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AXSUSDT trade ideas

AXS has recorded extreme fluctuations!During the last week, AXS has recorded extreme fluctuations, so these fluctuations are unprecedented in the history of digital currencies and unprecedented in the history of transactions of this currency. Its high intensity can be seen even in time frames of less than 5 minutes. In the first place, due to the strong increase in demand, the price of this currency registered a stunning growth from the range of 6.5 dollars and reached 18 dollars. But later on, due to very heavy selling pressure, we saw the price return to the starting range of the upward movement. Due to the downward trend of the overall market and more selling pressure that occurred on this currency, the price decreased to the range of $4 for a few minutes. But then the price of this currency returned to the range of 7 dollars. In the rest of the week, the fluctuations between the support of 6.5 and the resistance of 7 dollars have continued. Therefore, the reason for the formation of one of the daily candles with very long shadows on both sides is these extreme fluctuations. But in the last daily candle, selling pressure is seen again, and the price returns to the low support. The first support for AXS is in the $6.80-$6.90 range. The second support will be in the $6.5-$6.40 range if this level is broken. But if the second support breaks, increased selling pressure could push the price to a new bottom in 2022, which could be considered the $5.30 area.
by MonoCoinSignal
6
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart. In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14 The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform. Moreover, the trading balance of one of the users was in the region of $1 million. CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help. Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher. Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year. Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue. It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60. We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10. The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22
AXSUSDT Elliott Waves Analysis (Global Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. we have a formed downward impulse, in the medium term we are expected to grow, after which we will have another decline in the ~5$ 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.
Long
by trytofeelpositive
9
AXS Long-Term AnalysisFrom the point of Elliott wave analysis, We can clearly see a downward trend from ATH, Which can have a final target in Wave Z in the specified Fibonacci Range. Considering that the analysis is from a long-term point of view, as a result, the Fibonacci range is enlarged, but an experienced trader should look for reversal patterns to enter the trade by checking the price movement when reaching the Fibonacci area or near it. Also If You can Manage your Risk, you can easily take short on this Time while reaching the Fibonacci Zone, and also it can Be a Great Short Position with +100% Profit with a moderate Leverage. In the future, we will update this analysis as the price moves further. Keep calm and follow the trend with me
Short
by SasanSeifi
AXS Axie Infinity The Full Speculative Bubble and Price TargetAs you can see in the chart, AXS Axie Infinity made 1375X and went from $0.12 to $165 in only one year. Now it is trading at $15.08, still high in my opinion! AXS is an Ethereum based token. Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. In this context, my price target for AXS Axie Infinity is $4.29, still 36X higher from 2 years ago. Looking forward to read your opinion about it.
Short
by TopgOptions
41
#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.
by Cryptbergofficial
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)
Long
by Mahdicryptodotma-pro
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.
Long
by Goldenbreakout
#AXSUSDT (Watchlist) 11/22#AXSUSDT maybe worth it to add this coin to your Watchlist. 👀 (Share it with your friends) Remember Alts totally rekt during the bearish cycle and they always do -92 -95 -99% so make sure to follow risk management. #DYOR Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R) add to the watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!! Ps: we avoid trading any coin if the entire project is based on gambling, prostitution, human trafficking, borrowing, lending, etc. This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management. Whatever Don't forget that." Be bullish or bearish as you want, But be sure you cannot impose your opinion or force it to happen. so be ready for everything" We are responsible for what we write, not for what you understand, so take care and read it carefully to understand it clearly. The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading toward before engaging in it. The information we mentioned here is a personal effort so it subject to success or failure. Good luck to All. 🙏we ask Allah reconcile and repay🙏
by HamadaMark
8