AXS broke through its important resistance in the $10 rangeIn the last 24 hours, AXS broke through its important resistance in the $10 range with a growth of more than 40%. This resistance placed exactly at the ceiling of the range channel of the daily timeframe has become a good support, and we can expect a positive reaction in the pullback to this level. Note that the price of this currency is close to the ceiling of the main descending channel, and a negative reaction has accompanied the $14.31 resistance area at the ceiling of the descending channel. If more reaction is observed, reversal patterns can be formed. But if the support of buyers continues and this resistance is broken, the possibility of a further price increase to the range of $16.83 to $18.39 will be provided. We expect a stronger negative reaction from this resistance.
AXSBTC
4-hour uptrend channelThe price of AXS has not yet taken an uptrend in the daily timeframe, we have an uptrend in the 4-hour time frame, and the price is in an uptrend channel. The bottom of the channel is in the $8 range. If the pullback is deep and reaches this area, we can expect a retest of the $10 resistance if we see signs of reaction. Currently, the first support that the price has reacted to is at $8.65. If the midline of this uptrend channel is broken by the close of the next daily candle, a deeper correction to the specified levels is expected.
Support and resistanceThe movement of ascending candlesticks in the daily time frame, if accompanied by a pullback, the support considered at the level of $6.5, can have a positive reaction for the continued price growth. But there is also a minor resistance in the $7.59 range, a break that could provide the conditions for continuing the move up to the major resistance. Otherwise, there is a possibility of a return to the $5.85 support.
AXS - We expect a negative reaction in the low timeframesAXS has been trending lower over the past week, breaking its support in the $6.4-$6.5 range, and has hit a previous low on the daily time frame. This support, which is related to the daily time frame, is the place where the trend changes from bearish to bullish and can bring a positive reaction again, which includes the price of $5.35 to $5.85.
In the last 50 days, a positive reaction has been observed from the same range, so it is still valid. Confirmation of the reaction and reversal requires price stabilization at this level and signs of a trend change in the 4-hour time frame. Strong bullish candles are still not observed in the 4-hour timeframe. And one of the minor resistance ranges is at $6.20 USD. If the price hits this resistance, we expect a negative reaction in the low timeframes. In general, in the best case, we can expect a range trend between the considered levels for the next week.
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 $5.30 area.
AXS/USDT - LONG --> Divergence ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ AXS/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 9.75 - 100.0%
Take-Profit Orders:
1) 10.51 - 70.0%
2) 11.08 - 20.0%
3) 11.99 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
AXS SHORT SETUPHello, dear traders. how are you ? Today we have a setup to sell/short the AXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
axs coin more dump comming?AXS/USDT 4h time frame update :-
AXS Coin currently trade around 8.7$. (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🙃
AXS\USDT 👦Adam and Eve👧🇺🇸Hello friends👋.
📈Long: 5-10% of deposit
🔴SL: $16.19
🟢TP: 23.91$
The figure of Adam and Eve has formed, pay attention to how much this instrument was bought back when the price fell below the level, there could be a good growth, long!📈
If you liked the idea, I will be grateful for the likes and comments!
Axie Infinity (AXS) - August 3hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AXSUSDT 1D Chart)
Primary resistance: 20.89
Secondary resistance: 31.13
Support: 14.39-15.68
The key is to find support and move higher near 17.20.
If it falls below 14.39 and is resisted, a Stop Loss is needed as it could lead to further declines.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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#AXS/USDT 2HOUR UPDATE BY CRYPTOSANDRS !!Hello, members welcome to AXS/USDT 2hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart the AXS/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up all the way to $38.32 means almost 70%.
So if it moves to the green zone again then it will be the zone to go long on AXS/USDT
entry:-$21.10 , $22.30
target:-70%
stop-loss:-$19.60
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Trading opportunity in AXSUSDTBased on technical factors there is a long position in :
📊 AXSUSDT Axie Infinity
🔵 Long Now 32.80
🧯 Stop loss 26.00
🏹 Target 1 37.00
🏹 Target 2 45.00
🏹 Target 3 61.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
AXS still not have show the effect - THE BREAKOUTAXS is depending on most of the study trading skills and signals on important trends for a breakout.
Since the last updates 2 days ago - AXS looks still not to make the expecting move
Why is this?
First of all, the breakout could take some more time - and AXS checking also the market changes of BTC
Depending on the study there are more reasons why AXS should breakout, only the market has not confirmed it yet - for this reason, it's interesting to follow the trend to see or there will come setups that could get this coin into uptrend.
At this moment - AXS is also into the breakdown trend for the low time - and for this reason, it's only interesting to check it out.
The levels will stay still the same the 53-55 target and the 69 Target.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.
Axie to Infinity?Last month, AXS finally broke through the downtrend resistance. Now price appears to be consolidating above the resistance-turned-support line and dipping its toes into the supply zone. With the recent Bullish Divergence (4h) and with the indicators entering buy zones, AXS looks like a great opportunity for averaging into a long position.
To infinity!
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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