🔥🚩WHY AXS MADE +132% IN 5 MIN❓ $1M HACK❗🔥Hi friends! AXS was almost top gainer of this week, but seems like it's not because the "great development" or super event, that ussually pump such gaming coins. As it turned out, it was a hacker attack that allowed to steal millions of dollars from traders through API keys.
📊 HOW THE SCHEME WITH API KEYS WORK❓
1. Traders use the API keys to connect some platform with remote access to the Binance account. There are a lot platforms, I will not specify it here.
2. Some account accumulate AXS on exchange and set their stop-limit sell orders by 50-100% higher from the entry point.
The accumulation can take 1-2 weeks, because such coins has low liquidity.
3. Hackers enter your accoumt through the "hole" in API-keys and start to buy coins by market orders.
4. As such coins have low liquidity, the price easilly reach hackers stop-limits and now they have USDT with +130$ profit. "Legal" deposit, easy money.
🔥 Here the tweet of one victim to CZ and Binance about losing of $1M.
✅ This is not just a single case. I found at least 3 traders that got the same troubles with API keys. I think that is another bad case with the crypto exchange.
🚩 It looks like an attempt to discredit the crypto exchanges, as after the fall of FTX someone wants more "blood" on the market.
It is good that CZ and Binance support reacted to this news in time and it did not become so widely known. As far as I understood from the story of one participant, Binance will refund🔥 the money to its users, but previously blocked their accounts for some time to avoid the repeat.
📊 TECHNICAL ANALYSIS
The price don't pay attention to this spike and continue to follow BTC movements. The most possible AXS's movement is pullback to the $12-13 value area.
📊 Precondition to open a long:
1. squeeze to the trendline
2. local manipulation with sl collection
3. bullish BTC
🚩 I personally use DOM and Footprint. These scalping toold help me to identify the whales buy/sell orders and
✅The 2 main targets for AXS:
🔥 $8.7-9.4 - the value area
🔥 $12-13 - the value area and local highs. Strong resistance for the price
✅ Traders, do you know about this case before? Maybe, you have additional information about this hacks. Share info about it in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
AXSUSDT
AXS has recorded extreme fluctuations!During the last week, AXS has recorded extreme fluctuations, so these fluctuations are unprecedented in the history of digital currencies and unprecedented in the history of transactions of this currency. Its high intensity can be seen even in time frames of less than 5 minutes. In the first place, due to the strong increase in demand, the price of this currency registered a stunning growth from the range of 6.5 dollars and reached 18 dollars.
But later on, due to very heavy selling pressure, we saw the price return to the starting range of the upward movement. Due to the downward trend of the overall market and more selling pressure that occurred on this currency, the price decreased to the range of $4 for a few minutes. But then the price of this currency returned to the range of 7 dollars. In the rest of the week, the fluctuations between the support of 6.5 and the resistance of 7 dollars have continued. Therefore, the reason for the formation of one of the daily candles with very long shadows on both sides is these extreme fluctuations.
But in the last daily candle, selling pressure is seen again, and the price returns to the low support. The first support for AXS is in the $6.80-$6.90 range. The second support will be in the $6.5-$6.40 range if this level is broken. But if the second support breaks, increased selling pressure could push the price to a new bottom in 2022, which could be considered the $5.30 area.
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart.
In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14
The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform.
Moreover, the trading balance of one of the users was in the region of $1 million.
CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help.
Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher.
Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year.
Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue.
It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60.
We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10.
The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
AXSUSDT Elliott Waves Analysis (Global Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
we have a formed downward impulse,
in the medium term we are expected to grow, after which we will have another decline in the ~5$ zone.
But now, we have a good opportunity to take up to 500% profit.
Targets: 20 - 35 - ~50
HOLD!
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
AXS Axie Infinity: Another 50% DropHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Axie Infinity (AXSUSD).
AXS price could drop another 50% to the $2.50 range or possibly lower. Crypto gaming has feel apart as much as DeFi and NFTs, so I am concerned that more drop is coming.
The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, Volume Profile VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas below!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
AXSUSDTHi guys
We have a positive RSI divergence on the daily and hourly time frame, we have now reached an important support range!
If the price range of $7.64 is maintained, there is a high probability of breaking the downtrend line.
If the uptrend is above the $13.25 range, we will be issued a divergence confirmation.
What do you think?
AXS Axie Infinity The Full Speculative Bubble and Price TargetAs you can see in the chart, AXS Axie Infinity made 1375X and went from $0.12 to $165 in only one year.
Now it is trading at $15.08, still high in my opinion!
AXS is an Ethereum based token.
Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, my price target for AXS Axie Infinity is $4.29, still 36X higher from 2 years ago.
Looking forward to read your opinion about it.
#AXSUSDT Bearish channel breakTrade setup: Following a bearish break from Sideways Channel ($14-$20), below $14 support, price made a new Lower Low, which is a sign of Downtrend. It is now approaching $6 support. (set a price alert).
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $6. The nearest Resistance Zone is $14 (previous support), then $20.
AXS/USDT - LONG --> Divergence ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
---------------------------------------------------------
⚡️⚡️ AXS/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 9.75 - 100.0%
Take-Profit Orders:
1) 10.51 - 70.0%
2) 11.08 - 20.0%
3) 11.99 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
AXS : SHOWING MOVEMENT INCREASE + VOLUMEAXS: SHOWING MOVEMENT INCREASE
Depending on the low time frame it can show coming to time more volume trends.
This can be also the new Bottom that AXS has made.
volume range can increase with time.
Targets
There is a good chance that we can see coming time a movement of AXS price between 11-15 USD
This is expecting and not trading advice: Crypto is most of the time too risky, manage your risk well, and don't just enter any coin with no study and confirmations.
AXS | Getting Ready for Massive Breakout..!!
#AXS (Update)
Falling Wedge Formation in 2-day timeframe Chart.
As Pretty Decent Buying Volume Coming in, Looks Promising for Breakout.
In Case of Breakout, Expecting +500% Bullish Rally in Midterm. (Patience Will Payoff)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Trading opportunity for AXSUSDT Axie InfinityBased on technical factors there is a Long position in :
📊 AXSUSDT Axie Infinity
🔵 Long Now 9.24
🧯 Stop loss 8.06
🏹 Target 1 10.45
🏹 Target 2 12.00
🏹 Target 3 14.85
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
AXS SHORT SETUPHello, dear traders. how are you ? Today we have a setup to sell/short the AXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AXS in free fallI don't know what happened with this coin, but it lost almost all of the HTF support. it is not even near an area that would make me interested to buy for the long term. I expected it to fall as low as 3 dollars. but now it had some kind of reactions that may it indicate a possible range is forming before another leg down. so market structure changed in 4h. when it pulls back to 12h OB and the Golden pocket I would long. anywhere between 8.4/8.7 is good for buying. stop below the low. target the previous wick low that was put in before break down.
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
🔥AXIE INFINITY unlock 21.5M coins: almost 100% profitable trade🔥 Hi friends! A few days ago AXIE start to unlock the coins for it's early investors. 21.5M coins that worth almost $200M flow into exchange to SELL but as we can see there is no huge DUMP as 99% of traders expect. On the contrary, price start to grow with entire crypto market.
✅ I think this event misslead the last AXS holdlers which sold their coins before the event. Of course, the BIG PLAYERS accumulate all these volume.
📊 The main reasons/preconditions to open a long:
🔥 the first trigger is the no DUMP despite the bearish event with coins unlock
🔥 a lot of short traders which become the fuel for growth
🔥 squeeze to the trendline+volume growth before the trendline breakout
🔥 bullish BTC
📊 The main targets for AXIE:
1. $11.3 - the key level
2. $12.2-13 - the value area
2. $13.8-14.8 - the value area
✅ Why I set so BIG targets?
All the crypto market in the bear market for the last 1 year, a lot of short traders open their positions then and now before this event. I think they might become the FUEL🔥 for this growth and PUMP the price so hard because of short liquidations.
🚩 Traders, book the profit by parts and don't forget to spend this money on your education, relax, trips or on family. Trading is for making money and not about sitting in front of the screen 24/7.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
axs coin more dump comming?AXS/USDT 4h time frame update :-
AXS Coin currently trade around 8.7$. (Under high pressure) cauze some bad news about axie infinity projects.
Till 25 october we are in bearish mood on axs coin but high volitily expected under this project so some small trade possible.
Like took trade below 8.5$ for some quick profite.
And 2nd trade took below 8$.
Before 25 october don't buy it in spot trade do trade with proper risk management⚠
follow me for more updates.
Remining things i update you time by time🙃