AXSUSDT trade ideas
AXS Swing TradeHey Lads and Ladies,
Here is how I will be trading AXS over the next few weeks, We pulled back to a really nice Dailly Bullish OrderBlock between the 0.618 and 0.786 Fib level.
We also filled in all the unhealthy Imbalance in the PA. So I am accumulating for the next swing high here.
Order 1 filled, I am looking for Order 2 to get filled by Monday before we take off, but they may not happen if the 4h Bullish OrderBlock holds up institutional buys get filled.
Not Financial Advice, DYOR before taking any trades and always use proper risk management when trading.
🔥 is AXS bears are in the trap ? 🤔 🔥Hello traders .
Did you remember my last idea about the AXS ? in that idea I was talked a big move for the AXS , am I still think that the AXS is about to do something explosive or not ?
If you want to read my last idea , you can find it in the related ideas down below this idea 👇
1_pattern :
In the chart above you can see that the price after testing the daily resistance structure started to retracement and currently price is in the falling wedge pattern which is a bullish pattern and when you see this pattern in a bullish trend you like what we have in the above picture you could call that as a flag pattern .
2_EMA Ribbon :
you can see that after price break above the the EMA Ribbon , it started to flipping bullish but after price hitting the the daily resistance , price started to retracement and break below the EMA Ribbon again , but still there is chance to goes above the EMA Ribbon again because the overall trend is still bullish in the daily time frame and AXS price didn't create a lower low .
3_TSI & RSI :
In the RSI we had a bearish divergence in the smaller time frame which is also obvious in the daily chart and this was a sign for the short term trend reversal , so by knowing that , you could take some profit from your long position or maybe open a short position after getting the confirmation of that .
In the TSI you can see that the it started to flip bearish but it still above the zero line so I personally don't consider it as a bearish sign .
4_ price target :
If price decided to break above the falling wedge or in the other word , flag pattern , the technical target of it , is near to the 0.382 Fibonacci level .
This is not a Financial advice and always trade based on your trading strategy ; have nice day my dear friends .
AXS going for another all-time high?Weekly timeframe for AXS shows a hidden bullish divergence, would it go for another all-time high?
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
AXSUSDT is creating a falling wedgethe price is creating a falling wedge on the 0.618 Fibonacci level on the daily timeframe.
the price lost an important support at 61.3 Weekly support.
How to approach?
The price needs to hold the 0.618 Fibonacci level and got liquidity for a reaction from that level. IF the price is going to flip the weekly 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.
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Follow the Shrimp 🦐
#AXSUSDT 1H Chart
Price previously broke through a major supply zone and it is currently bouncing off a major 4h demand zone after taking out the liquidity resting below the equal lows at $64. MACD is not clear, RSI is sold and EMAs are neutral. I expect price to move up from that area and continue with the bullish trend.
Axie (AXSUSDTPERP)in binance futures Buy ? Yes. if...I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If the price touches my entry range, You can Buy.
📌AXSUSDT
Uptrend 📈
Buy trade
Entry: 49 - 59 $
Sl: 38 $
Tp: 70 , 100 , 130 $
Sug Leverage: 5
Risk: 5%
Will the ascension break the flag upHello my friend.
Axs is creating a big rising flag and I am expecting a rise like everyone else. I expect Bitcoin not to upset us and to give altcoins an opportunity to rise. I see a similar RSI formation as when Axs made its previous rise. Buyers are decreasing below the $62 zone, so I think it's early to talk about an upward move. If there is not enough volume, it may want to fall again as it did before. It would be right to wait for the breakout and follow it by taking profits (67-74-81 usd) on each Fibonacci resistance if it goes up. If bitcoin turns up, the $62 zone is a good area to buy, but if bitcoin goes down a bit more, $45 will be a better buy zone this time. Do not forget to follow Bitcoin and use stops.
If you like my idea, don't forget to like it or let me know if you have a different idea. It is not investment advice.
the hidden bullish formation is pointing to the $100 Axie Infinity Token is trading 11% higher today and the price action is forming a Poll and Flag formation on the daily price chart.
The daily price chart of the AXS token is looking above the green area of the Supertrend indicator. However, the coin saw a 150% increase in trading volume last night.
The EMA ribbon indicator is approaching a sit above the 200 EMA line, which was a short term bullish barrier. Thus, Stoch sees RSI below the halfway mark on the other hand simple RSI is going to test the overbought zone, which creates a bit of panic among the buyers.
As long as the Axie Infinity Token price remains above $60, buyers will continue the higher momentum. But still the price is below the 200 EMA line of the EMA ribbon indicator.
Support level - $45 and $35
Resistance level - $90 and $115
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (66.73).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 74.56
TP2= @ 79.67
TP3= @ 84.25
TP4= @ 90.96
TP5= @ 97.94
SL= Break below S2
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