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Axslong

AXS LONG SET UPAXS/USDT-PERP is currently in an uptrend. If we are able to have a price rejection above the 0.5 Fib level then it will set up as a strong buy/long with the following take profit limits projected. A close below the $80.00 support line would invalidate this set up. Look for a STRONG price rejection from $80.00 and long from $80.55 to $82.00. Stop Loss trigger set for $75.55. I am a self taught trader, not new to crypto but relatively new to charting. Feel free to comment, suggest or anything. Thanks! - Mr_Oraculus *NOT FINANCIAL ADVICE*
Long
by Mr_Oraculus
AXS is it good time to book profits ? or should wait ?Hi, hope so you all are doing well, i shared my thoughts about axs yesterday where you should buy, it falls yesterday under that range 67, if you bought in that range, axs is at resistance if it breaks then we can see towards 80 but the dominance of BTC increasing if BTC goes down it will effect the alts heavily but if you want to wait a lil bit more then move your stop loss to breakeven or you can book pretty good profits Like and comment how my ideas are helping you in taking trades
by ProfessorMH
4
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