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AXSUSDT

$AXS/USDT 12h (Binance Futures) Rising wedge near resistanceAxie Infinity is hyped as hell and went parabolic leading the Non Fungible Token (NFT) market. But it seems to be forming a bearish pattern approaching its end, that could send it to a 20EMA retest! But this is not necessarily topped yet and a last leg-up is likely to short squeeze first, better wait for entries. Current Price= 26.510 Sell Entry = 29.552 - 31.888 Take Profit= 22.833 | 18.580 | 13.316 Stop Loss= 37.054 Risk/Reward= 1:1.25 | 1:1.92 | 1:2.75 Expected Profit= +25.67% | +39.52% | +56.65% Possible Loss= -20.52% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x Estimated Gain-time= 2 weeks
Short
by TradingOn
BTCUSDT Possible Predictions from a NoobIn the above chart as we can see BTC in a consodilation phase where Breakout can occur in both directions. But as we take a look into market the fear index has risen exponentially and decrease in Vol of BTC at the exchanges can not be ignored. Few recent events which can be considered are crackdown on BTC mining from Chinese government and rising interest by MNCs into BTC as a wide area of interest i.e. Twitter confirms making Hardware Wallet for BTC, rumours of Apple trying to invest approx $2B USD into Cryptocurrency and most recent trend Microstrategy selling it's bonds and stocks to buy more BTC and other unknown cryptocurrencies. We must wait for miners to start mining again for a better comeback. In my opinion Bear Market is not going to last for more days. BTC will make strong comeback as per the events happening around the world regarding cryptocurrency market. Please correct me if I am wrong and sorry in advanced for any kind of mistakes in chart.
BITSTAMP:BTCUSD
by AsliPandit
AXS in a downtrend - Bears are here! Finally, some bearish sentiment on this coin. After a massive explosion of the “play to earn” nfts, now it is time to short them. I am expecting low Axie prices in the next few weeks or months which it will allow me to expand my scholarship teams. Right now, everyone is printing money, but things will turn sour soon for many of the people who recently bought scholarship teams or started breeding heavily. I saw someone on reddit, buying as much as 60 axies in order to farm SLP. Oh well, this guy will be in loss for many months to come. This is why you need to have a long term plan in place. Best,
Short
by DEFI-trader
5
CRYPTO SHORT HUNTERits a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype. latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry. this is a few tutorial, trial, high risk tutorial for shorting the top. very high risk, because we couldnt define the resistance area before it reach ATH. so, to define probability of the latest ATH is to combine many things! 1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme 2. combine with oscilator, define the trend reversal 3. draw important support line. 4. extra dicipline in stoploss!
by HanumanRiseAndBeyond