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AXS

AXS has recorded extreme fluctuations!During the last week, AXS has recorded extreme fluctuations, so these fluctuations are unprecedented in the history of digital currencies and unprecedented in the history of transactions of this currency. Its high intensity can be seen even in time frames of less than 5 minutes. In the first place, due to the strong increase in demand, the price of this currency registered a stunning growth from the range of 6.5 dollars and reached 18 dollars. But later on, due to very heavy selling pressure, we saw the price return to the starting range of the upward movement. Due to the downward trend of the overall market and more selling pressure that occurred on this currency, the price decreased to the range of $4 for a few minutes. But then the price of this currency returned to the range of 7 dollars. In the rest of the week, the fluctuations between the support of 6.5 and the resistance of 7 dollars have continued. Therefore, the reason for the formation of one of the daily candles with very long shadows on both sides is these extreme fluctuations. But in the last daily candle, selling pressure is seen again, and the price returns to the low support. The first support for AXS is in the $6.80-$6.90 range. The second support will be in the $6.5-$6.40 range if this level is broken. But if the second support breaks, increased selling pressure could push the price to a new bottom in 2022, which could be considered the $5.30 area.
by MonoCoinSignal
6
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart. In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14 The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform. Moreover, the trading balance of one of the users was in the region of $1 million. CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help. Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher. Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year. Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue. It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60. We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10. The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22
AXS Axie Infinity: Another 50% DropHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Axie Infinity (AXSUSD). AXS price could drop another 50% to the $2.50 range or possibly lower. Crypto gaming has feel apart as much as DeFi and NFTs, so I am concerned that more drop is coming. The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, Volume Profile VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
FTX:AXSUSD
by MillionaireEconomics
AXS Long-Term AnalysisFrom the point of Elliott wave analysis, We can clearly see a downward trend from ATH, Which can have a final target in Wave Z in the specified Fibonacci Range. Considering that the analysis is from a long-term point of view, as a result, the Fibonacci range is enlarged, but an experienced trader should look for reversal patterns to enter the trade by checking the price movement when reaching the Fibonacci area or near it. Also If You can Manage your Risk, you can easily take short on this Time while reaching the Fibonacci Zone, and also it can Be a Great Short Position with +100% Profit with a moderate Leverage. In the future, we will update this analysis as the price moves further. Keep calm and follow the trend with me
Short
by SasanSeifi
AXS Axie Infinity The Full Speculative Bubble and Price TargetAs you can see in the chart, AXS Axie Infinity made 1375X and went from $0.12 to $165 in only one year. Now it is trading at $15.08, still high in my opinion! AXS is an Ethereum based token. Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. In this context, my price target for AXS Axie Infinity is $4.29, still 36X higher from 2 years ago. Looking forward to read your opinion about it.
Short
by TopgOptions
41
AXS/USDT - LONG --> Divergence ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ AXS/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 9.75 - 100.0% Take-Profit Orders: 1) 10.51 - 70.0% 2) 11.08 - 20.0% 3) 11.99 - 10.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
AXS : SHOWING MOVEMENT INCREASE + VOLUMEAXS: SHOWING MOVEMENT INCREASE Depending on the low time frame it can show coming to time more volume trends. This can be also the new Bottom that AXS has made. volume range can increase with time. Targets There is a good chance that we can see coming time a movement of AXS price between 11-15 USD This is expecting and not trading advice: Crypto is most of the time too risky, manage your risk well, and don't just enter any coin with no study and confirmations.
Long
by Goldenbreakout
🔥APTOS and AXIE: similar continuation patterns! Is $14🚀 SOON?🔥 Hi friends! I find the similar pattern and want to share it with you. It can help you to predictthe possible APTOS movements in the next 1-2 month. In the language of traders: to understand in which direction open a trade. 📊 The pattern include 4 stage+1 hidden tip: 1. Triangle on the chart. You can see this pattern on the APTOS and AXIE charts. They forms after the listing when the price of altcoin don't have obvious key levels or value areas. 2. PUMP to the new highs and pullback. A lot of retail traders start to buy some assets when it starts to grow. Of course, the whales see it and try to shake out the newbies. The price start to fall and some of the "investor" already lose -30-35%. WHEN you become the pro trader, you will understand that it's just a trap for the retail traders. 3. Pullback and test the key level as support. The key level for Axie was $0.48-0.5. This is velue area and the place from where the pump begins. Aptos have the key level and value area around $7.35-7.5. It's a key proce point which the bulls have to hold. 4. PUMP to the new ATH after the trap. In this case the whales have enough liquidity to push the price higher and sell all their APT to the newbies, how it was with AXS in 2021. ✅ BUT a lot of you can miss the MAIN DETAIL in this pattern. The MAIN DETAIL is the bullish BTC that make the retailers to be greede and buy the altcoin even by 100-200% higher than it was just 2-3 weeks before. 🚩 So if you understand that BTC will grow for the next few weeks and the test of the $7.37 key level will be succesfull (the price should close above the level and don't return below) you have beutifull possibility to open 1:30-50RR trade! 📊 As you all know, AXS is the one of the most profitable altcoins in 2021. It make 1960x, so if you buy it for $10, you could get $19600. 📊 My targets for APTOS: 🔥$10 - the previous high, even number and the key level. Really strong resistance 🔥$14-15 - the mid-term target Traders, what do you think about next APT movements? Will BTC help altcoins to reach their targets or fall to 16k? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
AXS in free fallI don't know what happened with this coin, but it lost almost all of the HTF support. it is not even near an area that would make me interested to buy for the long term. I expected it to fall as low as 3 dollars. but now it had some kind of reactions that may it indicate a possible range is forming before another leg down. so market structure changed in 4h. when it pulls back to 12h OB and the Golden pocket I would long. anywhere between 8.4/8.7 is good for buying. stop below the low. target the previous wick low that was put in before break down.
Long
by Mushifar
4
AXS will go against the market!Hello, everyone! Recently I showed you the very low targets for altcoins and the Bitcoin. Today I wanna show you the asset which is very closed to it’s bear market bottom. Axie Infinity have the unique wave structure and have already reached the very important level. On the 1D timeframe of the AXSUSDT chart we can see that AXS started it’s last bearish global wave earlier than Bitcoin and other coins. Thus it has formed the wave 2 earlier and we can measure the target for the wave 3. If you remember on the other altcoins the wave 3 reached 1.61 Fibonacci, the classical target. On the AXS wave 3 is extended and reached almost exactly 2.61 level. Now I anticipate the corrective wave 4. Taking into account the fact that wave 2 retraced too much, almost hit the wave 1 start, wave 4 should retrace no more than 0.38 Fibonacci, approximately $12.6. Anyway it is not forbidden for AXS to reach 0.61 Fibonacci level and retest the broken trendline, but in my opinion it looks fantastic. After wave 4 I expect the trimmed wave 5 because wave 3 was extended. I will make an update when will be time to buy. Now you can trade Axie only locally with the target $12. If you are not satisfied with such potential reward – just skip this trade. Best regards, Ivan
by Skyrexio
12
🔥AXIE INFINITY unlock 21.5M coins: almost 100% profitable trade🔥 Hi friends! A few days ago AXIE start to unlock the coins for it's early investors. 21.5M coins that worth almost $200M flow into exchange to SELL but as we can see there is no huge DUMP as 99% of traders expect. On the contrary, price start to grow with entire crypto market. ✅ I think this event misslead the last AXS holdlers which sold their coins before the event. Of course, the BIG PLAYERS accumulate all these volume. 📊 The main reasons/preconditions to open a long: 🔥 the first trigger is the no DUMP despite the bearish event with coins unlock 🔥 a lot of short traders which become the fuel for growth 🔥 squeeze to the trendline+volume growth before the trendline breakout 🔥 bullish BTC 📊 The main targets for AXIE: 1. $11.3 - the key level 2. $12.2-13 - the value area 2. $13.8-14.8 - the value area ✅ Why I set so BIG targets? All the crypto market in the bear market for the last 1 year, a lot of short traders open their positions then and now before this event. I think they might become the FUEL🔥 for this growth and PUMP the price so hard because of short liquidations. 🚩 Traders, book the profit by parts and don't forget to spend this money on your education, relax, trips or on family. Trading is for making money and not about sitting in front of the screen 24/7. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
Short AXS AXS is one of the first and the biggest play-to-earn cryptos. Will it come back to where it'd started its rally last year to made x30 times in just a few months? AXS is loosing its long-term weekly trendline. Although we will need some days to confirm this break-down but we can short AXS here because in 2D TF, AXS's already broken the local trendline. Moreover, the MFI has also broken the trendline showing that buyer's sentiment is no longer good to prevent it falling more.
Short
by evasivesteering
10
axs coin more dump comming?AXS/USDT 4h time frame update :- AXS Coin currently trade around 8.7$. (Under high pressure) cauze some bad news about axie infinity projects. Till 25 october we are in bearish mood on axs coin but high volitily expected under this project so some small trade possible. Like took trade below 8.5$ for some quick profite. And 2nd trade took below 8$. Before 25 october don't buy it in spot trade do trade with proper risk management⚠ follow me for more updates. Remining things i update you time by time🙃
Short
by CRYPTOPLAYERS-01
5
AXS - AnalysisAXS had a range trend over the past week. The currency's price is hovering in the support zone of $12.5 for the third week, and the short-term descending channel intended for it is still standing. The ceiling of this descending channel in the resistance range of 13-13.5 dollars can still be accompanied by a reaction. For the short term, if the minor resistance in the range of $12.50-$12.65 is broken to the upside, and the 4-hour candles stabilize above this area, we can expect the price to break out of the descending channel. Otherwise, the further price reduction can continue up to the support range of $11.8. If the ceiling of the descending channel breaks above the specified resistance range, the first target of buyers can be considered in the resistance range of $13.7-14. The second target is the resistance of $15, which can be associated with a negative reaction.
by MonoCoinSignal
6