noticed that the general market of slp is overall bearish and the price is also trading at demand zone, so I marked my order block and drew my trendline and they confluenced at $0.177 and I mark there as my point of interest and I am going to set my buy stop at $0.177.
Remember this is nota financial advice, you can as well do your own reaserch.
Little info on Smooth Love Potion (SLP) which you may also like to know is below:
What is SLP?
Smooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode. SLP are tokens that can be used to breed new digital pets, known as Axies. It was formally known as Small Love Potion before the token upgrade to the Ronin blockchain.
The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth, and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
SLP paves the way to the concept of Play-to-earn which popularizes the Axie Infinity games among players who are looking to earn some money or participate in DeFi. It is especially popular in countries like Philippines.
Besides SLP, Axie Infinity has a governance token called AXS which players can use to participate in determining the future direction of the game.
How can I earn SLP?
You can earn SLP by playing the Axie Infinity game through winning battles and fulfilling daily quests hence the "play to earn" term was coined. To start playing the game, you would need to obtain some Axies from the marketplace, which are creatures that can be used to battle other players in the game. Another way of obtaining Axies would be through some interest groups that offer Axies as a loan in the form of a scholarship. SLP earned from the game are splitted between the scholarship holders and the group lending out the Axies.
How much SLP can I earn per day?
SLP earnings can vary depending on the players' skill and their energy resources. On average, a good player can reasonably earn 200 SLP per day through winning battles and fulfilling daily quests.
AXS
AXSUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, if the price can get out of the upper line of the channel and stabilize, it can touch its target. And if the price penetrates below the support line and stabilizes, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
AXS/USDT IS READY!Opening long position on AXS.
AXS is an excellent gaming platform with great fundamentals. It is never disappointing.
Entry for trade will be $69.04 to $73.05
Stop Loss: $65.25
Target:
$76.23
$81.08
$85.71
$91.72
With this consistency, AXS has the potential to reach even $100.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Hit like, and do share your comments.
Thanks
AXS/USDT Potential 27% gain...If AXS/USDT breaks down there is virtually no volume stopping this 27% drop.
I believe the Bearish Scenario is the most realistic scenario to occur.
Bearish Scenario: Currently ATX/USDT has hit ATHs after rising 67.52% ATX has already pulled back 15.98% .If the support of $63 is broken there is very low volume that will hold as true support until $43-$45. ATX has a low volume demand zone that may cause a rise in price but this will not hold for very long as it is not true support.
Bullish Scenario: If ATX/USDT breaks current resistance. There is high volume resistance which could cause ATX to consolidate until the next pump or dump happens. If price pushes past $75 there is little to no resistance that would potentially create another 50-60% push happen. I am not too sure how high ATX would rise in this scenario.
As always trade safe and look for high volume and great price action before entering into a position.
I will be keeping you guys updated throughout the week!
Let me know what you think in the comments!
If BTC continues down, AXS may dump c15%I'm seeing the price below the golden pocket on an upward facing speed fan from a recent key price that initiated a major move.
On the downward speed fan, we're beneath, but testing the lower side of the golden pocket.
If BTC comes down, and we reject here, high probability of downside.
That said, BTC is a monster with it's own agenda and will do what it wants to do.
Trade safely.
Is AXS coming down for a bit?MTF EMA's have flipped, and it seems the short term support around $65 may become resistance. This is also a fib .382 level that we're sat on right now.
We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly).
Looking at the feb speed fans, we're under the support levels and retesting this and the next hour.
Short term bearish.
Only bullish thing I see is BTC might have another little run. On a Sunday though...
Anything is possible, trade safely people.
Peter
AXS Loading up for a big move!Here's a quick look at AXS 1 hr chart. As we can see, the price has printed a bull pennant and we should see a breakout soon! The best entry would be, when the price breaks above the bull pennant with good amount of volume .
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The idea is: Buy the breakout from the bull pennant and take profits at the levels shown in the chart.
Targets:
1. 80
2. 85
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
AXS - sucsess is having a restThis is my AXS working chart for trends.
The pattern is repeating.
BTC is a factor, but AXS has been self supporting. HOWEVER, if BTC and ALTs take a nose dive, AXS will dip.
Next move - I suspect a small sharp rise/fall/rise/fall and more consolidation before once again rising fast (Subject to BTC activity).
BIG NEWS - in case you missed it, Axie Infinity achieved $1 billion
One article "Ethereum-based NFT game Axie Infinity has hit a record $1.1 billion USD in sales, setting a new record for the highest-grossing NFT project ever. The game recently made headlines by helping rural Filipino communities weather unemployment during the pandemic through its play-to-earn model.
The active user base for Axie Infinity has grown exponentially from just over 108,000 daily active users in June to more than a million daily active users today. Data from DappRadar indicates sales of nearly $780 million in the last 30 days alone, with more than 1.4 million individual transactions."
AXS has a great future as a spot HODL and for futures long.
Not financial advice - DYOR
On a side note, check out IOTX - research the project and people involved. It's on Binance (if you don't have an account, use this referral accounts.binance.com )
So far, I have bought 80,000 coins and plan on getting more. I am 400% up and expect 10005 by September sometime.
AXS Movement In near Future.Hi every one
AXS /USDT
AXS still has room for more Bullish Movements !as you can see we've put Elliot waves (12345) Impulse waves on the chart and the Waves tell us that the price has just finished the 4th wave and now on the way to the 5th wave .other bullish signs are Great as well! AXS is also in a Bullish Flag pattern and as you know If the price manages to break this pattern It can Increase as much as the Flag pole! another bullish sign is that there is a Hidden Bullish Divergence (+HD) on MACD which suggests that the price must Increase. so as you can see there are multiple Bullish Signs on the chart and If we consider the Elliot waves the price should reach 70$ but the Flag pattern suggests a bigger Price which is around 79.5$! so the price can reach the resistance zone shown in the picture. note that the ABC correction waves can happen after reaching the 70$!
Summery:
-AXS has multiple Bullish signs
-has completed the 4th wave of Elliot Impulse waves and is on the way of the 5th wave.
-Bullish Flag pattern
- (+HD) on MACD
-Strong resistance Between 70$ and 79.5$.
-correction can start from 70$
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
AXS POTENTIAL DANGERAXS had one hell of a month until some news came out that it might very well be a scam. Users were also losing their funds from their accounts and many other issues that would drag the project to the ground. Even the official BSC Twitter retweeted an article regarding the possibility of AXS turning out to be a scam project. However, Axie Infinity made some good announcements that dragged so much attention into the project therefore giving a huge rise in price.
Regardless of that, it is still a risky pump and dump coin that could crash to near 50% any second because it's extremely overpriced at the moment.
NOTE: this is not financial advice, it's just my personal opinion based on my own research! do your own research before investing your money into anything.
AXSUSDT🌟this alt is on fire lets enter it while still we have a chance (but don't rush let it correct itself and enter at the marked price of entry point)
🌟why did we put entry point that much lower? we believe the rise need a correction and after that we enter which is going to be our specific entry point
🌟should you get in full invest in this coin to recover from the blood bath of BTC ? of course not just invest a portion of your money in it and always include money management before entering an asset!
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