AXS - sucsess is having a restThis is my AXS working chart for trends.
The pattern is repeating.
BTC is a factor, but AXS has been self supporting. HOWEVER, if BTC and ALTs take a nose dive, AXS will dip.
Next move - I suspect a small sharp rise/fall/rise/fall and more consolidation before once again rising fast (Subject to BTC activity).
BIG NEWS - in case you missed it, Axie Infinity achieved $1 billion
One article "Ethereum-based NFT game Axie Infinity has hit a record $1.1 billion USD in sales, setting a new record for the highest-grossing NFT project ever. The game recently made headlines by helping rural Filipino communities weather unemployment during the pandemic through its play-to-earn model.
The active user base for Axie Infinity has grown exponentially from just over 108,000 daily active users in June to more than a million daily active users today. Data from DappRadar indicates sales of nearly $780 million in the last 30 days alone, with more than 1.4 million individual transactions."
AXS has a great future as a spot HODL and for futures long.
Not financial advice - DYOR
On a side note, check out IOTX - research the project and people involved. It's on Binance (if you don't have an account, use this referral accounts.binance.com )
So far, I have bought 80,000 coins and plan on getting more. I am 400% up and expect 10005 by September sometime.
Infinity
GBPAUD towards the Ultimate ResistanceI'm buying GBPAUD towards the Ultimate Resistance
TP1 33 pips at Strong Resistance R6 at 1.86157
TP2 90 pips at Ultimate Resistance R8 at 1.86768
on M15 the current R8 is 1.86157 therefore I expect the 33 pips TP1 to hit in a few hours, the TP2 can take a few days.
Axie infinity to infinity and beyond!Axis has been pumping for quite some and is a project I've mentioned quite a few times before (for those that follow me on telegram or twitter), and although I have to say I've been trading this for quite some time... I can tell you there is more upside to it in my opinion. I really doubt the market will stop here with a triple top, while making higher closes on higher timeframes.
NFTs will probably pump again and I doubt that that sector doesn't have more juice left. There aren't that many LARGE NFT tokens out there and most have fairly low market caps. Even AXIE has a relatively small market cap based on the duration and strength of its pump. It was a Binance IEO and it is still below 500M in market cap despite continuously getting more listings and being one of the hottest NFT related coins on Binance. Now Binance building its own NFT marketplace might hurt some of those projects, but the influx of new people is so huge that I doubt other projects won't benefit.
In terms of TA I can see a dip lower in case let's say BTC drops hard again, but after that i still see it going higher. It has shown tremendous strength and the trend is super clean. Long and Strong!