AXSUSDT 1D TA : In The ChannelIn the daily time frame, the channel is descending, which has reached its important daily support range, and we expect that with the support of the static price, the channel ceiling will be broken upwards and an uptrend will be formed. If the channel is not broken, a more severe downward trend will be formed.
Its not. Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz @AtonicShark
AXSUSDT
AXS/USDT Ready to move 136% from here as per TA ?#AXS/USDT TA Update:-
$AXS current price is $50.90
As Per chart Small Triangle form In HTF.
Rejected from Triangle resistance and Bouncing from 1D support.
So 1D Support is strong at $47 level.
Already Broke out this parallel channel resistance as per chart.
Targets will be Weekly supply which is $100-$120
Chart Invalidate below Spring.
Spring = $41.60
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS /USDT : Recovery expected towards 119.00
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.
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 didn't provide a bullish pre-signal, only the 21EMA is acting as support, and we have a small ''evening star doji'' capping the recovery. Those elements can call for a last down leg towards the strategic support but for now the construction of the recovery is more impulsive than corrective so those element for now stay weak within the long-term determinism on going.
As long as 49,70 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00
else penetrating 49,70 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, - i will soon published something on it
Enjoy !
YOYO - from the traders perspectiveYOYO - IDK how fundamentals are holding. This coin could be delisted in upcoming months. But from a traders perspective. RSI oversold 1D, ATL BTC pair.
RED color: Support line, ORANGE color: resistance,
GREEN color are goals: 40 satish and 60 later. cold go to 100.
I wouldn't hold this for a LONG.
Axie Infinity (AXS) - February 23Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AXSUSDT 1W Chart)
First resistance section: around 70.38
Second resistance section: 92.72-103.90
Support section: 36.87-48.04
It is important to keep the price above the 53.50 point in order to completely break out of the downtrend line.
If it goes down, you should check to see if you find support in the support zone.
(1D chart)
In the movement between February 25th - March 13th, it is necessary to check which point in the section 36.87-48.04 deviates.
If it falls below the 36.87 point, there is a possibility that it will fall near the 14.14 point, so a Stop Loss is required to preserve profit and loss.
A move above the 48.04 point is expected to lead to a move to move above the 70.38 point.
However, careful trading is required as it is expected to swing up and down to cross the M-Signal line of the 60SMA and 1W charts.
This movement is expected to occur near the 59.03 point.
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(AXSBTC 1W chart)
Resistance range: 0.001906-0.002143
Support period: 0.000723-0.000960
It is important to rise above the 0.001433 point.
In particular, it should break out of the downtrend line.
Otherwise, it is expected to consolidate in the 0.000960-0.001433 section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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💥AXS FALLING WEDGE - TO FALL TO $45Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is a falling wedge pattern with two reliable support zones on the trendline and two reliable resistance zones on the trendline.
Price just tested the inner trendline resistance zone and it’s making it way down to the lower trendline within $45 - $47.
Therefore, I expect a fall within this price range.
What do you think?
Share your opinion in the comment section✍️
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
AXSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The S1 line which was previously the resistance line is broken. You can set another Buy order at this area and save your profit at the R1 and R2 lines. Always remember to save a certain amount of your profit at one resistance and the rest at the other because the price can hit the first resistance and then fall leaving you in loss. If the price goes lower than the specified area, then there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
SLPUSDT, This kind of movement can be happen after 400% profitHello everybody
According to the chart and previous analysis, the price done our TP and our VIP Membership took 400% Profit and now we think this kind of route can be happen for the price because the price should have some recovery and correction of this heavy and powerful upwards wave.
If you have any question send us messages
Good Luck
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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.
AXS Long Hi Traders,
Hope you all are doing well,
Here is my AXSUSDT setup, which is showing an upside potential of 42% from the current market price.
This analysis is based on a fib retracement and Elliot wave.
At present we are testing 50% retracement from the previous lows and awaiting an impulsive wave 5.
CMP: 59.10
TP: 85 (42%)
SL: 50 (15%)
RR: 2.8
Happy Trading :)