AXSUSDT
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$, by more than just a wick, and throws back for a retest that could lead to a LL as well.
But for now watching this area.
Already in the algo buy zone, but would be even more interesting if there is one more low to test the support
as well as there is ample other factors to contribute to the confluence, MO.
Algos
Previous Flip
Some Elliott Wave fibs as well.
Staying above 53.50 would be ideal.
AXS Long Hi Traders,
Hope you all are doing well,
Here is my AXSUSDT setup, which is showing an upside potential of 42% from the current market price.
This analysis is based on a fib retracement and Elliot wave.
At present we are testing 50% retracement from the previous lows and awaiting an impulsive wave 5.
CMP: 59.10
TP: 85 (42%)
SL: 50 (15%)
RR: 2.8
Happy Trading :)
Axie Infinity (AXS) Buy ZoneAxie Infinity (AXS) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Axie Infinity broke above and retested our trendline, showing the market is short-term gaining bullish momentum and strength. If the retest gets successful, we would be heading to at least target 3 in short-term.
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$AXS/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 63 - 67
TP 1 : 69.25
TP 2 : 73
TP 3 : 77.75
TP 4 : 82
TP 5 : 87
TP 6 : 91.5
TP 7 : 97.5
TP 8 : 107
Stop Loss : 56.25
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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SLP trading ideaIt's been probably 1.5 year + since I made trading analysis on $slp $eth trading pair. Now I am back.
SLP is impossible to chart. Why? Because Its highly inflationary and currency is meant to be a reward for $AXS game players. Because of it's super inflationary nature #slp shouldn't be held LONG term
...unless something changes on its fundamental level.
This is trading channel. Could fall to 0.005$ or rise to 0.012 or even above 0.02$ per $slp. Who knows. This shitcoin that shouldn't even be traded on such exchanges as #binance, #bitstamp or any other reputable exchange in fact. It's not fair to noobs (or anyone in that matter). 98% loss within half a year???
AXIE INFINITY gain 🚀As I mentioned in my previous analysis ✔️
the price has started to gain from the support area middle of the channel and breaks the channel resistance to the upside 💣🐳💣
and now
we expect more gain for the price and our targets are located on the chart 🚀
on the other hand
this coin has fundamental sign for gain 📖
and
the yellow zone on the chart is based on the Fibonacci levels ✔️
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
AXSUSDT 4HOUR CHART Triple Bottom Chart Partner AXSUSDT Coin formed a triple bottom Setup in 4hours Chart
1= a triple bottom Setup broke out from $55 trend line resistance. so this setup active when break 55 level
2= The difference between the third bottom and the breakout point was about $10
3= which translated to a take-profit point of around $61 & $65 n the upside.
4= The stop-loss point could have been placed at around $45.50 to limit downside risk as well.
Hope you like the Chart Setup
Do hit the like button if you like it and share your charts in the comments section.
~ Attention : this isn't financial advice we are just trying to help people on their own vision.
~ Happy Trading ~~
Thank you !
Namaste .
Long-Term Picture of Axie InfinityHey there.
Accurate reactions to this channel leads me to believe that Axie Infinity is moving inside these parallel channels. If so, AXS might have started a new move.
Targets? I do hope AXS/USDT returns to upper channel and if that happens, targets like 400 would be in sight. This would of course take quite some time to happen, but short-term targets are exciting as well. Let's discuss those in another post.
Let's discuss what you think about AXS/USDT in comments.
Cheers.
AXIE INFINITY long position 🚀Based on the chart, price stick in descending channel ✔️
and
has started to gain from channel support and support area ✔️
so
we expect more gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain 🚀
and
our first target is $95 🚀
if
the price breaks the $95 and round number of $100 and stays above these levels, we can expect more gain 🚀
and
our next target is $150 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
Do not Buy the Dip on AXS yet !!No Investment Advice.
AXS looked amazing when it was making its minor degree impulse. Wave 3 was massive in relation to wave 1. Wave 3 finished very close to fibb level shown in purple. And a usual wave 4 Triangle structure. Wave 5 spot on fibb level. Usually wave 5 is .618 of wave 1+3 but in this case it finished 1 level lower suggesting upcoming weakness in the trend.
Now it has been selling off with the market. But the most worrying thing is that it has managed to make a lower low invalidating possibility of wave 3.
If you are holding bags i wish you good luck with that. If i were you i will do a solid fundamental analysis. And if i come to a conclusion that this project has future i will DCA. My next entry will be 20.50 and next level 5. Based on fibb level as shown below-
Axie infinityI don't want to sound negative, but what's the idea behind axie? How sustainable is it. Well from the charts price is going down. ( Obviously this correction or should I say change in major trend is soo... Cold. Brace yourself for next level around $36 area. Or could there be a turn around zone? Not anytime soon I guess 🙂
AXIE INFINITY time to gain 🚀Based on the chart, price stick in descending channel ✔️
but now
become close to channel support and support area ✔️
so
we expect gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain and our first target is $95 🚀
if
the price breaks the $95 and round number of $100 and stays above these levels we can expect more gain and our next target is $150 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋