Axsusdtanalysis
AXSUSDT Bulls Take Control! Key Levels in Sight.Analysis for AXSUSDT 15m Timeframe – Long Trade
Current Position:
Entry: $4.677
Current Status: Target 1 (TP1) at $4.823 has been successfully achieved. Awaiting further momentum to hit higher targets.
Technical Overview:
Risological Dotted Trend Line: The upward curve of the trend line indicates positive momentum and a strong bullish sentiment in this timeframe.
Volume Analysis: Current volume stands at 1.03M, lower than the 30-day average of 1.91M. Despite the lower volume, the price has sustained its upward trajectory, suggesting underlying buying interest and potential accumulation.
Key Performance Metrics:
Short-Term Weakness: The asset has shown negative returns over the last 1 week (-5.63%) and 1 month (-9.62%), reflecting recent downtrends.
Long-Term Resilience: Despite the short-term declines, AXS has a slight positive return over the past year (+2.12%), indicating resilience in its long-term outlook.
Target Levels:
TP1: $4.823 (Achieved)
TP2: $5.060
TP3: $5.296
TP4: $5.442
Stop Loss (SL): Placed at $4.559, providing a balanced risk-to-reward ratio for this trade setup.
Outlook: The trade remains bullish, with further targets potentially reachable, provided AXSUSDT can maintain momentum. Keep an eye on volume trends for additional confirmation of sustained buying pressure.
This setup aligns well with a continuation in the bullish trend, leveraging favorable price action to target the next levels.
#AXS/USDT#AXS
The price has been moving in a descending triangle since January 2023
With the presence of reversal patterns, the price finally broke the downtrend
With a large oversold presence on the MACD
Axie Infinity's potential in this time window is 250%
In 2023, we have gone through a very complex and long consolidation phase that will surely lead to the next major bull market wave.
Breakout and close above EMA10 and EMA21 in one candle.
There is support from the bull market.
AXS / AXSUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
AXS and the 2024 Risk to reward Potential opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 2024 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
AXSUSDT heads towards weekly support, long favorable from thereAnalysis Type: HTF
After losing the previous weekly support, the price seems to be heading towards weekly support WS1. This is a level where price should find support. This should be a place to go long after the long failure from the last weekly support which is lost now. The price is currently consolidating after a big drop. The next support level after weekly support WS1 is weekly support WS2 which I believe we should not see at least in near future but keeping that into account as we want to be ready when that opportunity comes.
AXS on weekly support, likely to bounceThe price has once again hit the weekly support zone. It may go deeper or breach the zone briefly, but I expect it to hold here and bounce towards weekly resistance. There are some daily resistances on the way up to weekly resistance and may hold the price in between.
Axs Most Probably Axs/Usdt
On the daily timeframe, AXS/USDT has confirmed a breakout, and the retest is almost complete. This retest is an important part of the breakout process, as it confirms that the previous resistance level has now become support.
Based on these patterns, we anticipate a potential 60-100% bullish move in the near future for AXS/USDT. However, it is essential to keep in mind that investing in the cryptocurrency market involves risk, and it is crucial to manage your risk and conduct your own research before making any investment decisions.
Therefore, we highly recommend conducting your own analysis and due diligence before investing in AXS/USDT or any other cryptocurrency.
If you find our analysis satisfactory, please consider following us for more updates on AXS/USDT and other cryptocurrencies. Thank you for reading, and happy trading!
AXSUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: market and lower
Targets: 12 - 15 - 17 and maybe even ~20
after first target reached move ur stop to breakeven
Stop: ~6.7 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 7
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
AXSUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 15 - 20 and maybe 25
after first target reached move ur stop to breakeven
Stop: ~6.1 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
AXS: A GOOD MOVE COMING IN.Hello traders. I hope you guys are doing well. Here's an update on AXS in 3 days timeframe.
AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials.
Key points:
Resistance: $10.8.
Invalidation: $6.5.
Target: $16.
That's it from my end. Have great hours ahead.
Trade safely.
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart.
In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14
The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform.
Moreover, the trading balance of one of the users was in the region of $1 million.
CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help.
Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher.
Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year.
Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue.
It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60.
We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10.
The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level)
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AXSUSDT Elliott Waves Analysis (Global Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
we have a formed downward impulse,
in the medium term we are expected to grow, after which we will have another decline in the ~5$ zone.
But now, we have a good opportunity to take up to 500% profit.
Targets: 20 - 35 - ~50
HOLD!
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Is AXS about to finish his bearish trend?Even I checked multiple high timeframes I just saw too much important support and resistances near to current zone, but bearish flag pattern is not finished yet which makes me doubt about if bearish trend will finish soon or not, so I think that I need to check closely BOS and CHoCH in order to confirm. Also we can see in chart that squeeze momentum is pointing to bullish.