AXSUSDT trade ideas
AXSUSDT ready for the breakout?The price tested the 1.272 Fibonacci Extension on the daily support (16.6$)
In that area the price got liquidity and retested for a new local bullish impulse.
On the 4h timeframe the price tested the 0.886 Fibonacci level below the 4h resistance.
How to approach it?
The price needs to create a new breakout from that area and retest the current resistance as new support, 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.
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Follow the Shrimp 🦐
AXS - Buying signalBINANCE:AXSUSDT
1 Hour chart
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AXS is accumulating volume and squeezing candles for a while.
It is getting resistance from downtrend, and approaching to the downtrend again.
If 1H candle can take out the downtrend, it'll be good timing to open long and have nice risk/reward ratio here.
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Targets:
1) 20.63-----blue horizontal ray.
2) 21.19-----Fib 1
3) 21.66~21.85-----Fib 1.272~1.382
Stop loss:
1) 19.76-----red horizontal ray
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Axie Infinity Will Shock The World in 2067Okay so almost no one on this platform is going to get the joke here, but basically Jihoz said that Axie Infinity would shock the world in 2022 once again. What he didn't say was that the shock would be his teams total incompetence in allowing over 600 million dollars to be stolen from their network, and allowing their entire ponzi scheme to fall apart at the seams.
Short the ponzi!
Thanks for playing.
AXSUSDT - Bouncing From Strong Support | +25% Move ExpectedAXSUSDT - Bouncing From Strong Support | +25% Move Expected
AXSUSDT is now trading on its very strong support zone 17.62 and has created a Morning Start Pattern.
We can open a long position now;
Entry: 18.42 - 18.65
TP1: 19.50
TP2: 20.57
TP3: 21.84
Final Target: 23.56
Low Risk: 17.56 | 4.67%
High Risk: 16.20 | 12.5%
Expected ROI: 25% - 27%
NOTE: Do your own analysis. Take a low risk. Do proper risk and money management. Respect your stop loss.
🔥 AXS Losing ~99% From The Top: Long-Term Trade PotentialA month ago I made an analysis on AXS. In this analysis I argued that AXS was likely going to see more bearish price action. And indeed, since my last AXS analysis this token has lost around 2/3rd of its value, bring it well below my bearish targets.
At this point it's becoming clear that there's no hope for the bulls anymore this cycle. Best that the bulls can do it let AXS dump and wait for a better entry.
As far as I'm concerned, I'm looking at the $8 to $2 for a potential long-term entry. Wouldn't even be surprised if we go below $2 in the coming months.
Patience is key.
AXS/USDT shows us some signsHey Colleagues,
Today we came across AXS /USDT. From 4th April we have seen a bearish market for the AXS /USDT. We tend to hold this coin until we reach $45 but if Daily should close below $14.8 then we suggest you to close this position.
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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.