AXSUSDT 1D TA : Support Zone New UpdateAccording to the analysis, with Sharp, we were expecting a strong rise and reaching a significant resistance, which has now reached a significant static support range with the correction.
According to the chart, if this range is lost, we will have a possibility of falling to $ 35 and $ 30, and if we react to the trend line, we will have the possibility of returning the price to the limits specified in the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AXSBTC
Axie Infinity (AXS) - April 10hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(AXSUSDT 1D Chart)
(buy)
- After confirming the support around 53.50
(Stop Loss)
- When it falls below 45.62 and receives resistance
(Sell)
- When resistance is received in the section 53.50-78.21
- When receiving resistance near 97.50
A whipsaw is likely at 53.50-78.21 as the indicators at 53.50 and 78.21 are inverted.
A move above 97.50 is expected to trigger a surge.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
Axie Infinity Daily Chart AnalysisYesterday we looked at Axie Infinity (AXSBTC) on the weekly/long-term chart... Today we will have a look at the daily timeframe.
First, we can see how nicely EMA50 and EMA100 match the Fibonacci numbers.
We have the highest volume bar since November 2021 and a break above EMA50 yesterday and EMA100 today.
Bullish indicators, MACD and RSI.
Now, my reason to post this is to show you the next target.
The main resistance short-term for this bullish move is the 1.618 Fib. extension level at 0.002061.
It is possible to have a correction or small retrace after this level is reached and then another jump to 2.618 Fib. which is sitting at 0.002633.
If you are trading this daily, you now have a better view of what is going to happen next.
I hope you enjoyed this analysis.
Thanks a lot for the continued support.
I Love You! :D
Namaste.
AXSUSDT 1D TA : Break TredLineBy supporting the price in an important support range, it was able to break the downtrend line. If we re-support and break the next trend line in the chart, we have a chance to climb to the specified goals. Otherwise we will have a reaction on the trend line.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Axie Infinity Eternal Uptrend vs Correction, Bullish Jump Ahead!Here is one of those Altcoins with an "Eternal uptrend".
We can see the classic 5 wave count from our friend R.N. Elliot, followed by an ABC correction that landed at EMA50 and/or the 0.618 Fib. retracement level for the last bullish wave.
This can signal that a new jump is about to take place.
Zoom in on the correction:
We can see the descending channel being broken.
EMA50 working as support.
The new +1 count on the TD sequential,
A this weekly candles bullish jump.
How do you like it?
Thanks a lot for the continued support.
Namaste.
AXSUSDT, The market dont have enough power for risesHello everybody
I hope that everyone took our previous signal that we published and told anyone can take short on axs at 100$ and took nice profit.
AXIE (AXS) is one of the most popular project in crypto and in NFT market be consicious on it and watch it ...
According to the chart and our previous serial analysis the price broke the upward channel and now its trading in outside it and according to the key level that we published it in last analysis of AXS we shown on chart the zone that is more important and sensitive for the price and now as you can see the candles has not enough power for the rises and we expect the price can drop and break this support level and after some pullback its ready to dump more to reach to the next support zone area.
Please becareful and do not enter in position without observe your own strategy, and observe your capital management, this is market and everything can be happen.
Be with us and reign
Good Luck
Abtin
Previous analysis :
AXS/USDT Ready to move 136% from here as per TA ?#AXS/USDT TA Update:-
$AXS current price is $50.90
As Per chart Small Triangle form In HTF.
Rejected from Triangle resistance and Bouncing from 1D support.
So 1D Support is strong at $47 level.
Already Broke out this parallel channel resistance as per chart.
Targets will be Weekly supply which is $100-$120
Chart Invalidate below Spring.
Spring = $41.60
Axie Infinity (AXS) - February 23Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AXSUSDT 1W Chart)
First resistance section: around 70.38
Second resistance section: 92.72-103.90
Support section: 36.87-48.04
It is important to keep the price above the 53.50 point in order to completely break out of the downtrend line.
If it goes down, you should check to see if you find support in the support zone.
(1D chart)
In the movement between February 25th - March 13th, it is necessary to check which point in the section 36.87-48.04 deviates.
If it falls below the 36.87 point, there is a possibility that it will fall near the 14.14 point, so a Stop Loss is required to preserve profit and loss.
A move above the 48.04 point is expected to lead to a move to move above the 70.38 point.
However, careful trading is required as it is expected to swing up and down to cross the M-Signal line of the 60SMA and 1W charts.
This movement is expected to occur near the 59.03 point.
-------------------------------------
(AXSBTC 1W chart)
Resistance range: 0.001906-0.002143
Support period: 0.000723-0.000960
It is important to rise above the 0.001433 point.
In particular, it should break out of the downtrend line.
Otherwise, it is expected to consolidate in the 0.000960-0.001433 section.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
Do not Buy the Dip on AXS yet !!No Investment Advice.
AXS looked amazing when it was making its minor degree impulse. Wave 3 was massive in relation to wave 1. Wave 3 finished very close to fibb level shown in purple. And a usual wave 4 Triangle structure. Wave 5 spot on fibb level. Usually wave 5 is .618 of wave 1+3 but in this case it finished 1 level lower suggesting upcoming weakness in the trend.
Now it has been selling off with the market. But the most worrying thing is that it has managed to make a lower low invalidating possibility of wave 3.
If you are holding bags i wish you good luck with that. If i were you i will do a solid fundamental analysis. And if i come to a conclusion that this project has future i will DCA. My next entry will be 20.50 and next level 5. Based on fibb level as shown below-
Add some AXS in the $ 50 to $ 64 rangeAXIE INFINITY By breaking its long-term positive trend line has entered further correction and has reached beautiful levels to buy. Add some AXS in the $ 50 to $ 64 range, which are good places to buy for holding. After price flooring, it will start its positive movement compared to other cryptocurrencies.
AXSUSDT, The price is reaching to bottom of channelHello everybody
Surely you have heard about AXS (AXIE), is one the most popular game in blockchain and its working of NFT and Metaverse and this platform wanna ...
If you wanna learn fundamental & technical analysis you can send us messages in private ---> Our id is in profile
According to the chart, we expect the price should drop more to reach to the bottom of the channel and according to the price that at the beginning was started moved in upward channel at this time we expect the price that be supporting at this bottom and should move upwards but in this scenario that is ready to start new rally or its only move upwards for correction and emotional its very soon to say and predict. At first we take profit of this movement then the market move and show us other waves we can decide about this.
Dont forget if you be in position use stop loss and take trigger then entrance it.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
AXS looking for supportAXS has pulled back to the 200 EMA and is looking for support. I don't see an obvious Trend Support line, so I'm looking to the Supply Zone (area where a lot of trading has taken place in the recent past) to provide a respite for the bulls. We've entered my "buy zone" but I want to see divergence/confirmation before I consider an entry. Sellers appear exhausted so I'm expecting at least a short-term bounce at least up to resistance. Whether or not it can break that resistance, I'm not sure.
----------------------------------------------------------------
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.
If you appreciated this analysis, consider Liking or Following . Thanks!
AXSUSDT Technical Analysis💎 AXSUSDT is moving along the descending channel. The price can go up to the upper band of the channel and in case of the breakout after the pullback it can go higher.
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 94.73 - 90.24
☕️ TP1 101.78
🍺 TP2 110.68
🍻 TP3 121.17
🍾 TP4 132.92
🍷 TP5 145.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 89.18 - 84.94
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻