Axsusdtlong
AXSUSDT LongAXSUSDT (Axie Infinity) is becoming more and more popular as a way to earn income between teens and yonger adults, this sets up a perfect fundamental environment for the coin. Furthermore, since its inception it have been only trending higher. A potential triangle pattern has formed, with a breakout already happened, high chance for small pullback and push higher or directly push higher.
AXS is squeezed in Rectangle Pattern* AXS in 4H time frame is moving in Rectangle pattern
* The price is facing Resistance around $152 and it has support near $114
* Rectangle pattern occurs when the price bonds between two parallel trendlines opposite to each other. Rectangle is a trend continuation pattern.
* To continue the bull run AXS needs to break the above resistance of $152.
AXS/USDT 4HOUR UPDATEWelcome to this quick
AXS/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- AXS/USDT analysis is triangle ready and retest complate green zone fast by the dip.
And AXS/USDT is fundamentals is strong is metaverse !
Entry:- cmp And green zone
Traget:- 30% to 45%
Stoploss:- $123
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
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AXS Price Rallies 45% To $1.27 Buoyed By Facebook Rebrand
Axie Infinity price skyroketted to areas above $155 as the AXS reacted to the news that facebook was rebranding to Meta.
A rise above the immediate resistance around $150 could see AXS rise to tag new highs.
Facebook’s announcement of October 28 that it was rebranding to Meta was an affirmation of its ambitions to go beyond online social media to build a metaverse. These news triggered a speculative rally cross NFT and Gaming cryptos in the Metaverse.
Decentraland (MANA) jumped by as much as 80% between October 28 and October 29 with its market valuation exploding from $1.44 billion to over $2.08 billion in just 24 hours.
AXS, a native token to Axie Infnity, a Pokemon-styled “play-to-earn” pet training game and virtual world also rallied by as much as 22.5% to hit a two-week high above $160. AXS is Axie marketplace’s legal tender where players use it to purchase digital pets (in-game NFTS).
AXS Price Takes A Breather Above $140
Axie Infinity rallied over 39% from a low of $117 on October 28 to a high of $163 on October 29. This rally was rejected by the $150 resistance level which has since seen the AXS price correct to the current price around $142.
AXS is trading with a bearish bias above $140 and slip below this level could see it lose the recent bullish momentum to tumble towards the $125 support wall.
A slip below this could see a safe haven at the demand one between $108 and $114 shown by the green band.
On the upside, if AXS price overcomes the selling pressure from the supply zone between $148 and $155, the Axie Infinity Token will rise to discover new record highs above $155.
The upsloping moving averages and movement of the MACD in the positive region validate this bullish outlook. Morever, the position of the Relative Strength Index (RSI) indicator at 63 close to the overbought one shows that the bullish momentum still has some strength.
AXSUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 160 - 200 - 230
after first target reached move ur stop to breakeven
stop: ~105(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
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It's not financial advice.
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AXS LONG TRADE - AXIE INFINITY Our favourite volatile trading alt finally broke up from the symmetrical triangle and ready to retest ATH!
Take profit in three stages, TP1 $155 (ATH). If bulls take charge and momentum continues then next targets are TP2 $171, TP3 $232
*NOT FINANCIAL ADVICE
**ONLY TRADE WHAT YOU CAN LOSE
AXS - PUMP IS COMING 😱🚀🚀AXS has broken the trend line and is now testing it as support. This is a good signal for continued growth. Above is the marked liquidity zone, where it is worth fixing your profit.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
AXSUSDT - Ready for another Bull Run??AXSUSDT (4H Chart) Technical analysis
Flag or Pennant pattern
AXS/USDT(4H Chart) Currently trading at $120
Buy level :Above $122 (Buy after Breakout)
Stop loss: Below $109
TP1: $136
TP2: $153
TP3: $174
TP4: $199
Max Leverage 3x
Always keep Stop loss
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