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Axsusdtidea

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.
Long
by ProfitsNinja
AXS/USDT The trend is still Bullish. Ready to continue Upward ??💎 AXS is currently showcasing a rebound from a key support zone, aligning with a bullish trendline. The prevailing market trend for AXS remains robustly bullish, evidenced by the consistent formation of higher lows and higher highs on the chart, which are classical indicators of a bullish trend. 💎 If this retesting phase proves successful, AXS is poised to extend its upward journey, with the supply area being the immediate target. A decisive breakout above this supply zone probability could pave the way for AXS to reach the strong resistance area, which is set as our next target. 💎 However, should AXS retreat to the support zone and breach below it, the scenario could take a bearish turn. Breaking down the support would not only signify a failure to sustain the bullish momentum but also indicate a potential trend reversal. In such a case, AXS might be steered towards a downward trajectory, with the demand area becoming the next critical focus. 💎 The demand zone thus emerges as a pivotal area for AXS. For the asset to resume its upward trend, a strong rebound from this level is essential, coupled with a successful reclamation of the resistance zone. Failure to achieve this bounce-back could lead AXS to persist in its downward movement, potentially heading towards the significant support level at around $4.1. 💎 Investors and traders should keep a close watch on AXS's response to these crucial support and resistance levels. The asset's behavior at these junctures will be instrumental in determining its short-term price action. Stay alert to these market developments to effectively adapt investment strategies.
by MyCryptoParadise
AXSUSDTBINANCE:AXSUSDT has been in a downtrend since late January, each time meeting resistance from the downtrend line marked on the chart and pushing the price lower. However, we are now seeing the price stabilize and the downtrend line break. The price trend has changed from down to up, which can be confirmed with higher pivots. I try to wait for a retest after the trend lines break or find a complete confirmation of the end of the previous trend. In this case, we can wait for the price to test $6 again or wait for the upper resistance to break, which is marked with a red box on the chart. However, in general, we should expect the start of an uptrend at least up to 9.5 USDT. The overall trend is expected to be bullish. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
7
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.
Long
by angela_altair
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
Long
by trytofeelpositive
2
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
Long
by trytofeelpositive
2
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: $16. That's it from my end. Have great hours ahead. Trade safely.
Long
by Dexter_The_Trader
3
AXSUSDT Elliott Waves Analysis (Global Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. we have a formed downward impulse, in the medium term we are expected to grow, after which we will have another decline in the ~5$ 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.
Long
by trytofeelpositive
9