AXS H4 BULLISH WAVE COUNT SCENARIOThis is a bullish wave recount scenario for AXS (previous count has been invalidated); this analysis is void if price managed to break and closed below the INVALIDATION LINE. Wave C is expected to settle around the 50 - 61.8 Fibonnaci area. Trade at your own risk NFA.
AXSUSDT trade ideas
AXIES DUMP INFINITY PONZI COLLAPSEAxie Infinity is a pyramid scheme collapsing.
That's a Ponzi in the collapse phase. Their Smooth Love Potion token is down 90% and in a screaming dive, and their Axie token is down more than 90% from peak. That one is going to hurt a lot of poor people in the Philippines. Many quit their jobs to play Axie's play-to-earn game. All the money comes from later entrants, so it's a Ponzi by definition.
Stay safe
🔥 AXS Holding: For How Long?AXS is one of the weakest alts of the last couple of months, making new lows while the majority of coins is still above their June lows.
After breaking out of the bear flag , AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9, which is an area of demand from over a year ago.
AXS - AnalysisAXS had a range trend over the past week. The currency's price is hovering in the support zone of $12.5 for the third week, and the short-term descending channel intended for it is still standing. The ceiling of this descending channel in the resistance range of 13-13.5 dollars can still be accompanied by a reaction. For the short term, if the minor resistance in the range of $12.50-$12.65 is broken to the upside, and the 4-hour candles stabilize above this area, we can expect the price to break out of the descending channel.
Otherwise, the further price reduction can continue up to the support range of $11.8. If the ceiling of the descending channel breaks above the specified resistance range, the first target of buyers can be considered in the resistance range of $13.7-14. The second target is the resistance of $15, which can be associated with a negative reaction.
AXSUSDT needs liquidity to create the breakout!The price is in the consolidation phase above the daily support at 12.40$ and the market is trying to have a breakout from the descending channel
How to approach it?
IF the price is going to have a clear breakout from the static resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
AXSUSD LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
RLinda ! AXSUSDT-> Breaking resistance of the descending wedgeAXSUSDT has gone into a downtrend phase since November 2021 and has fallen 93% from its high and currently the price is only 12.5.
On the global chart we see a strong drop that started at $160 and the price is slowing its fall around the $12 zone, we see the coin going into a consolidation phase and moving in a sideways range for 5 months.
On the local chart I have marked key elements such as a "downward wedge" and a limit support zone. The downward wedge is a bullish set up and we can see the price pushing back from the limit support level, breaking through the wedge resistance and forming an upward momentum.
I assume that the growth can continue in the distribution phase after the breakdown of resistance. Short-term target - resistance 15.05, medium-term target - liquidity zone 19.89
Regards R. Linda!
AXS/USDT - SHORT----- 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. --
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⚡️⚡️ AXS/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Regular (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 12.4 - 100.0% (62 USDT)
Take-Profit Orders:
1) 12.15 - 80.0%
2) 11.88 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
🚩🔥 My favourite trading pattern: Axie trendline breakout!📊 Hi friends! AXS moving in a massive falling wedge. Now the price is close to the global trendline. The squeeze to the global trendline confirms us the pressence of buyer. This is a good place to open a long with nice RR.
Every time when the price reach the bottom, the volume bars are growing which mean the pressence of buyers. They want to buy the altcoins lower to sell at higher price.
📊 I see the next preconditions to open a long:
🚩 squeeze to the trendline before the breakout
🚩 DOM and Footprint orders to buy as the support of the price
🚩 BTC push the price of the Axie to the our targets✅
🔥 It would be nice to see the price breakout of the key level of $12. Addtionally the volume should grow and confirm this trap.
✅ The targets:
1. $14-14.5
2. $18-18.5
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AXSUSD SHORTPossible upward movement of the pair. Price is currently in a lower bound trading zone on significant volume , making stops and holding rejections at the bottom of price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think it could go in search of the previous high price zone.
AXSUSDT- SHORThello back guys!
we back again with new ideas
here AXS/usdt I thing we will go short cuz we break channel down
we have
tp1
tp2 as targets
and stop lose is mental in 1R
I don't Use stop lose if price go and touché 3R line I will move Tps In entry price and with from price come back and close with 0 lose
if price go more than 6 month and don't come back to entry price I will close it with lose.
good luck guys
⚡️⚡️ AXS/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 13.33 - 100.0% (156.72 USDT)
Take-Profit Orders:
1) 12.62 - 80.0%
2) 11.91 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)