AXS, trendline BREAKOUT with potential target!Axie Infinity (AXS), the top Game-Fi crypto token, is in a downward trend.
A trend line has formed on the chart and the price is starting to squeeze under it. This, of course, shows the strength of the bulls.
Also, a descending wedge has formed on the chart, which is a bullish pattern.
A possible target for this movement is the key level of $49.50, where a good chance to close your long position.
Friends, press the "like" 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.
AXSUSDT trade ideas
🔥 AXS One Last Pump Before Bear MarketAXS has been one of the best performing tokens of the current cycle. However, investors are quickly getting rid of this token, as you can clearly see on the chart.
Most of you have seen a bubble formation before. This is exactly how it looks like. Unhealthy and unfounded growth, which ends up in a strong dump where most investors lose money on.
As of now, AXS seems to have found some kind of support in the $40-$50 area. Assuming we won't dump much further, I'm expecting one more pump from AXS (and potentially the entire market) before the inevitable bear market. We've seen a similar thing happen with GME for example.
Be aware that we might drop even further, potentially even hitting $25. Wait for the overall market to show signs of recovery before entering a bullish trade.
Happ trading!
AXS TA [LONG TERM]AXS one of the best assets now in the market fired a sell signal in weekly chart as investor this is the moment to start cashing out.
This asset born in the bull market.. I am expecting a significant correction if 125 level breaks.
Targets:
70 usd or lower if EMA 55 breaks in weekly.
AXSUSDT, The market dont have enough power for risesHello everybody
I hope that everyone took our previous signal that we published and told anyone can take short on axs at 100$ and took nice profit.
AXIE (AXS) is one of the most popular project in crypto and in NFT market be consicious on it and watch it ...
According to the chart and our previous serial analysis the price broke the upward channel and now its trading in outside it and according to the key level that we published it in last analysis of AXS we shown on chart the zone that is more important and sensitive for the price and now as you can see the candles has not enough power for the rises and we expect the price can drop and break this support level and after some pullback its ready to dump more to reach to the next support zone area.
Please becareful and do not enter in position without observe your own strategy, and observe your capital management, this is market and everything can be happen.
Be with us and reign
Good Luck
Abtin
Previous analysis :
AXSUSDT 1D TA : In The ChannelIn the daily time frame, the channel is descending, which has reached its important daily support range, and we expect that with the support of the static price, the channel ceiling will be broken upwards and an uptrend will be formed. If the channel is not broken, a more severe downward trend will be formed.
Its not. Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz @AtonicShark
AXS/USDT Ready to move 136% from here as per TA ?#AXS/USDT TA Update:-
$AXS current price is $50.90
As Per chart Small Triangle form In HTF.
Rejected from Triangle resistance and Bouncing from 1D support.
So 1D Support is strong at $47 level.
Already Broke out this parallel channel resistance as per chart.
Targets will be Weekly supply which is $100-$120
Chart Invalidate below Spring.
Spring = $41.60
#AXSUSDT 4H Chart
Price got perfectly rejected from the 4h supply zone at $61 and ranged in a downtrend afterwards. MACD lines crossed and is now bearish, RSI and EMAs are neutral. Price is currently close to testing the 4h demand zone at $51.5 however we shall wait for further confirmation as overall market structure is still bearish for the short term.
GOLD SHORT POSITIONHello dear friends
I marked everything on the chart, I hope you enjoy
******Appropriate entry poin ts for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
Axie Infinity AXSUSDT Strong resistance levels, LONGThis idea is based on a trend line and resistance levels as can be seen with shaded area. The Fib level of 0.5 being about the half of the price drop is our target. Waiting for the price action to confirm the change of the trend, also see RSI as right now this is just about to change
This crypto mission is to bring blockchain technology to the masses- it's a play-to-earn crypto built on the Ethereum (ETH) network, users can earn the Axie Infinity Shard token and the other in-game tokens in Pokemon-inspired universe.
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS /USDT : Recovery expected towards 119.00
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
The Axie Infinity ( AXS ) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism.
Context
AXS /USDT has been listed in the middle of the last year, so the historical data are not really mature for a deep target projection. However Focusing on Daily and 3H basis we can already highlight key technical elements to understand the actual picture
For now the initial raise can be describe in 3 wave up move (Corrective - A/) or 5 wave up move (Impulsive I/) - depend if you switch the scale between lin or log, on my side i would be more confortable with an impulsive move at this stage. So once that it said and as i described on the chart, the following move (down leg) has been done in 3 wave down (A-B-C corresponding to a logic corrective move in wave B/ if we are in ascending range towards 195.00 and more if we are in a impulsive long-term trend - it what we are calling a ''common part'' between to different scenario)
So the configuration is quiet nice because the wave A = Wave C and the market bounced off 50/61,8 retracement which are standard to respect a proportion for this kind of Harmonic / elliot wave pattern, the determinism of the behavior behind the scene is strong a significant rise is clearly more likely.
Tactical view (1 to 3 weeks)
As you can see for now the RSI and the 55/89 EMA didn't provide a bullish pre-signal, only the 21EMA is acting as support, and we have a small ''evening star doji'' capping the recovery. Those elements can call for a last down leg towards the strategic support but for now the construction of the recovery is more impulsive than corrective so those element for now stay weak within the long-term determinism on going.
As long as 49,70 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00
else penetrating 49,70 a test of 35,50 Strategic key support ( Pivot ) will occur before any bullish tentative
Also i recommand to have a look on SLP /USDT which is also a native ERC20 coin connect to Axie ecosystem, - i will soon published something on it
Enjoy !