Axie Infinity To $48We have the classic rounding bottom pattern.
We have a strong reversal hammer candle 14-July.
Short-term target set at $20.
Still short-term we will see $25.
Then it can take a bit longer but still pretty fast $34....
We can say that $48 as resistance can be strong.
More details on the chart.
Namaste.
AXSUSDT trade ideas
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Let's disassemble the AXS coin
the price rebounded from the initial resistance, I expect in the future that the asset will test $15.73 in the Fibonacci zone.
Axie InfinityBINANCE:AXSUSDT
This pump might finally breakout Axie out of this former Daily Support.
It's normal to expect a slight retracement right now, maybe to that green 4H Support.
The 4H Support or the bottom of the green parallel channel is where I'll try to open position. So around 16.10-ish .
If my thesis holds, I'll aim for these targets:
Target 1: 21.1
Target 2: 25.4
Change in volume is another interesting factor to keep an eye on.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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AXSUSDT | BREAKOUT SETUPAXSUSDT has been trading in a triangle. The price action has converged with in a triangle. Now the price action is near the falling resistance . While continuously taking support from rising trendline.
We are expecting a bullish trend continuation after breakout from triangle. While bears will be only active if price get rejection from falling trend line and break below the rising trendline.
Trade your levels accordingly.
#AXSUSDT 4H Chart
Price has tapped into the major 6h supply zone and got heavily rejected from there leaving another major 4h supply zone around $16.5. MACD is now showing bearish weakness, RSI is sold and EMAs are not clear. I expect to see a small pullback towards this 4h supply where we would be looking to short from.
📈Axie Infinity #AXS $AXS (July-16)AXS just broke out of the downtrend and $13-14 is a reliable support for us to accumulate AXS. In the next few days AXS can approach the $18 zone to test this zone and if successful it will continue to move towards the $24 zone. The selling force at $24 will be very strong so we can consider taking profit and wait to buy it back at a lower price.
However, we should still prepare for the possible bad case that if AXS loses the $13 zone, we will consider buying it back at $10, which is the price zone conquered in July of last year, there was definitely a strong buying force here