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AXS

AXS/USDT - Axie Infinity: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the NYSE:AXS / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 7.46 | 7.69 | 8.28, and the major support zones can be found at 6.87 | 6.51 | 5.92. Consider entering a trade at the current price zone of 7.37 and targeting higher levels. ◰◲ General info : ▣ Name: Axie Infinity ▣ Rank: 56 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: Media and Entertainment - Gaming ▣ Overview: Architected by Sky Mavis and inspired by Pokemon, Axie Infinity is a "play-to-earn" pet training game and virtual world built on the Ethereum blockchain. Players can collect, breed, battle, and trade in-game pets called Axies. All in-game assets are represented via fungible ERC-20 or non-fungible ERC-721 tokens and thus trade on secondary markets. ◰◲ Technical Metrics : ▣ Mrkt Price: 7.37 ₮ ▣ 24HVol: 11,815,545.852 ₮ ▣ 24H Chng: 2.078% ▣ 7-Days Chng: 2.36% ▣ 1-Month Chng: -1.00% ▣ 3-Months Chng: -14.91% ◲◰ Pivot Points - Levels : ◥ Resistance: 7.46 | 7.69 | 8.28 ◢ Support: 6.87 | 6.51 | 5.92 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.84 ▣ Last 90D: -0.94 ▣ Last 1-Y: -0.55 ▣ Last 3-Y: 1.41 ◲◰ Volatility : ▣ Last 30D: 0.50 ▣ Last 90D: 0.66 ▣ Last 1-Y: 1.06 ▣ Last 3-Y: 1.75 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is 0.75 - V. Bullish ▣ In-depth AXSUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
2
Downward Trend Reversal Potential and Target ConsiderationsAXS has exhibited a downward trend over the preceding month, manifesting a robust negative response subsequent to encountering the resistance level of $9.60. Concurrently, market dynamics exerted selling pressure, leading to a reversion of this currency's value to the previous support level. Despite breaching the previous floor within the $7 range, the price has persistently clung to the indicated support level in the range of $6.50. Within this specific range, a range channel formation has materialized across lower time frames, implying the potential for a trend reversal. It is pertinent to note the presence of positive indicators within the daily time frame that signal a favorable shift. Furthermore, it is noteworthy that the chart reflects a pump condition for this currency. However, it is important to exercise caution as the price has encountered resistance at the upper boundary of the primary downward channel, which could lead to a retracement toward the upper boundary of the 4-hour time range. If the support level remains intact and the price sustains its upward trajectory, consideration can be given to a target range of approximately $11.5 for this currency.
by MonoCoinSignal
3
AXS: Channel Down BreakoutAxie Infinity (AXS) technical analysis: Trade setup : Price appears to have broken out of a Channel Down pattern, which could signal a trend reversal with upside to $13.00 (start of Channel). Conservative traders could wait for a confirmation of breakout – if price breaks above 200-day MA. Stop Loss level should be set below the prior swing low of $7.00. Pattern : Price is trading in a Channel Down patternWith complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10 (previous support), then $15.
Long
by altFINS
1
AXS | Looks Promising here..!! #AXS Looks Promising here 🔥 Pretty Solid Consolidation in Descending Channel. Seems like Bottomed out & Ready to Fly. In Case of Breakout, Expecting +400% Bullish Rally in the Midterm..(Patience Needed) It's important to maintain a Disciplined and Patient approach to investing in order to achieve Long term Success. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Long
by Faibik
4
#AXSUSD - Huge Short Coming off After Huge Long!We closed a large Long trade of 56% gains with #AXS yesterday, it was a good day - and this wasn't even the best trade of the day! :) Coming off the back of that success we've got a good Sell signal from Crypto Tipster v2, price tested and was rejected by this descending trend line and there's a reasonable gap for the price to fall until recent support levels are hit. TP1 should net you 20% on this Short trade, if TP2 get's hit you'll be looking at nearly 50% - awesome. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:AXSUSDShort
by theCrypster
2
$AVAX $DOGE & other Altcoins were great buys days ago, what now?Last week we mentioned buying #crypto #altcoin We spoke on: $AVAX $JASMY $ADA $MANA $MLN $DOGE $TLM $SPELL $TRU And others... We then spoke on taking some profits, sold 1/4 to half of positions on that bump. Yesterday many hit support levels & some are still close to support levels today. Here are some that are still not at bad prices $AXS $ASM $AVAX $FARM $FLOW $ENJ $SUKU hasn't sold off and held well $MKR has pulled back a decent amount but looks like it wants to sell off a bit more. #cryptocurrency #altcoins #cryptotrading
by ROYAL_OAK_INC