Axie Infinity Analysis, Jan 6This is what I think about Axie Infinity (AXSUSDT)
Three waves completed and now we are currently in wave 4th of Elliott waves
There are two places that can be the end of wave 4th and the beginning of wave 5th
It depends on breaks the trend line or not if it breaks then the second place can be the end
Anyway in my opinion this isn't the end cause I expect another bullish wave
AXSUSD
AXSUSDT-SHORTBased on technical factors there is a short position in AXSUSDT Axie Infinity
AXSUSDT Axie Infinity
Score 2️⃣
🔴Short Now or set on Key Level 96.35
🟢Target 1 94.40
🟢Target 2 92.80
❌Stop loss 97.00
#K_Level
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AXS/USDT ChartHi, I try to post often so if you could follow, like and comment your thoughts it would mean a lot to me.
AXS is a great investment and is looking very interesting right now. In the short term a long seems the play to me because the coin didn't brokedown the 90$ support and is going to retest the 108$ resistance. The RSI on the daily chart is looking good and the RSI on the 4H is bullish. However if we saw a BTC drop we might have a retracement to the 90$ support again. Right now the long seems the move for me but if we have a strong red candle in the 86$-90$ a short is surely the right move.
For me this might be the time to long/short it instead of just buying a lot due the fact that we don't have the confirmation that we entered a bear market (BTC will decide that and when that happens I wil post it), so in my opinion a short term trade is the move now. Coins like AXS and FTM are investments that I think will have great potential on the near future because their ecossystem is always expanding (e.g. AXS announced a DEX that when launched can bring great value to the coin). Comment what you think.
2 SUPPORT STEPS FOR AXS...Axies' s full-view chart, seems great. We will enter on two steps I've shown on the chart (The first step, done!). The second is still available for probable strong market downtrend (due to some fuds...).
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AXS - Do not miss itIf AXS could maintain its trend line and support during the bitcoin fall, it will be Bullish and the first target is $118 (then $140)
Due to the last few candles in 2D timeframe and The RSI positive divergence, That bullish scenario has a good chance
Anyway, so far AXS has climbed a lot and Bitcoin isn't stable and may drop to 42K. It's better to consider these points (before buying)
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AXS, bullish structure on the chart A falling wedge pattern has formed on the AXS chart, it is a bullish structure, it is statistically breaking up, but bitcoin could once again renew its local lows, so two scenarios are worth highlighting.
The first scenario is that the price breaks through the upper boundary of the wedge, after which there could be a rise to the targets marked at the top.
The second scenario is that the price falls and breaks the pattern downwards, in case of a false breakdown of the 77$ level there would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MY MINIMALIST CHART ANALYSIS FOR AXIE INFINITY
$AXS
12.02.21
0811H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
LOOKING FOR BEST fo a SWING TRADE.
We are now looking at a NEW ENTRY POINT. Wherein the market has contracted significantly.
VITAL SIGNS: RSI, STOCH, and VOLUME are all looking good. We are waiting for accumulation and distribution and then the COILING of THE MARKET.
The previous SWING ended pretty well with amazing profitability.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, together as predicting
certain major FIB Levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb this NEW SWING.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
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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
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Good Luck
Abtin
AXS - just wait for these scenarios!!!AXS, like the rest of the market, is now in a state of local consolidation.
If bitcoin declines further, AXS could also correct heavily. Good entry points should be expected at the moment. If there is a squeeze and a breakout of a key level, there could be a good buying opportunity. Also in case of a strong drop, a bounce from the liquidity zone below could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
AXS Trade setup 📣Hello dear traders. I hope you are having a wonderful day.
Today I want to share my thoughts on AXS. As you can see price has broken the triangle and is making a pullback.
Buy zone and target are shown on the chart. Also put SL below 120$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on AXS and don`t forget to comment what you think. ✌