AXS
🆓Axie Infinity (AXS) July-23 #AXS $AXSThe buying volume of AXS is decreasing quite strongly at the area of $ 29 and this shows that there are not many people who want to buy AXS at this price range. If there is no buying here to help AXS break out of this $29 zone, it will fall sharply to the $18 zone in early August. However, as long as AXS conquers the $29 zone, it will also need some time. time before a sharp rise to the $45 zone in the second half of August
📈BUY
🔴Buy : 17.6-18.4$ if A. SL if B
📉SELL
🔴Sell : 28.3-29.7$ if B. SL if A
♻️BACK-UP
🔵Sell : 44-46$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
AXS - AnalysisAXS did a good pump in the last few days.
Now it got rejected by resistance and is going back down for correction. The price might hit the support and bounce back up.
If you're into opening long positions, wait until the price passes the lower resistance area and then after the closure of a 4H candle, open your long positions and aim for the higher resistance.
I'll keep this chart updated.
Current Market Price: $24.8320
Good Luck
Tell me your ideas. Like and Share
[AXSUSDT] Time to short againHi all,
I think it's time to short this again. Too many people still bullish on this one...
If we break this ascending channel we might quickly drop to $17-18 (green rectangle area) and maybe even lower.
Watchout for BTC movement aswell.
Not a financial advice, DYOR :))
Good luck all!
$AXS/USDT 12h (Binance Futures) Rising wedge near resistanceAxie Infinity is hyped as hell and went parabolic leading the Non Fungible Token (NFT) market.
But it seems to be forming a bearish pattern approaching its end, that could send it to a 20EMA retest!
But this is not necessarily topped yet and a last leg-up is likely to short squeeze first, better wait for entries.
Current Price= 26.510
Sell Entry = 29.552 - 31.888
Take Profit= 22.833 | 18.580 | 13.316
Stop Loss= 37.054
Risk/Reward= 1:1.25 | 1:1.92 | 1:2.75
Expected Profit= +25.67% | +39.52% | +56.65%
Possible Loss= -20.52%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
AXS: What's the best buying point right now?Hello friends!
I come to bring my modest opinion about AXS.
After a 950% appreciation curve, for the first time AXS on one undergoes a strong corrective process.
Yesterday there was news involving the shutdown of its servers, which generated fear and distrust in the market.
What is the best point of purchase for the long term?
The 50/60% Fibonacci retracement zone outlined in green to friends seems to be an excellent buying point for anyone looking to take a long-term position in the AXS asset.
This zone comprises between 16$ and 13$.
Obviously, prices may be looking for even lower levels. That's why it's important to keep this in mind and make fractional entries for the long term and not a day trade move.
As always....patience and strategy....
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Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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AXSUSDT ShortLooks like after a quite strong bull run and being super overbought, the bear run has gotten started for AXS, based on this TA we are gonna have a 5-3-5 ABC correction wave which the first wave seems to be finished, we're probably gonna be seeing some bull movement in the 4 hours timeframe since the RSI 40 is gonna act as a temporary support and and starting the wave B, but after that we will have a super strong bear movement to complete the wave C, which I assume the correction will go as low as 12 to 13 by the next week or two.
NOT FINANCIAL ADVISE
Please feel free to share your thoughts in the comments and if you liked the TA upvote it.
#AXSUSDT 10x already, Is it over or more gas is left?Welcome to this quick update.
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.
Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.
Since this coin has been going bananas you never know it can even break $30 in few days.
My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29
IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.
BREAK AND CLOSE BELOW $24 confirm the downtrend.
Stop Loss:- $30.25
DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.
Thank you
Stay safe
#PEACE
AXS Posssible RECOVERY TO 21 usd - FOMO EFFECTHello trading friends,
we did add about chart the risks of FOMO effect of AXS.
And into this chart, we expecting depending on the possible recovery target, that it can be around 21 USD for the first fomo recovery.
We have done before more Fomo charts effects, and we can say with time all of them did recovery.
Can the coin increase more?
Yes, it's possible, but as a day trader, it's not interesting to buy this coin at FOMO affect the price. we did add before about this coin when it was below 10 USD.
Why this expecting?
This a trend study depending on TA and market show, also bitcoin shows to breakdown.
Trade safe! as it can any time change into the short trend.
AXS TIME FOR A RECOVERY FOMO EFFECT? Hello trading friends,
We as traders look in most time for changes that a coin will have more into the trend that gives us the best Ratio and risk possibility, and we can see that ASX had before a great increase of 900% - but some traders and FOMO trend hope more.. into this trend want add know that FOMO effect is also into AXS and when the recovery starts the price can go with 100% or more into the red.
Count always your risks, not only on this coin but all for your trading.
We did add before charts about other coins at the time of the FOMO effect, and later we have seen what happened.
Can it increase more?
Yes, that's possible, but it's not interesting to go high into the FOMO effect if you don't have a planned trend.
Have great coffee time
Like/ follow for more trends.