AXS and the 2024 Risk to reward Potential opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 2024 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Axsforecast
AXS: A GOOD MOVE COMING IN.Hello traders. I hope you guys are doing well. Here's an update on AXS in 3 days timeframe.
AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials.
Key points:
Resistance: $10.8.
Invalidation: $6.5.
Target: $16.
That's it from my end. Have great hours ahead.
Trade safely.
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
AXS cryptocurrency - counter-trend trade with a target of $43Everyone who had the opportunity to watch the online growth of the cryptocurrency AXS in the period from June to October 2021 is now shocked. The gaming token, which grew uncorrected and ignored the local waves of bitcoin decline, is n ow one of the weakest . The global prospect of falling AXS is great.
We believe that the price of AXSUSDT may fall to the range of $19-21. The main question is whether sellers will be able to realize such a fall without deep rebounds.
The global breakthrough of the initiative on the cryptocurrency AXS occurred after the breakdown of the $43 range . All this happened without increased trading volumes, which confirmed the need for cryptocurrency now. If we analyze the trading volumes not only on the Whitebit exchange (according to the charts of which we are now analyzing) but also on other exchanges - it becomes clear that trading volumes began to grow in late April 2022.
Of course, these trading volumes are not equal to July 2021 . As a result, a consolidation in the range of $27-35 was formed. These facts suggest that the sellers do not have enough strength to continue to fall without correction. In addition, the price of BTC also came at a critical moment, from which buyers still have a chance to organize a local wave of growth.
Analyzing the graph of USDT dominance, we see that the figure is at historical highs.
All indications are that now is an important critical point, which will set the direction of price movements in the medium term.
Going into a short position is now much riskier than trying to catch a counter-trend deal. Opening a short position for us would be wise after the $43 test mark. As long as we see the local weakness of sellers there is a chance to catch a correctional wave up:
AXS trade
Entry: $27.4-28
Stop : $24.97
TP-1: $34.2
TP-2: $43
Importantly:
1) The size of the position must be smaller than usual (counter-trend agreement)
2) The size of the position should be divided into 2-3 inputs. One part to go today, the other - May 7-8 (if buyers keep the price). The last entry into the position should take place after active rebounds of the AXS price up.
We recommend that you follow these rules when trading against a trend. So you will not miss trading situations and in case of error (and they will be) losses will be controlled.
AXS going for another all-time high?Weekly timeframe for AXS shows a hidden bullish divergence, would it go for another all-time high?
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
AXS/USDT 4HOUR UPDATEWelcome to this quick
AXS/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- AXS/USDT analysis is triangle ready and retest complate green zone fast by the dip.
And AXS/USDT is fundamentals is strong is metaverse !
Entry:- cmp And green zone
Traget:- 30% to 45%
Stoploss:- $123
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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.
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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 :)
Hodl your shortHello trenders,
Today will be looking at AXS chart.
Stable and steady growth, Looks very healthy.
As every healthy growth right now AXS needs a correction.
With the leverage offered from Binance becomes even more tempting, (only for experts).
The question is to hold or not your short for a long term!
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
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 :)