AXS
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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AXS 12H We want to buy it, but now it's to expensiveToday we will update the idea of the AXSUSDT pair because the previous idea unexpectedly quickly worked out the upper targets.
Just look at the trading volumes, the abnormally strong interest around the NFT token of the Axie Infinity game — AXS, which means that we will often write ideas about it and trade on it.
However, now we need to understand: are they not selling out AXSUSD on highs at exorbitant prices?
To understand this, a correction is needed:
— If buyers stop the fall above $15.75 , this means that there are a lot of people who want to buy and there is no time to correct, only growth is ahead)
— According to the technique, correction is needed in the range of $10-12 , and if you know how to sit in a position for several months, then this is the first tasty purchase for you.
— If there is a negative phase in the market, then the fall will be even lower, to the $7-8 region, and this will be the second tasty buying zone for medium and long-term traders.
The indicative targets from above are $38 and $74, which we will adjust depending on the market situation.
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Simplifying Axis Infinity (AXS), Huge Upside potential setupHello! So let's break down the analysis:
Fundamental Analysis:
1. Axis is directly influenced by Bitcoin
Bitcoin dumps massively -> Axis dumps or consolidates
Bitcoin pumps -> Axis pumps slightly or consolidates
Bitcoin minor correction or consolidation -> Axis pump insanely, just like right now
2. Fundamentally, Axis growth is going exponential, the traded volumes are increasing greatly!! Very bullish sign. Adoption is insane.
Technical Analysis:
1. As we can see, Axis formed a bullish triangle, or if you consider the previous run, it made a bullish flag pole. these chart structures have 66% chance to break upwards.
2. The usual approach is, we take the pole length and put it where it broke out to find out rough selling target
3. As I studied the past chart of Axis, more than technical supports and resistance, Axis tends to follow Psychological S/R. So From that perspective Important price points are:
$50 - Support
$60 - Sell target 1
$75 - Sell target 2
$100 - Final Sell target
Cheers, Have a nice day!! Please comment if you have any question or feedback
Easy profit on AXS on the next few daysAXS is going to go up in the next few days, I’m expecting the prices to fall down, I have already a long order at 41.01 SL at 37.48 and just placed another Long order at 39.34 (Just in case) TP is placed at 47.45 We can expect the prices to go even higher but the volume is low in comparison with the volume of week ago.
SLP/USDT Cup & Handle Pattern Smooth Love Potion (SLP) forming cup & handle pattern. Massive 50% correction since the last pump and at the moment testing the support order block. Be patient and wait for the breakout for entry.
Target 1 - $0.2045
Target 2 - $0.2446
Target 3 - $0.2659
Target 4 - $0.3009
This is not financial advice, Please DYOR and place stop loss below $0.1501 or $0.1262