AXSUSDT
AXS CRUCIAL ZONE - $85 OR $47Axs continues to grow with epic trends, price is currently in air and indecisive on the next move. On lower tfs, the current pattern is a bull pennant with a double bottom formed inside the triangle which give a kind of bull sentiment. On attempt to break out, be prepared for $83
- $85 target range. The current price($65.8 - 66.8) is a good entry with a stop loss at $62.5 (6% risk).
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AXS100 trades crypto series
Starting date: 9/August/2021
Day 3
Starting capital: $500
Capital at present: $574
Trades made - 10
(all trading ideas in the series with comentary and outcome can be found on my profile)
BEAR VIEW:
-Entered on a strong bear breakout (bear candle closed on it's low)
-Apparently it was a final bull flag with visible rejections, signaling that bears are getting strength
-Strong rejection candle at the top of the range, signaling bear trend might be commencing
-Extended bull rally (bigger correction expected)
-Bearish divergence on RSI (HH on prices LH on RSI)
BULL VIEW:
-At the time of buying it is not clear if it is a bear trend or trading range.
-Formation of broad bull channel also still a possibility at the time of entry
Position size: 5 AXS
Risk:2%
AXS Movement In near Future.Hi every one
AXS /USDT
AXS still has room for more Bullish Movements !as you can see we've put Elliot waves (12345) Impulse waves on the chart and the Waves tell us that the price has just finished the 4th wave and now on the way to the 5th wave .other bullish signs are Great as well! AXS is also in a Bullish Flag pattern and as you know If the price manages to break this pattern It can Increase as much as the Flag pole! another bullish sign is that there is a Hidden Bullish Divergence (+HD) on MACD which suggests that the price must Increase. so as you can see there are multiple Bullish Signs on the chart and If we consider the Elliot waves the price should reach 70$ but the Flag pattern suggests a bigger Price which is around 79.5$! so the price can reach the resistance zone shown in the picture. note that the ABC correction waves can happen after reaching the 70$!
Summery:
-AXS has multiple Bullish signs
-has completed the 4th wave of Elliot Impulse waves and is on the way of the 5th wave.
-Bullish Flag pattern
- (+HD) on MACD
-Strong resistance Between 70$ and 79.5$.
-correction can start from 70$
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
AXS POTENTIAL DANGERAXS had one hell of a month until some news came out that it might very well be a scam. Users were also losing their funds from their accounts and many other issues that would drag the project to the ground. Even the official BSC Twitter retweeted an article regarding the possibility of AXS turning out to be a scam project. However, Axie Infinity made some good announcements that dragged so much attention into the project therefore giving a huge rise in price.
Regardless of that, it is still a risky pump and dump coin that could crash to near 50% any second because it's extremely overpriced at the moment.
NOTE: this is not financial advice, it's just my personal opinion based on my own research! do your own research before investing your money into anything.
AXSUSDT🌟this alt is on fire lets enter it while still we have a chance (but don't rush let it correct itself and enter at the marked price of entry point)
🌟why did we put entry point that much lower? we believe the rise need a correction and after that we enter which is going to be our specific entry point
🌟should you get in full invest in this coin to recover from the blood bath of BTC ? of course not just invest a portion of your money in it and always include money management before entering an asset!
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AXS 12H We want to buy it, but now it's to expensiveToday we will update the idea of the AXSUSDT pair because the previous idea unexpectedly quickly worked out the upper targets.
Just look at the trading volumes, the abnormally strong interest around the NFT token of the Axie Infinity game — AXS, which means that we will often write ideas about it and trade on it.
However, now we need to understand: are they not selling out AXSUSD on highs at exorbitant prices?
To understand this, a correction is needed:
— If buyers stop the fall above $15.75 , this means that there are a lot of people who want to buy and there is no time to correct, only growth is ahead)
— According to the technique, correction is needed in the range of $10-12 , and if you know how to sit in a position for several months, then this is the first tasty purchase for you.
— If there is a negative phase in the market, then the fall will be even lower, to the $7-8 region, and this will be the second tasty buying zone for medium and long-term traders.
The indicative targets from above are $38 and $74, which we will adjust depending on the market situation.
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Simplifying Axis Infinity (AXS), Huge Upside potential setupHello! So let's break down the analysis:
Fundamental Analysis:
1. Axis is directly influenced by Bitcoin
Bitcoin dumps massively -> Axis dumps or consolidates
Bitcoin pumps -> Axis pumps slightly or consolidates
Bitcoin minor correction or consolidation -> Axis pump insanely, just like right now
2. Fundamentally, Axis growth is going exponential, the traded volumes are increasing greatly!! Very bullish sign. Adoption is insane.
Technical Analysis:
1. As we can see, Axis formed a bullish triangle, or if you consider the previous run, it made a bullish flag pole. these chart structures have 66% chance to break upwards.
2. The usual approach is, we take the pole length and put it where it broke out to find out rough selling target
3. As I studied the past chart of Axis, more than technical supports and resistance, Axis tends to follow Psychological S/R. So From that perspective Important price points are:
$50 - Support
$60 - Sell target 1
$75 - Sell target 2
$100 - Final Sell target
Cheers, Have a nice day!! Please comment if you have any question or feedback
💥AXS BUY SETUP - TO RISE BY 18%- 36%🚀Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $37.8 - $38.4
Stop loss - $36.8
Take profit 1 - $45
Take profit 3 - $49
Take profit 3 - $52
Right here Axie Infinity (axsusdt). As indicated on this chart, we have a symmetrical triangle with three (3) resistance levels and five (5) support levels
Price is making effort to test the support trendine to form the sixth (6th) support level before rising again.
Once this level has been tested, I expect price to bounce up, break out and rise to $45, $49, & 53 by 18% 28% and 36% respectively.
What do you think?🙋♂️
Share your opinion in the comment section✍️
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Happy Trading💰🥳
AXS/USDTPERP | Potential Upward Movement 🚀 Technical Analysis:
The pair succeeded to break the descending channel pattern to the upside with a double bottom near the strong support around the 41.42 USDT mark. A lower correction is expected to this highlighted zone before a new impulsive wave to the upside toward the mentioned target profit.
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Trade Idea:
Buy Limit Order @ 41.39
Take Profit @ 45.44
Stop Loss @ 40.38
Trade Safely 🙂