AXSUSDT trade ideas
AXS/USDT Update 📈📉HEY, what's going on traders?!
In the last analysis that I posted for Axie infinity on Mar 31th, I exactly told you guys, that a possible massive drop more likely happen after hack news , and what happened next ?! . (about 84%💰 (1x) short).
So today as you can see on the weekly timeframe for Axeusdt , it is already trading under pivot zone and VWAP line , and I personally cannot see any possible uptrend right now , which it means ,it can fall again on the lower support zone , and if it loses that zone so it can drop more on the lower zone , about 50% of Fibonacci level, but anyway if it be able to overcome the pivot zone so if can see the higher red zone as a resistance zone .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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AXS continued its downward move over the past week Hello to all members of TradingView and my followers.
AXS continued its downward move over the past week after reacting to the $18 resistance area and is again moving towards its support. Support in the $12 range has been well-reacted in the past.
Therefore, if the buyers are waiting for the test of this support level, we can again expect upward movement and price growth to happen in the coming days. The current support is also in the range of $13-13.5, and if this level is maintained, there is a potential for the price to exit the bearish corner pattern and move towards the $28 resistance. Therefore, it should be seen whether an upward movement can be formed in the market this week.
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AXSUSD SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed
📈AXS: +50% after the last prediction! What is next?AXS made +50% in a 6 days. Congrats to traders who follow the scenario from previous idea about this alt!
📊After reaching and breakout the first target price return below the key level and start to squeeze there. Now we have expect the breakout of the trendline and if BTC start to grow the price easilly reach our second target. It`s the value area of $19.5-22.4.
The value area will become the huge resistance for 1-2 weeks when the price reach the target. A lot of traders who bought AXS in this area will sell the tockens at the break even and price will make some pullbacks.
✅As i mention in previous idea Bloomberg said that the AXIE almost the SCAM and don`t pay for the players. It was bullish signal because a lot of AXIE hodlers sold their tokens to someone who more patient (big players) on this news. And after this the price made +50% after the breakout which is also mentioned in previous idea.
It`s not something difficult, you just need to understand the traders psychology to be more succesfull. Everyone can get it with the experience.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AXS overbuying, SELL now, take profit!💎#AXS
▪️The RSI indicator is overbought, which signals an imminent correction. The coin has grown well over the past 24 hours, now it's time to go for a correction!
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Axie Infinity (AXS); We're going down, a short opportunityHello Traders! CTDave here again with another daily price analysis chart.
Today I will be analyzing Axie Infinity (AXS).
If we look at the 2-hour chart, we will see a head-and-shoulders pattern forming. The head and shoulders give us an opportunity to go short. I am planning on entering a short if the close is below the confirmation point. The SL is just above the right shoulder. If this trade turns out, it will be very profitable. Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
AXS AnalysisThis is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
This chart is likely to help you in making better trade decisions.
I am not a market maker I could be wrong.
Everything depends on the BTC movement
Everything is on the chart.
Thank you