AXS Looking very good!Here's a quick look at AXS 2hr chart. As we can see the price has printed a falling wedge which is a bullish price pattern. The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 45.5$
2. 48$
3. 52$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
AXSUSDT
AXS Possible MovementsHi @everyone, here are my thoughts on AXS on a 1h TF today ( July 31, 2:43PM )
- I'm still watching for the wyckoff distribution on this, but it's still too early. We may see another HH from here.
- So the market has formed a bull flag and broke out the upper trend line
- It is now trying to retest the upper trend line, and if we got a rejection from here, we may see another push to the upside.
- Just watch out for the fake out.
That's it guys! Take care! NFA, DYOR and TAYOR
AXSUSDT ANTICIPATION STRATEGYMy analysis depicts a possible price action on axs in the coming days as its getting weak on volume and at a strong resistance level. Eke, Axs has exceptionally bounced to unexpected levels since the onset of this month so corrections are expected before we see a new ath. As indicated on chart, price has been following an ascending channel which is probable we see a downtrend to the higher low of the channel then to the support zone after a retest of the new ath. It's possible price breakdown at the support level for continuation of the head and shoulder pattern or a reversal could occur for the continuation of the inverse head and shoulder to reach a new ath. This is what i conceive on axs and it's no wise a financial piece.
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AXS bullish wedge breakout with price targetsThis trade is set up with the pattern breaking of the bullish falling wedge pattern. One this pattern is broken to the upside you could enter this position. The stop loss and take profits are listed on the chart.
This set up has multiple bullish indications on it, including bullish divergence on the MACD histogram shown on the chart, a MACD line crossing up above the signal line, the RSI is starting to enter bullish territory and the falling wedge consolidation is about to break out of the top resistance trend line.
This is also an amazing project doing very well with their game that was launched. I say this often to the class that I teach, NFT’s will go first, DEFI next then the normal flow of money we’ve saw for years in the crypto markets.
Disclaimer, this is not financial advice and trading any market is a risk. Please be responsible.
Have a green week!
#AXSUSDT Trade Setup, Bouncing off now!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart:-
#AXS/USDT: Forming a descending wedge pattern that is generally bullish in nature.
However, the breakout will decide the direction of its trend.
If you haven't opened the position, wait for the breakout. Hidden Bullish Divergence.
ENTRY: $40.55 to $42.80
TARGETs :
$46.84
$49.30
$52.23
$57.87
Stop-loss around $39.32
DYOR before taking this trade.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
AXS TRIANGLE CONSERVATIVE BREAKOUT LEVELSBINANCE:AXSUSDT www.tradingview.com
AXS has a descending triangle inside of a bigger ascending triangle. On this chart I give the conservative TP levels that it should hit if it breaks out to the up or downside.
Upside descending triangle conservative TP level : $52.52, though I would TP at $50 due to psychological resistance.
Continued break out of ascending triangle TP level: $98.74
Downside descending triangle conservative TP level: $33.85
Continued break out of ascending triangle TP level: $24.25, though I would TP at $25 due to psychological resistance.
TP's based off of 100% extended fib level measurements of the triangles.
*Not Financial Advice*
AXS due for a shortFinally had sometime to look at AXS, noticed a decending triangle forming. From last night we got to our ALT for AXS around 52.5 and have been going from lower highs since then. We've found support at 0.5 fibs going from where the climb started yesterday up to the ALT. I was expecting a retrace to the 0.618 which lined up with the 20EMA and thought it would bounce and form the 5 Wave of the elliot wave. However given that its respecting that support line at 0.5 and seeing lower highs id be thinking that it might break through that support line.
Usually i'd think that it depends what BTC does but the last week or so AXS and AlLICE havent really done that.
Let me know what you think and this is not financial advice just my ideas.
$AXS great potential coin with strong fundamental and techincalHi everyone! This AXS is looking really great at the moment and has been very strong ever since the game Axie Infinity has been picking up well currently.
Also, alot to do with the video by famous YouTuber banter in last couple of week ago.
Not only the FOMO is strong and persistent, the game is doing really great with player base growing exponentially everyday.
Technical Analysis:
The RSI is healthy, pitchforking showing me that it could possibly reach 80 on 12th Aug and potentially hit 350 in Dec 2021.
Not Financial Advisor
AXSUSDT Flag Pattern!AXSUSDT (1H CHART) Technical Analysis Update
Flag Pattern
AXS/USDT currently trading at $42.68
Buy-level: $41.75 - $42.70 (Wait for the small retracement)
Stop loss: Below $36.53
Target 1: $45.35
Target 2: $48.00
Target 3: $50.00
target 4: $55.00
Target 5: $60.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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#AXS Ready For another Push $61 Incoming1 Hour Bull Flag
28% Pullback has occurred.
If btc can keep pushing this is possible to play out, if btc doesn't continue the push this will drop.
I like our chances here.
Entry Current Price
Stop - $35
Target - $61
Leverage - 7 x
We will also watch for a rejection of top of the range and update the chart!
Best of luck!
BITCOIN CAN GET ANY TIME CONFIRMED INTO BREAKDOWN TREND WITH ...Hello trading friends,
#Bitcoin can get any time confirmed into the breakdown zone - if this happened with the time frame we could see a huge breakdown trend into bitcoin.
even the whales can get rekt - the markets is so high, that only data and trends that play a high role. whale trends is in 2 sides long/down.
Bitcoin did break down one time below 38K, when this happened a second time with time frame, we could see a new huge breakdown trend.
manage always your risk, we did also add if bitcoin increase to 40k+ that would be the only reason we watch BTC for an uptrend.
THE GAME WHALE OF BTC CAN EVEN RETURN BTC TO 34900 THE SPLIT AREA
Means this update that 100% sure the trend will break down to 34900?
Into crypto there is noting 100% sure, as markets can change with time, we work with confirmed trends, as long these confirmed trends are not done we are still at the same side, and all is possible. we expect if bitcoin breakdown 38k with TIME FRAME what still has not happened, we could see a new breakdown trend and that we only checking uptrend from 40k+
Have a great day.
Check yesterday about the important golden 34900 increase, we did add it as a split area for possible whale entry