AXSUSDT Rectangle PatternAXSUSDT Breaks Out of Rectangle PatternAXSUSDT Technical Analysis update
AXSUSDT has formed a rectangle pattern at the bottom near its major yearly support level. The price has broken the rectangle pattern resistance on the daily chart, indicating a potential bullish move from the current level. The price is trading above the 100 and 200 EMAs on the daily chart, with a noticeable rise in volume in recent candles is also considered strongly bullish.
Axsusdtlong
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 is moving in a descending channel on the 12-hour frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 4.00
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.80
First target 5.80
Second target 6.40
Third target 7.17
AXS gold signal#AXS is currently moving in a bullish Channel , which serves as strong support. price gradually approaching a key resistance level around the $8.50 - $8.16 mark.
It seems that according to the maintenance of the bullish Channel. if the resistance range of $8.5 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
A successful break above resistance level could lead to a continuation of the upward trend, while failure to break through may result in a price correction. Careful monitoring of the price behavior around this resistance level is crucial for making informed trading decisions.
At the moment, we do not have a signal for a bearish trend on the price chart.
#AXS/USDT#AXS
The price is moving within a 1-day ascending channel pattern, which is a retracement pattern
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 7.40
The first goal is 9.57
The second goal is 10.70
Third goal 12.00
AXS/USDT/AXIESBeing on this space is good as long as you win, I have more haters than followers which i love it.
You want to make more moneeee, stay updated to new gold coin. but as an advice but not your financial advisor, this is not a financial advice. trade it or hold it.
AXIES to the moon? highest speculation is 63$.
I'm interested on lower price coin. if you have one comment down below, I would love to give a charts update on it.
$AXIES is trading below most of the owner of this coin not interested on selling it, its just a price reprice in below, it means it needs more demand. demanding the price is way more better than selling their coin.
I will update this once target being accumulated.
NOTE : this is not a financial advice, I'm not your financial advisor.
This coin is GAMing most of my friend their in PH play this.
#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.
Axie Infinity - Nice Upside PotentialAXS broke out of the descending triangle with some bullish strength, i really like the pattern on Daily timeframe, but to be perfect it just need to do the retest, but I don't know if that will happen, as the gaming sector in crypto has been performing very well recently and I believe it still is just the beginning.
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.)
AXUSDTAXSUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 9.08.
What you guys think of this idea?
AXSUSDTAXSUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 7.2 region.
Will the bulls take charge again continue for leg higher?
AXSUSDT - Another Falling Wedge Falling wedge pattern. A bullish structure.
Moving averages on this 4Hr timeframe can be seen to be very similar at the arrows placed.
Suggesting that an upward move is following this second bottom that is forming.
I expect if price rises to go to the red resistance line that is dashed.
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