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AXSUSD

AXS Elliott Wave Analysis : Will the pivot hold?Bullish scenario from last chart played out pretty good. Looks like there was a pivot put in at that point. But will it hold? So a couple things of note for me when I look at this PA stand alone in a bubble. Currently the PA is nearing an Invalidation area, once it crosses 56.60. But I still think there is a chance that a motive wave, expanding Diagonal, could still be considered. Another option still on the table, is a 1,2/1,2. The 3rd short term bullish option would be that there is a completed ZZ and the move down from 71.78 could be an X wave, but I have not zoomed out to consider the context to see how it could fit. Holding 46.01 would be a key pivot to hold for these options to stay viable/considered. The Bearish option is that a ZZ has completed and a new low is possible. A completed ZZ does not necessarily mean the correction is complete as it could be the gateway to a larger corrective structure. If it breaks below 55$, by more than just a wick, and throws back for a retest that could lead to a LL as well. But for now watching this area. Already in the algo buy zone, but would be even more interesting if there is one more low to test the support as well as there is ample other factors to contribute to the confluence, MO. Algos Previous Flip Some Elliott Wave fibs as well. Staying above 53.50 would be ideal.
Long
by CryptoKnee
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.41). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AXSUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 68.31 TP2= @ 75.58 TP3= @ 83.03 TP4= @ 91.02 TP5= @ 98.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.41). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: .AXSUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 68.31 TP2= @ 75.58 TP3= @ 83.03 TP4= @ 91.02 TP5= @ 98.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Long-Term Picture of Axie InfinityHey there. Accurate reactions to this channel leads me to believe that Axie Infinity is moving inside these parallel channels. If so, AXS might have started a new move. Targets? I do hope AXS/USDT returns to upper channel and if that happens, targets like 400 would be in sight. This would of course take quite some time to happen, but short-term targets are exciting as well. Let's discuss those in another post. Let's discuss what you think about AXS/USDT in comments. Cheers.
Long
by arya3789
11
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-
COINBASE:AXSUSD
by UnknownUnicorn10209036
6
Should you buy Axie Infinity or wait?Hello All. Looking at AXSUSD on the daily timeframe, we see that the price of axie infinity is trading inside a descending wedge/falling channel. This is a bearish pattern and is currently testing the resistance of the channel at $46. It is important for AXSUSD to find support at this level or it can fall to the next support level which is at $37. On the daily chart we are also forming a death cross, (50 Ema crossing below 200 Ema) which can push AXSUSD price as low as $20-$14. This is a 70% price drop. Top of the channel line sits around $70, and if the price reaches this level, this will be a 50% profit from the current price. This is possible with enough value coming in and since the stochastic rsi is in the oversold territory. Although, it is less likely that AXSUSD will have a crash to $20-$14, everything is possible if BTCUSD and ETHUSD continue to drop further. (Check out my recent BTCUSD and ETHUSD chart for more information and levels of resistances to keep an eye for). Thanks for reading, and stay tuned. Enjoy.
BINANCE:AXSUSD
by EdgarTigranyan
2
AXS - Weekly Outlook ✅Let's see how AXS is behaving. This is a Weekly chart. The Fib retracement shows that the price dumped on the support level. The support level might be around the $35-$60 area if the price falls even more. The market is showing massive STRONG SELL volumes for AXS. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $64 Let me know your ideas. Good luck.
by ShawnMCR
1
AXS - Daily Chart ✅Let's see how AXS is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level. The market is showing massive BUY volumes for AXS. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Upper Bollinger Band can push down the value, and the Middle band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $75.15 Let me know your ideas. Good luck.
by ShawnMCR
4
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 :
Long
by Abtin00
AXS - Daily Chart ✅Let's see how AXS is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is sitting on the support after corrections. The market is showing massive SELL volumes for AXS. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $72.88 Let me know your ideas. Good luck.
by ShawnMCR
2
AXS - Daily Chart ✅Let's see how AXS is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price is pumping and, we might experience rejections soon. The market is showing SELL volumes for AXS. Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance. The Upper Bollinger Band can push down the value, and the Middle band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is below the 50 levels, the center. It's highly oversold. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $80.78 Let me know your ideas. Good luck.
by ShawnMCR
5
AXSUSD within its Buy Zone flashing the same signal as JuneAxie Infinity has been on a long-term Fibonacci Channel Up ever since its first trading day in November 2020. As you see, it has two clear pressure zones, a Buy Band (green) and a Sell Band (red). Those have never failed to give clear buy/ sell signals. What has been an even stronger buy signal though than AXSUSD trading within its Buy Zone alone, is that when it also breaks below the 1D MA200 (orange trend-line), it tends to bottom out and start a strong rally to the top of the Channel Up. That's what took place in late June 2021. With the Ichimoku Cloud also flashing a buy signal, AXS is possible to soon start a strong rally first towards $220.00 and then $500.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AXSUSDLong
by TradingShot
4