AXSUSDT.P trade ideas
Axie Infinity Unveils NFT Monetization SolutionAxie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise.
This move by Axie Infinity represents a significant shift in the world of NFTs and their potential use cases, demonstrating the versatility and potential of NFTs to serve as digital assets that can be used in various ways, including generating passive income.
The initiative could inspire other companies and platforms to follow suit, leading to a more diverse and prosperous NFT market.
IMF bullish on Axie Infinity as whales amass AXS
A recent report from the International Monetary Fund (IMF) expresses optimism about three cryptocurrencies. The report anticipates positive performance from these projects by December 2023.
Axie Infinity functions as a platform enabling gamers to engage in diverse games and trade NFTs for potential profits. Despite a period of subpar performance in 2023, analysts project a recovery for AXS, surpassing $5 and reaching $7.30 by December.
On Oct. 25, there had also been an increase in development activity, maintaining a level unprecedented throughout the month and contributing to heightened investor confidence. The surge in value reflects the growing interest and engagement of investors in the Axie Infinity ecosystem, aligning with the broader trend of increased attention on NFT-based gaming platforms and their associated cryptocurrencies.
Continuing a trend from the previous day. This uptick in significant transactions has been notable since Oct. 27, coinciding with the asset’s sustained bullish performance.
At the time of writing, Axie Infinity is exchanging hands for $6.34, representing a 6.38% increase in the past 24 hours, according to data from CoinGecko.
AXSUSDT, a possible 300% rallyHello friends,
I hope you all had a wonderful Thanksgiving, and I want to express my gratitude for your support.
My next trade will be on AXSUSDT, and I am expecting the first rally to reach a target of $12-14 from the current market price of $6.35.
I predict that the next rally could go up to $20. My expectations are based on a couple of inverted H&S patterns that I have visualized.
Thank you.
#AXSUSDT (Watchlist) 10-2023AXSUSDT is a cryptocurrency that represents ownership of the AXS token, which is the native token of the Axie Infinity ecosystem. Axie Infinity is a play-to-earn game that allows players to collect, breed, and battle digital creatures called Axies.
Key features:
Play-to-earn: Axie Infinity players can earn AXS tokens by playing the game.
Non-fungible tokens (NFTs): Axies are NFTs, which means that they are unique and cannot be replaced.
Decentralized finance (DeFi): AXS tokens can be used to participate in DeFi applications on the Axie Infinity network.
Market cap: $672,357,101 USD (as of October 26, 2023)
Coin rank: #59 on CoinMarketCap
Coin supply: 141,312,223 AXS
Max supply: 270,000,000 AXS
Recent News:
Axie Infinity integrated with Cartesi to bring smart contracts to decentralized storage.
Axie Infinity announced a $100 million grant program to support decentralized storage development.
Axie Infinity integrated with The Graph to make data more accessible.
Add AXS to your watchlist
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
AXS When no one remember, it will come back and wow everyoneIt seems ppl forgot AXS and its leadership iconic in Gamefi!!!
Well, it will come back to as high as $70!!!
I expect to see $70 in 2-3 months timeframe!
Axs 3d is bullish since. So. Axs is ultra Bullish since it is above the white area
It made
. Shark pattern
. Falling wedge with breakout
. Breakout of a major previous bottom
. Choch of previous top
It may go even much higher in the upcoming bull run next year insha Allah
All the best insha Allah!
AXSUSDT"As we enter the bullish season, the initial target to aim for is
target : 90 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
$AXS looking for next leg NYSE:AXS is stabalizing after being in a downtrend for a long time. On my 3D chart i have the downtrend drawn. Looking at the big liquidity candle of nov 12 you can draw a bottom and based upon off that data it bounces of the levels of 3.99.
Also NYSE:AXS has formed a pretty double bottom after a ugly liquidity wick there. Normally you would see those candles filled up properly.
I would like to see where AXS goes in the next coming weeks because also liquidity is building up and is going to play out somewhere in the near future.
AXS looking strong but close over 6 is a mustBullish AXS broke trendline and now it's facing resistance at Kumo 1D. 3D still has some room to play before eventual retracement but once 6 is becoming support, the next target is in play.
Close over TP1 is a must.
Order block, inducement and RTO As usually, I saw a point of Interest an Order-Block with an inducement, I'm waiting for the return to order and sell down to collect liquidity
$AXS Right angled Broadening bottomLooking at this inflection above 5.76 as the critical level here. We want to see a break thru that level and a checkback to confirm the S/R flip.
In the context of a right angled and descending broadening formation, you would eventually expect a return to the range highs and a consolidation below it which ultimately gives you a partial decline. This is confirmed when price returns to the highs, and greatly favors a breakout there after.
The measured move would bring you into the 786, as high as 89$ but id personally follow the levels and where price correlates too historically. 11, 18, 23, 44, 78, all good levels for partial exits for an active trader.
Im not predicting price will reach any of these levels, but if the operator is indeed in a mark up phase here, these are the levels he will visit on the way up.
#AXSUSDT #LQR #TOBTC #LaqiraProtocolThe price is reversing after breaking the resistance zone of $5 you can open a trade after getting confirmation with your strategy and matching Bitcoin levels in certain limits. This analysis is a personal view and the offer is not buy or sell
AXS VOLUME WHALE INCREASEThank you for reading our update. Please remember that this is not advice for trading.
AXS Looks to have a new uptrend volume
Can have the same effect as TRB shows before.
AXS is known from 27-07-2021 when it was able to gain from this price action to up $160
And still, there is a list of building whales that holding it.
✴️ Axie Infinity Alternation | 1111% Potential Intermediate TermThis is pretty interesting... The intermediate term, we use it to refer to a timeframe of 1-3 months, within 30-90 days even though this is just a projection.
Axie Infinity's potential in this time window is 1,111% according to my calculations which are based on what is happening with hundreds of pairs.
AXSUSDT Technical Analysis
➖ In 2021 we had a simple consolidation phase that was short in duration preceding a major bull market wave.
➖ In 2023 we have been going through a very complex and long consolidation phase that is most certainly leading to the next major bull market wave.
That's the analysis for Axie Infinity.
We can consider other signals, for sure, example:
- The strongest weekly candle just ended since Jan 2023.
- A break and close above EMA10 and EMA21 in one candle.
- Above average volume.
- And a bullish market for sure.
Maybe AXSUSDT won't grow as fast as last time (green bars pattern projection) but the end result is still up.
Regardless of how the wave develops, regardless of how long it takes...
The prediction is quite simple, it is going up , the market takes care of the rest.
Buy and hold is my personal strategy.
Thank you for reading.
Namaste.
$AXS Break of Structure with High VolumeAXS is still in a bullish condition after bottoming last October 19. Currently it is still strong above the EMA 6, 29.
It is estimated that the price of AXS will still be strong to level 5.752. This level is supported by the last Break of Structure and secondary reaction which is still stuck above EMA 6.
#DYOR
AXSUSDT towards $10?From the left side, you can see the weekly demand range, which is indicated by the name of the order block in the picture, and this range has pushed the price up well, and the order block created after that follows the orders Flow, and so on. It is clear that once the price reached it (the range specified by the order flow) we have climbed, but by inducing liquidity and collecting it as a fuel to move upward again, the price of the two indusment that is with the areas of IDM (orange) in The chart has been reviewed and is ready to jump to higher areas. Although it has a Supply range (red color) in front of it, which also follows the flow of descending orders, but due to being exposed to the daily trend line(pink), our view is that it is a smart money trap and a liquidity trap, and according to the The price should move towards higher targets with strong demand and liquidation.
AXS- Buy or sell?Dear my friends,
When the RSI on the daily frame is in the 70 zone, it has never been my entry position.
However, my greed got the best of me when I saw the price closed above the resistance zone yesterday. And when observing RSI on the weekly frame, along with the support area below.
I decided to use the DCA tactic.
If the weekly candle closes below the support zone, the order will be closed and the loss will be accepted.
Profits will come with risks.
Best Regards,
AXSUSDTAccording to the weekly data of Axie Infinity, which has experienced a 97% drop from its historical peak, in the current conditions of the cryptocurrency market, it has an important support of around $4.
So that if this support area is maintained, we can hope to stop the fall and rise of this digital currency up to the $9 channel (100% growth) in the medium term.
AXSUSDT 1D#AXS is facing with MA50 + Descending Channel resistance. If it clear them, the next step is $5.97 which is heavy resistance. You can see the rest of targets on the chart.
AxsusdtHello snipers, on a one-day time frame, we see the price of AXSUSDT close to the upper line of its long-term descending channel. If the price breaks and stabilizes, we can expect the price to rise to the upper resistances. nothing is impossible. Analyzing this is only a possibility and not a buy or sell.
