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.
Axsusdtlong
AXS/USDT - Axie Infinity: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the NYSE:AXS / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 7.46 | 7.69 | 8.28, and the major support zones can be found at 6.87 | 6.51 | 5.92. Consider entering a trade at the current price zone of 7.37 and targeting higher levels.
◰◲ General info :
▣ Name: Axie Infinity
▣ Rank: 56
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Architected by Sky Mavis and inspired by Pokemon, Axie Infinity is a "play-to-earn" pet training game and virtual world built on the Ethereum blockchain. Players can collect, breed, battle, and trade in-game pets called Axies. All in-game assets are represented via fungible ERC-20 or non-fungible ERC-721 tokens and thus trade on secondary markets.
◰◲ Technical Metrics :
▣ Mrkt Price: 7.37 ₮
▣ 24HVol: 11,815,545.852 ₮
▣ 24H Chng: 2.078%
▣ 7-Days Chng: 2.36%
▣ 1-Month Chng: -1.00%
▣ 3-Months Chng: -14.91%
◲◰ Pivot Points - Levels :
◥ Resistance: 7.46 | 7.69 | 8.28
◢ Support: 6.87 | 6.51 | 5.92
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.84
▣ Last 90D: -0.94
▣ Last 1-Y: -0.55
▣ Last 3-Y: 1.41
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.66
▣ Last 1-Y: 1.06
▣ Last 3-Y: 1.75
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.75 - V. Bullish
▣ In-depth AXSUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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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.
Axie Infinity (AXS) Price Analysis 2023Axie Infinity (AXS) holds the 52nd position on CoinMarketCap right now. Axie Infinity price prediction for 2023 is explained below with a daily time frame.
The above chart of Axie Infinity (AXS) laid out a descending triangle pattern. The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern.
As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete.
Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish.
At the time of analysis, the price of Axie Infinity (AXS) was recorded at $6.85. If the pattern trend continues, then the price of AXS might reach the resistance levels of $11.337. If the trend reverses, then the price of AXS may fall to the support of $6.33
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!
Axie Infinity (AXS) formed bullish Butterfly for upto 128% rallyHi dear friends, hope you are well and welcome to the new update on Axie Infinity ( AXS ) token.
Previously we caught more than 54% pump of AXS as below:
On a daily time frame, AXS has formed a bullish Butterfly move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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
AXSUSDT LONG SETUPThis is my setup for going long on AXS over the next few hours. I expect the price to go to the upper trend line again and return to the lower support line, and from there on, I have no idea. If you know something, tell me in the comments .
Content is for informational purposes only and not financial advice
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.
Trading Signal For AXSUSDT Axie Infinity Trading Setup:
There is a Trading Signal to Buy in AXSUSDT Axie Infinity .
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 48.95
⭕️SL @ 7.95
🔵TP1 @ 10.55
🔵TP2 @ 12.17
🔵TP3 @ 14.80
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
#AXSUSDT Bearish channel breakTrade setup: Following a bearish break from Sideways Channel ($14-$20), below $14 support, price made a new Lower Low, which is a sign of Downtrend. It is now approaching $6 support. (set a price alert).
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $6. The nearest Resistance Zone is $14 (previous support), then $20.
AXS/USDT - LONG --> Divergence ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
---------------------------------------------------------
⚡️⚡️ AXS/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 9.75 - 100.0%
Take-Profit Orders:
1) 10.51 - 70.0%
2) 11.08 - 20.0%
3) 11.99 - 10.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
AXS : SHOWING MOVEMENT INCREASE + VOLUMEAXS: SHOWING MOVEMENT INCREASE
Depending on the low time frame it can show coming to time more volume trends.
This can be also the new Bottom that AXS has made.
volume range can increase with time.
Targets
There is a good chance that we can see coming time a movement of AXS price between 11-15 USD
This is expecting and not trading advice: Crypto is most of the time too risky, manage your risk well, and don't just enter any coin with no study and confirmations.
Trading Signal For AXSUSDT Axie InfinityTrading Setup:
A Trading Signal is seen in the AXSUSDT Axie Infinity.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 8.95
⭕️SL @ 8.55
🔵TP1 @ 9.65
🔵TP2 @ 10.50
🔵TP3 @ 11.70
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .