Axie Infinity 4th August 2022Title: AXS 4th August 2022
Time Frame:
1D
Indicators:
STOCH RSI - Hidden Bullish Divergence
Price Action:
The price has rejected off the 0.618 level 2 times, and currently it is sitting just above the EMA50.
Looking like exhaustion from the bears.
I think it is possible the price goes to maximum $19.89
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AXSUSDT
Axie Infinity (AXS) - August 3hello?
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(AXSUSDT 1D Chart)
Primary resistance: 20.89
Secondary resistance: 31.13
Support: 14.39-15.68
The key is to find support and move higher near 17.20.
If it falls below 14.39 and is resisted, a Stop Loss is needed as it could lead to further declines.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
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AXSUSDT |Coin Review|
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-Axie Infinity is a Pokémon-style digital pet universe built on the Ethereum blockchain where anyone can earn tokens through skillful gameplay and contributions to the ecosystem.
-The asset is now in an ascending channel, I expect that the price will test the support of the ascending channel, after which we will most likely see a rebound for the third time.
-Also pay attention to the first wave in the channel, the double bottom pattern. I already see the first drawings, they can expand before the lower border test.
AXSUSDTPERP (SHORT)AXS is currently on its last wave using the Elliot Double Combo Wave labeled as W, X, and Y. We are currently on the corrective phase of the completed 5-wave pattern of wave Y. This is also supported by 3 bearish harmonic patterns namely Gartley, Cypher, and Anti-Gartley. Based on my personal experience when several harmonic patterns will have the same potential reversal zone (PRZ) the more likely the pattern will play out.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
Axie Infinity To $48We have the classic rounding bottom pattern.
We have a strong reversal hammer candle 14-July.
Short-term target set at $20.
Still short-term we will see $25.
Then it can take a bit longer but still pretty fast $34....
We can say that $48 as resistance can be strong.
More details on the chart.
Namaste.
AXSUSDT Clear technical overview!hello trader today a new idea arrived for you. Like and subscribe to the channel there is a lot of useful information✅
Let's disassemble the AXS coin
the price rebounded from the initial resistance, I expect in the future that the asset will test $15.73 in the Fibonacci zone.
Axie InfinityBINANCE:AXSUSDT
This pump might finally breakout Axie out of this former Daily Support.
It's normal to expect a slight retracement right now, maybe to that green 4H Support.
The 4H Support or the bottom of the green parallel channel is where I'll try to open position. So around 16.10-ish .
If my thesis holds, I'll aim for these targets:
Target 1: 21.1
Target 2: 25.4
Change in volume is another interesting factor to keep an eye on.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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AXS- Healthy Breakout and New MarketplaceAnother breakout, this time on AXS.
Let's see if the price can go higher now.
News: Axie Infinity Announces Launch of New Marketplace Upgrade
Axie Infinity will deploy an upgrade to Axie Marketplace this August.
The upgrade will support NFT runes and charms and use ERC 1155 standard.
Due to this upgrade, all marketplace listings will be taken down, and players will have to re-list their Axies.
Sky Mavis, the creator of play-to-earn blockchain gaming platform Axie Infinity, announced on July 19 the launch of their latest update, which is set to be deployed to Axie Marketplace from August 2022 onwards.
This update will enable the marketplace to utilize the ERC 1155 standard, which will allow support for NFT charms and runes. Further, it will include performance upgrades to regulate the increased traffic that comes with periods of growth and adoption.
As the common practice on most NFT Marketplaces, this listing will also be featured for a maximum duration of six months to combat NFT pollution. Due to this upgrade, all marketplace listings will be taken down. Those holding Axies that are currently listed will have to re-list them once the upgrade is up and running.
Migrating the Axie listing requires ‘sign transactions’ from the Axie holder. Sky Mavis declared that they will be unable to do so as the creation of a mass re-listing tool would add more complexity to the launch and take up development resources that could be utilized on more important features, such as badges, upgraded bundles, and offers.
Hence, this upgrade is believed to serve a much-needed reset besides paving the way to support NFT runes and charms. Some of the benefits this upgrade brings along are as listed below:
Players who have listed their Axies will return to re-list and discover the recent updates to Origin
Marketplace sales will not go into ‘blackholes.’ (e.g., players who have lost their private keys or left the ecosystem forever)
The upgrade will enable players to re-assess the listings that were made in a dramatically different market environment.
Apart from this announcement, Sky Mavis is also hosting Axie Infinity’s latest breeding event, Lunacian Summer, in the Lunacian metaverse from July 14. The event will last for 50 days (till September). According to the team, automation breeding is prohibited during this period.
This breeding event, launched in 2018, has given rise to a remarkable generation of breeders and collectors for two consecutive years (2018 and 2019). Meanwhile, Sky Mavis is also preparing the long-awaited game reboot, Axie Battles V3 (AKA Axie Origin).
One Love,
the FXPROFESSOR
AXSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AXSUSDT
In this chart, there is R1 that used to be support line and then we have S1 that is our support area and shows the support of the price at some points since the past. At the present, we see the price fluctuating over S1 and we believe it will rise to R1 and then fall again. In case the price moves over R1 and it gives a fixation besides some confirmation candles, then we will expect more increase for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck