AXSUSDT
AXS: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $9.50. Stop Loss at $6.40 (prior swing low).
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50.
AXS: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $9.50. Stop Loss at $6.40 (prior swing low).
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50.
Watch out AXS, CAKE and Doge, they will join their friendsDue to the pumping of altcoins in the last few weeks, I had time to make a review.
Among the altcoins that had a good pump in the past bullrun like SOL and AVAX, and among those that had a lot of decrease like CAKE and ICP, I handpicked a few undervalue GEM
With today's ICP Token pump, it seems that two altcoins are prone to pump: AXS, CAKE and Doge.
Sooner or later they have to pay back their debt and going high, so I'll buy some of them here
AXS: Channel UpTrade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next. It’s also trading in a Channel Up pattern.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50.
AXSUSDTAXSUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 7.2 region.
Will the bulls take charge again continue for leg higher?
AXS: Channel UpAxie Infinity (AXS) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next. It’s also trading in a Channel Up pattern.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50.
AXS/USDT Bullish Momentum??? Break the Supply or retesting first💎 AXS has undeniably emerged as a market focal point. Its recent trajectory showcases a triumphant breakout from the falling wedge, further solidified by a subsequent and valid retesting phase.
💎 Observing its chart, one can note that post its retest on the demand zone, AXS experienced a sharp upward surge, effortlessly breaching the supply threshold. However, its journey doesn't seem to halt there.
💎 While AXS has yet to undergo a retest after surpassing the supply zone, an optimal trajectory would see it first revisiting the demand area before setting its sights on the next supply target at $6.12. Should AXS bypass this retesting step and directly vault over the $6.12 supply mark, it could be poised for a more extensive bullish run, probability targeting the major supply zone and the bearish OB.
💎 On the flip side, markets are unpredictable. A less favorable turn of events might see AXS retracing its steps to the demand zone. If, during this phase, AXS falters and fails to uphold its position above the demand, it could signal a bearish shift. This downturn might see AXS descending further, potentially seeking refuge at a more foundational support level, underscoring the delicate interplay between bullish aspirations and bearish realities in the crypto landscape.
AXS: Resistance BreakoutAxie Infinity (AXS) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $6.00 (previous resistance), then $4.50. The nearest Resistance Zone is $7.00, which it broke, then $9.50.
AXS/USDT Bullish Trajectory from New Support Level? 👀 🚀AXS 💎 Paradisers, focus on #AXSUSDT as it demonstrates a notable trading pattern. Recently, resistance has turned into support, indicating a high probability of an upward movement.
💎 #AxieInfinity has shown a tendency to follow a descending channel, breaking above it to embark on an upward trend. Currently, it has broken above the resistance level of $6.61 with a strong green candle. If this breakout is successfully sustained, there's a significant chance for a bullish movement. With this continued upward momentum, AXS aims to target resistance at $9.51, and may even rise further to challenge higher resistance levels at $11.52.
💎 Additionally, for #AXS, be prepared for a potential bullish rebound from the support level of $5.25. However, be cautious as a fall below this level might signal difficulties in sustaining the bullish trend.
💎 In this dynamic and ever-changing market, strategic foresight and intelligent decision-making are paramount. Developing a comprehensive trading strategy, incorporating effective money management and a thorough understanding of support and resistance levels, is essential for achieving successful trading results.🌴💰
AXSUSDT, a possible 300% rallyHello friends,
I hope you all had a wonderful Thanksgiving, and I want to express my gratitude for your support.
My next trade will be on AXSUSDT, and I am expecting the first rally to reach a target of $12-14 from the current market price of $6.35.
I predict that the next rally could go up to $20. My expectations are based on a couple of inverted H&S patterns that I have visualized.
Thank you.
AXS VOLUME WHALE INCREASEThank you for reading our update. Please remember that this is not advice for trading.
AXS Looks to have a new uptrend volume
Can have the same effect as TRB shows before.
AXS is known from 27-07-2021 when it was able to gain from this price action to up $160
And still, there is a list of building whales that holding it.
$AXS Break of Structure with High VolumeAXS is still in a bullish condition after bottoming last October 19. Currently it is still strong above the EMA 6, 29.
It is estimated that the price of AXS will still be strong to level 5.752. This level is supported by the last Break of Structure and secondary reaction which is still stuck above EMA 6.
#DYOR
Axs On Verge Of Years Old Downtrend Breakout Finally getting life and showing signs of reversal
on verge of years old downtrend formed text book falling wedge in 3 days tf and trying to clear it and im also expecting breakout soon
incase of successful breakout expecting some solid gains in price of axs incase of successful breakout expecting 320 to 350% bullish rally In midterm