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AXSUSDT

AXSUSDT potential for a drop! |10th May 2022On the H4, with price moving below the ichimoku cloud resistance, we have a bearish bias that price will drop to our 1st support at 21.15 where the127.2% Fibonacci projection and 61.8% Fibonacci projection is from our 1st resistance at 27.51 in line with the horizontal pullback resistance and 38.2% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 30.69 where the 61.8% Fibonacci retracement and horizontal swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
AXS cryptocurrency - counter-trend trade with a target of $43Everyone who had the opportunity to watch the online growth of the cryptocurrency AXS in the period from June to October 2021 is now shocked. The gaming token, which grew uncorrected and ignored the local waves of bitcoin decline, is n ow one of the weakest . The global prospect of falling AXS is great. We believe that the price of AXSUSDT may fall to the range of $19-21. The main question is whether sellers will be able to realize such a fall without deep rebounds. The global breakthrough of the initiative on the cryptocurrency AXS occurred after the breakdown of the $43 range . All this happened without increased trading volumes, which confirmed the need for cryptocurrency now. If we analyze the trading volumes not only on the Whitebit exchange (according to the charts of which we are now analyzing) but also on other exchanges - it becomes clear that trading volumes began to grow in late April 2022. Of course, these trading volumes are not equal to July 2021 . As a result, a consolidation in the range of $27-35 was formed. These facts suggest that the sellers do not have enough strength to continue to fall without correction. In addition, the price of BTC also came at a critical moment, from which buyers still have a chance to organize a local wave of growth. Analyzing the graph of USDT dominance, we see that the figure is at historical highs. All indications are that now is an important critical point, which will set the direction of price movements in the medium term. Going into a short position is now much riskier than trying to catch a counter-trend deal. Opening a short position for us would be wise after the $43 test mark. As long as we see the local weakness of sellers there is a chance to catch a correctional wave up: AXS trade Entry: $27.4-28 Stop : $24.97 TP-1: $34.2 TP-2: $43 Importantly: 1) The size of the position must be smaller than usual (counter-trend agreement) 2) The size of the position should be divided into 2-3 inputs. One part to go today, the other - May 7-8 (if buyers keep the price). The last entry into the position should take place after active rebounds of the AXS price up. We recommend that you follow these rules when trading against a trend. So you will not miss trading situations and in case of error (and they will be) losses will be controlled.
Long
by P_S_trade
24
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS/USDT : Recovery expected towards 119,00 (Update) Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. The Axie Infinity ( AXS ) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism. Previous Analysis : 10/02/2022 : Context AXS /USDT has been listed in the middle of the last year, so the historical data are not really mature for a deep target projection. However Focusing on Daily and 3H basis we can already highlight key technical elements to understand the actual picture For now the initial raise can be describe in 3 wave up move (Corrective - A/) or 5 wave up move (Impulsive I/) - depend if you switch the scale between lin or log, on my side i would be more confortable with an impulsive move at this stage. So once that it said and as i described on the chart, the following move (down leg) has been done in 3 wave down (A-B-C corresponding to a logic corrective move in wave B/ if we are in ascending range towards 195.00 and more if we are in a impulsive long-term trend - it what we are calling a ''common part'' between to different scenario) So the configuration is quiet nice because the wave A = Wave C and the market bounced off 50/61,8 retracement which are standard to respect a proportion for this kind of Harmonic / elliot wave pattern, the determinism of the behavior behind the scene is strong a significant rise is clearly more likely. Tactical view (1 to 3 weeks) As you can see for now the RSI and the 55/89 EMA provide a clear bullish signal, all the EMA are acting as support now . This setup is strongly bullish and will be clearly validated by surpassing 81,60 (upside confirmation level). As long as 57 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00 else penetrating 57 a test of 35,50 Strategic key support ( Pivot ) will occur before any bullish tentative Also i recommand to have a look on SLP /USDT which is also a native ERC20 coin connect to Axie ecosystem, -analysis here => Enjoy my friend ! and support me please by activating your referal code for the app we built with my team (Get 200 EUR in AKTIO COIN) Link in my signature below ;)
Long
by JeanJean1983
Axie Infinity (AXS) Buy ZoneAxie Infinity (AXS) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High On 4 hours timeframe Axie Infinity formed bullish pattern which shows the possible reversal at $29 zone. -------------------- $AXS/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 28.8 - 27.9 TP 1 : 31 TP 2 : 32.5 TP 3 : 33.9 TP 4 : 35.25 TP 5 : 37.8 TP 6 : 39.75 TP 7 : 42.4 TP 8 : 46 Stop Loss : 26.5 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
X100 Potential In The Next Cycle!Epik Prime is an epic coin. With more than 300 video gaming clients, Epik is the leading global NFT licensing technology company putting brands into video games to produce premium digital items and experiences for over one billion gamers worldwide with the largest digital ecosystem with hundreds of the world’s most popular entertainment brands. Epik is widely considered to be the blockchain industry leader producing collaborations for premium licensed digital collectables, NFTs and exclusive experiences powered by an interoperable proprietary cross-chain technology. Epik was the first and only NFT company to do any deals with AAA gaming companies for NFTs. Clients include ViacomCBS, Warner Music, Garena, Tencent and Universal. Also Epik Prime is the part of Animoca Brand portfolio which consist many projects that had insane rallies in the previous cycle such as, Sandbox Axie Infinity Flow And now Apecoin! Animoca Brands has insane connections. Couple months ago they got funded by George Soros and their valuation rised to 5b USD! This company will be one of the leading crypto portfolio companies in the future and Epik has a wide range of use. FOr example they are branding NFTs in Sandbox and Axie Infinity for huge companies. Epik have a huge upside potential for the next cycle! Right now 4 cent seems to be bottom and a pretty good buy zone for Epik!
Long
by thegreatwall38
2
AXS - Back On The RISEAXS needed a break and to touch base with reality... and now is time for Higher That's our chart saying, not sure about the fundamentals and all but Play to Earn sounds like a winner. Have some fun and read this now : ''My brief wondrous life as an Axie Infinity gamer'' Crypto rookie Joel Stein dives into Axie Infinity and the curious economics of ‘play to earn.’ Will his teenage gaming dreams come true? ''Of course I want to play to earn. I want to earn money doing all the things I enjoy. Eat to earn? Sure. Watch TV to earn? I’m in. Sex to earn? Historically that’s had complications, but I’m confident that the blockchain can work those out. '' REF: forkast.news One Love, the FXPROFESSOR
BINANCE:AXSUSDLong
by FX_Professor
5
AXS Quick Report AXS Quick Report First: The currency has lost AXS.D on tradingview = it indicates that a large number of its owners have abandoned it Second: The currency reached 20 on RSI 1D Timeframe for the first time in its history = this signal appeared in Bitcoin only 3 times since 2015, and each time it was the end of the downtrend move/bear market (2015 low + 2018 low + Corona low) Third: the currency fell more than 80% from its ATH = a good sign that the bottom is near Fourth: The currency appears to have one last leg wave (the fifth from the fifth from C) between 25 - 15 $ range. Last: I expect a rising to near 100$ before declining to 10$ range 💐
by ZyadaCharts
AXS Quick Report AXS Quick Report First: The currency has lost AXS.D on tradingview = it indicates that a large number of its owners have abandoned it Second: The currency reached 20 on RSI 1D Timeframe for the first time in its history = this signal appeared in Bitcoin only 3 times since 2015, and each time it was the end of the downtrend move/bear market (2015 low + 2018 low + Corona low) Third: the currency fell more than 80% from its ATH = a good sign that the bottom is near Fourth: The currency appears to have one last leg wave (the fifth from the fifth from C) between 25 - 15 $ range. Last: After that I expect a rising to near 100$ before declining to 10$ range 💐
by ZyadaCharts
Axie Infinity - Looks to get out for the high breakout since ..Hello trading friends, Depending on the trend of this moment - AXIE infinity (AXS) is into the important zone for a breakout - and an interesting target could be above the 65 USD + AXS did make some important changes at the support 40-43 trend - what makes AXS out of the level of breakdown trend. If there is a coming time green change on market flow - AXS could show a great increase trend - At the same time, it's important to follow the BTC flow. All that we need as traders for an uptrend coin - AXS has it - and it's only the question of this workout - time frame will learn. Have a good time. #this is not a trading call - manage always your risk.
Long
by watchtrend
1