AXS strong resistanceIn the four-hour chart, AXS is under relatively strong selling pressure at 10.245, and the price has large price action here.
-
At present, AXS is in an upward trend. If it does not fall below the trend line and the previous low of 7.610, it has a chance to break through 10.245.
-
After breaking through 10.245, focus on the upper target:
11.825
13.040
14.760
15.840
-
AXSUSDT
AXS's price reacted to the resistance rangeAXS's price reacted to the resistance range of $11.78 to $12.50 after successive collisions.
The resistance for which it is intended is the range, the breaking of which could change the trend in the daily time frame from range to bullish.
But the solid negative reaction observed to this level has caused the movement to range between this resistance and support from $8.40 to $9.40. Also, the 50% retracement Fibonacci retracement was just within the designated support area, reinforcing this level.
So as long as this range is maintained, there is potential for further growth and breaking the resistance ahead. Also, in case of breaking and continuing the upward trend, higher targets range from 18.5 to 20 dollars.
AXS/USDT | Pretty Solid Descending Channel Consolidation..!!
#AXS Looks Promising here 🔥
Pretty Solid Consolidation in Descending Channel, Seems like Bottomed out & Ready to Fly.
In Case of Breakout, Expecting +400% Bullish Rally in the Midterm..🏄♂️
It's important to maintain a Disciplined and Patient approach to investing in order to achieve Long term Success.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
AXSUSDTI see a Bull Flag breakout forming in the Daily chart of AXSUSDT.
Bull flags are usually a continuation pattern but I'm waiting on next daily candle close above the resistance to confirm the bullish breakout.
The volume is increasing with it so it's possible to continue the bull trend it started.
Both my take profits are shown which are major resistance zones.
AXS LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Can bulls do it?Hello every one
Today i want to share my idea with u.
On the 3-day time frame, we notice the intersection of the upper part of the descending channel with the red horizontal resistance
This intersection (yellow zone) indicate a strong resistance for the bulls to break it
Keep your eyes on it.👀
We expect a breakout to occur soon, and if this happens, we expect a strong rise of 300%
Don't forget to support us with ur like and follow me for more updates.💙
Good luck👌
AXS: Overbought at ResistanceAxie Infinity (AXS) technical analysis:
Trade setup : Bullish breakout from Descending Triangle was confirmed with a breakout above $10 and 200-day moving average. Price is now approaching $15 resistance and is overbought (RSI > 80). The recent big move comes ahead of a negative catalyst in form of an upcoming token unlock.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10, which it broke, then $15, and $20.