AXS/USDT : No longer supported by bulls [Negative funding rate]BINANCE:AXSUSDT
Hello everyone 😃
AXS has showed weakness recently at $40, Now it just followed BTC and gets rejected below $40.
With current Negative funding rate; There can be a good chance to take advantage on next dives to lower levels.
It just formed two bearish order block above at current level which are located on FIB retracement's levels !
There is a stiff support below with a bullish order block located below it; So pullback from there is expected, Also you can have a safe target there !
Above mentioned resistances will be a opportunity to take LONG on AXS again and have some gains on mentioned targets.
Also have to mention that bulls will defend marked blue lines and bears will have a try to reject the pair on $39.29 marked red line.
Hope you enjoyed our analysis about AXS's possible directions🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
AXSUSD
AXS bullish wedge breakout with price targetsThis trade is set up with the pattern breaking of the bullish falling wedge pattern. One this pattern is broken to the upside you could enter this position. The stop loss and take profits are listed on the chart.
This set up has multiple bullish indications on it, including bullish divergence on the MACD histogram shown on the chart, a MACD line crossing up above the signal line, the RSI is starting to enter bullish territory and the falling wedge consolidation is about to break out of the top resistance trend line.
This is also an amazing project doing very well with their game that was launched. I say this often to the class that I teach, NFT’s will go first, DEFI next then the normal flow of money we’ve saw for years in the crypto markets.
Disclaimer, this is not financial advice and trading any market is a risk. Please be responsible.
Have a green week!
#AXSUSDT Trade Setup, Bouncing off now!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart:-
#AXS/USDT: Forming a descending wedge pattern that is generally bullish in nature.
However, the breakout will decide the direction of its trend.
If you haven't opened the position, wait for the breakout. Hidden Bullish Divergence.
ENTRY: $40.55 to $42.80
TARGETs :
$46.84
$49.30
$52.23
$57.87
Stop-loss around $39.32
DYOR before taking this trade.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
AXSUSDT Flag Pattern!AXSUSDT (1H CHART) Technical Analysis Update
Flag Pattern
AXS/USDT currently trading at $42.68
Buy-level: $41.75 - $42.70 (Wait for the small retracement)
Stop loss: Below $36.53
Target 1: $45.35
Target 2: $48.00
Target 3: $50.00
target 4: $55.00
Target 5: $60.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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#AXS Ready For another Push $61 Incoming1 Hour Bull Flag
28% Pullback has occurred.
If btc can keep pushing this is possible to play out, if btc doesn't continue the push this will drop.
I like our chances here.
Entry Current Price
Stop - $35
Target - $61
Leverage - 7 x
We will also watch for a rejection of top of the range and update the chart!
Best of luck!
#AXSUSDT Trade Update!
AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.
Next possible targets :
O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)
Move Stop Loss to $24.12 and hold the position.
If you want more setups like these every day, do hit the like button and share your views in the comment section.
Thank you
STAY SAFE
#PEACE
AXS - AnalysisAXS did a good pump in the last few days.
Now it got rejected by resistance and is going back down for correction. The price might hit the support and bounce back up.
If you're into opening long positions, wait until the price passes the lower resistance area and then after the closure of a 4H candle, open your long positions and aim for the higher resistance.
I'll keep this chart updated.
Current Market Price: $24.8320
Good Luck
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Axie Infinity (AXS) - July 21Hello?
Welcome, traders.
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(AXSUSD 1W Chart)
If the price holds above the 8.08376676 point, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support by moving up to the 16.14209436-18.10323253 section.
If it continues to fall, it may touch near the 12.21981780 point, so trade cautiously.
The 6.33640308-8.29754124 section is strong support, but we need to see support near the 12.21981780 point and see if we can move higher.
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(AXSBTC 1W Chart)
You can't really tell anything from this chart.
However, if it falls from the 50355 Satoshi point, there is a possibility that it will fall to the 23101 Satoshi point.
(1D chart)
It remains to be seen if the 50606 Satoshi-56766 Satoshi section can support and rise.
If it falls from the 506060 Satoshi point, it may touch near the 38288 Satoshi point, so you need to trade with caution.
If the price is maintained above the 25969 satoshi-31837 satoshi range, it is expected that the upward trend will continue.
However, the support section is very weak due to a sudden rise, so you should also think about preparing for it.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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 regenerate themselves.
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** 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Crypto AXS USD (Can the parabolic move sustain?)Crypto AXS USD (16 July 2021)
This crypto is on fire as many are joining the fun by playing thr NFT game.
Now . $27 region is proven to the resisting factor and profit taking/Bear may come back if the price couldn't break UP that region.
By then, we shall see Bear candles soon. Ending today candle with the Bearish tone will be a good start.
My analysis is no longer valid the price stays above $27~$30 region.
Let's see
DYODD, all the best and read the disclaimer too.
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