AXSUSDT trade ideas
🔥 Will Axie Infinity Reach New All-Time Highs Ever Again?AXS was the first and largest gaming based crypto. Many followed in AXS's wake (GALA, SAND, etc) but none managed to surpass it.
Plainly said, I think AXS is dying and will never recover from the current bear-market.
Taking a look at the player statistics from activeplayer.io we can clearly see that AXS is losing players for well over a year now.
Apart from players leaving the game, I've got some serious questions on why people would play this game. Is it meant to be a fun pastime (like games are supposed to be), or are the only people who are playing playing it for the money.
You're going to need real players to buy the axies from the "investor-gamers" in the end. If those real players never come, Axie Infinity will never be popular again. Furthermore, there will likely be some other game in the future that will have better prospects than some 3 year old game that no one plays (and no one makes money from).
To make matters worse, check the huge 2 year head & shoulders on the chart.
Do you think AXS will even reach all-time highs again? Is it dead? Share your thoughts below 🙏
#AXSUSDT #LQR #TOBTC #LaqiraProtocol● You could get up to 25% ✌️😉 profit from the April 20 analysis
• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
AXS/USDT caught our eyes hereHey 👋
Let's keep it short here - We are yet in the air with AXS and need to find a support which can also form a nice pattern of "double bottom".
Keeping eye on this one and as soon as we get a confirmation we are good to long!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
#AXSUSDT #LQR #TOBTC #LaqiraProtocol ● Support and resistance are specified in the chart. You can make up to 45% profit from previous levels.
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
AXS ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AXS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AXSUSDT is creating a huge descending channelThe price has recently bounced off the 0.786 Fibonacci level, which is considered to be a potential level of support or resistance.
The statement indicates that the trader is waiting for a breakout from the channel, which could potentially signal a new long position according to Plancton's Rules, a set of guidelines for technical analysis.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
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!
AXS/USDT Potential "Cup & Handle"Hey 👋
Let's take a look at AXS coin. After forming a nice Cup and getting rejected at resistance zone we see a good chance for a pattern to form here - Cup & Handle. We will be waiting for price to slip towards EMAs after what we want to see a nice re-test of that upper resistance and a potential breakout as well!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
AXS: Channel Down BreakoutAxie Infinity (AXS) technical analysis:
Trade setup : Price appears to have broken out of a Channel Down pattern, which could signal a trend reversal with upside to $13.00 (start of Channel). Conservative traders could wait for a confirmation of breakout – if price breaks above 200-day MA. Stop Loss level should be set below the prior swing low of $7.00.
Pattern : Price is trading in a Channel Down patternWith complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10 (previous support), then $15.
AXS | Looks Promising here..!!
#AXS Looks Promising here 🔥
Pretty Solid Consolidation in Descending Channel.
Seems like Bottomed out & Ready to Fly.
In Case of Breakout, Expecting +400% Bullish Rally in the Midterm..(Patience Needed)
It's important to maintain a Disciplined and Patient approach to investing in order to achieve Long term Success.
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