AXS - Daily Chart ✅Let's see how AXS is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is pumping and, we might experience rejections soon.
The market is showing SELL volumes for AXS.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that AXS is below the 50 levels, the center. It's highly oversold.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $80.78
Let me know your ideas.
Good luck.
AXSUSDT
Axsusdt cup and handle Retest done bullish AXSUSDT (4h Chart) Technical analysis
AXSUSDT (4h Chart) Currently trading at $80
Buy level: Above $81 (BUY AFTER BREAKOUT)
Stop loss: Below $71
TP1: $84
TP2: $89
TP3: $94
TP4: $100
Max Leverage 3x
Always keep Stop loss
Not A financial Adviceeeeeeeeeeeeeeeeeeeeeeeeeeeeee be carefull
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RNDR Contracting GPU Power Via Blockchain TechWish I would have bought some when Dave Lui dropped the alpha on it last year. RNDR is on the SOL blockchain. It appears as if SOL would be best suited for video games. Could we see popular NFT/ Metaverse coins transition from ERC-20 and go to the SOL blockchain? If so wouldn't a partnership with RNDR to offload some of the GPU workload be cool. Just a thought. Stick to TA. I'll be looking to start a position at outlined levels and take profit at 1.272.
AXSUSDT - Cup and Handle PatternAXSUSDT (4h Chart) Technical analysis
AXSUSDT (4h Chart) Currently trading at $78.9
Buy level: Above $79.6 (BUY AFTER BREAKOUT)
Stop loss: Below $71
TP1: $84
TP2: $89
TP3: $94
TP4: $100
Max Leverage 3x
Always keep Stop loss
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AXS retracing excess? One Elliott Wave count im keeping an eye on. TLDR: Want to see these previous resistance lines be breached and flipped into support before getting too excited for a bounce up. But have been short from the top so may be a bit biased. The Elliott Wave pattern just doesnt look complete. But I am fickle and can be swayed easily by the PA. And AXS can always do AXS things... like in the good ole days..
AXS: Near-term Bull-Flag PT $246See my most previous Bull-Flag targets for SOL and LUNA... AXS with tons of market adoption and major investments from Samsung does provide an opportunity to be a gaming juggernaut in the gaming space. Axie bears some remarkable similarity to the virality of Pokemon about 25 years ago.... except with much higher sustainable uspide.
The Bull Flag Target is $246 and is a shorter-term expectation which I would expect to play out by Q1 2022 as major catalysts occur for AXS and greater adoption occurs.
AXS will do a Break out soonHello every one
AXS /USDT
AXS is in a Falling wedge Pattern. the Break out needed for This Pattern has Not Happened yet. Sure The Break out can Happen Right now But There is another Scenario As well. we Can Expect a Pullback From The Support Range which is Drawn on The chart as well. The Expected Movement is to the Top of The Falling wedge pattern.
This is only an idea and not a financial advise ( NFA )🔴
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Have a nice day and Good luck
Axie Infinity Analysis, Jan 6This is what I think about Axie Infinity (AXSUSDT)
Three waves completed and now we are currently in wave 4th of Elliott waves
There are two places that can be the end of wave 4th and the beginning of wave 5th
It depends on breaks the trend line or not if it breaks then the second place can be the end
Anyway in my opinion this isn't the end cause I expect another bullish wave
To Infinity and Beyond! (Axie Infinity)Axie Infinity (AXS) was one of the first gaming tokens to go on a strong run with huge % gains. The most recent impulse movement began from Sept to Nov 2021 where AXS made an ATH of ~164 and increased by ~223% in that period. Since then, AXS has been trading in a descending channel where it has found good support at the 38.2 fib level which is often a strong area to buy after an impulse movement has occurred.
Assuming the support holds, AXS can trade toward the upper end of the descending channel and with enough volume, breakout of this channel with a mid-term target at the 61.8 level. In the case of an exceptionally strong impulse movement, it can target the 78.6 fib. Of course, all alts still answer to BTC (apart from a few gems...) so trade carefully.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments, questions and thoughts below!
AXSUSDT-SHORTBased on technical factors there is a short position in AXSUSDT Axie Infinity
AXSUSDT Axie Infinity
Score 2️⃣
🔴Short Now or set on Key Level 96.35
🟢Target 1 94.40
🟢Target 2 92.80
❌Stop loss 97.00
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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