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AXSBUSD

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
AXSUSDT, We break midline of channelHello everybody We backed with one the amazing gameplay project that is working on crypto base and most popular of them According to the chart you can see the price from the begining is moved in upward channel and exactly impacted the the trendline of the channel. We shown on chart two arrow that is important one them is pullbacked to the midline of upward channel that is one of the acceptance that the price can drop more to reach to the below trendline of the channel and the other one is the key point that is most important because if the price break that support zone (green box) the trend of price change and its unlikely If you have any question, send us messages in private Good Luck Abtin
Short
by Abtin00
5
AXS CRUCIAL ZONE - $85 OR $47Axs continues to grow with epic trends, price is currently in air and indecisive on the next move. On lower tfs, the current pattern is a bull pennant with a double bottom formed inside the triangle which give a kind of bull sentiment. On attempt to break out, be prepared for $83 - $85 target range. The current price($65.8 - 66.8) is a good entry with a stop loss at $62.5 (6% risk). Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
by Pearl-A
9
AXS 12H We want to buy it, but now it's to expensiveToday we will update the idea of ​​the AXSUSDT pair because the previous idea unexpectedly quickly worked out the upper targets. Just look at the trading volumes, the abnormally strong interest around the NFT token of the Axie Infinity game — AXS, which means that we will often write ideas about it and trade on it. However, now we need to understand: are they not selling out AXSUSD on highs at exorbitant prices? To understand this, a correction is needed: — If buyers stop the fall above $15.75 , this means that there are a lot of people who want to buy and there is no time to correct, only growth is ahead) — According to the technique, correction is needed in the range of $10-12 , and if you know how to sit in a position for several months, then this is the first tasty purchase for you. — If there is a negative phase in the market, then the fall will be even lower, to the $7-8 region, and this will be the second tasty buying zone for medium and long-term traders. The indicative targets from above are $38 and $74, which we will adjust depending on the market situation. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
39
Simplifying Axis Infinity (AXS), Huge Upside potential setupHello! So let's break down the analysis: Fundamental Analysis: 1. Axis is directly influenced by Bitcoin Bitcoin dumps massively -> Axis dumps or consolidates Bitcoin pumps -> Axis pumps slightly or consolidates Bitcoin minor correction or consolidation -> Axis pump insanely, just like right now 2. Fundamentally, Axis growth is going exponential, the traded volumes are increasing greatly!! Very bullish sign. Adoption is insane. Technical Analysis: 1. As we can see, Axis formed a bullish triangle, or if you consider the previous run, it made a bullish flag pole. these chart structures have 66% chance to break upwards. 2. The usual approach is, we take the pole length and put it where it broke out to find out rough selling target 3. As I studied the past chart of Axis, more than technical supports and resistance, Axis tends to follow Psychological S/R. So From that perspective Important price points are: $50 - Support $60 - Sell target 1 $75 - Sell target 2 $100 - Final Sell target Cheers, Have a nice day!! Please comment if you have any question or feedback
Long
by abhinxx
6
AXS 1D Will gamers are able to drive the price even higher?AXS is an NFT token that players can use to control the blockchain-based Axie Infinity game. The chart of the AXSUSDT pair shows that today the price has renewed the maximum, which it formed three times in April of this year. However, to continue growing, the price needs to gain a foothold above $11.30. If this does not happen today or tomorrow, then the AXSUSD pair may expect a correction. An important level for correction is $7.50 . If buyers there actively begin to buy back the price, then it will be possible to confidently enter the long, because there is a minimum x2 growth ahead of up to $15.75, or even higher up to $20 If buyers lose the $7.50 level, then the price will go lower. Below, there is a liquid zone of $3-5 , where the position was typed before the current impulse. And even lower is the strong mirror level of $2 , which during the growth in February played the role of resistance, and already in the fall in May deftly played the role of support from where the aggressive buyout began. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
40