Long-TermAlgo currently sitting at 96% discount from ATH
Altcoin season is coming soon
When BTC moves Altcoins follow
AXSUSDT trade ideas
Axie Infinity (AXSUSD): Eyeing a Key BreakoutOn the 12-hour chart for AXS, we've completed Wave 2 at the $5.82 level. Since then, we've been in a continuous upward phase, forming higher lows three times and now a higher high. This pattern suggests continued upward movement.
There are two key areas to watch: the 12-hour supply zone starting at $10.31 and the 12-hour demand zone at $7.50, which aligns with the current trendline. We expect the trend to continue upwards, particularly if the price touches the demand zone at $7.50, providing a potential entry point. Our target on the upside is the supply zone at $10.31. Whether the price moves beyond this level is uncertain and will require monitoring. The low volume between these zones suggests that the price could rise rapidly once it starts moving.
Analyzing the monthly VWAP for AXS, we see that the December VWAP provided resistance at a high of $8.70. The price tagged this level perfectly before falling back down. We believed the price might dip further to similar levels and he did. The demand zone started at $7.50 and extends down to $7.25. For us, the absolute maximum level to watch is the December VAL at $7.23, where we expect to find support. However, it's possible that the price could dip slightly lower to clear the liquidity from the last dip in early June.
Once this liquidity is taken out, we anticipate a potential push higher, aiming to break above the December VWAP. This setup provides a clear structure for potential entry points and targets based on current resistance and support levels. In summary, we are looking for an entry around the $7.50 demand zone, with an initial target at the $10.31 supply zone. Further movement will depend on market conditions and volume dynamics at that time.
AXSIt seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
At the moment, we do not have a signal for a bearish trend on the price chart. On the other hand, a relatively attractive candlestick pattern tangential to the upward trend line has been formed for us.
What do you think?
AXS gold signal#AXS is currently moving in a bullish Channel , which serves as strong support. price gradually approaching a key resistance level around the $8.50 - $8.16 mark.
It seems that according to the maintenance of the bullish Channel. if the resistance range of $8.5 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
A successful break above resistance level could lead to a continuation of the upward trend, while failure to break through may result in a price correction. Careful monitoring of the price behavior around this resistance level is crucial for making informed trading decisions.
At the moment, we do not have a signal for a bearish trend on the price chart.
AXS PriceThe price action highlights a triple bottom formation, followed by a recovery from the bottom mark of $6.
Going forward, the token is on the verge of a range breakout and might skyrocket above the $9 mark .
AXS/USDT assessing key supply area? What next💎 Paradisers, #AXSUSDT is currently displaying movements that merit close observation. It seems the price is testing a supply zone with potential for an upward breakout once it successfully breaches this level.
💎 A bullish confirmation would be signaled if #AXS manages to break and close above the supply level of $8.582 on a daily chart, indicating a continuation of upward momentum towards our targeted resistance area. Conversely, if #AXS fails to surpass the $8.582 resistance and shows a strong rejection, marked by a bearish candle, there might be a potential retracement to lower levels. In such cases, the price could retreat to the demand area at $7.536.
💎 Should #AXS reach this key demand area, it will need to rebound and continue its ascent to challenge the resistance once again. Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards.
💎 It’s crucial to stay vigilant and closely monitor #AXS's price action. A breakdown below the demand area, confirmed by a daily close below it, would negate the bullish outlook and potentially lead to extended declines.
MyCryptoParadise
iFeel the success🌴
#AXS/USDT#AXS
The price is moving within a 1-day ascending channel pattern, which is a retracement pattern
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 7.40
The first goal is 9.57
The second goal is 10.70
Third goal 12.00
Critical $8.5 ResistanceAXS is currently moving along its upward trend line, which serves as strong support. It is gradually approaching a key resistance level around the $8.5 mark. Traders should pay close attention to the price action as it nears this resistance. A successful break above this level could lead to a continuation of the upward trend, while failure to break through may result in a price correction. Careful monitoring of the price behavior around this resistance level is crucial for making informed trading decisions.
Alikze »» AXS | Pullback to the roof of Minor is brokenIn the 4H time, after a zigzag correction to the $6 range, it has been within a trading channel for some time.
💎 In time 1D, an FVG gap is observed. Therefore, if this return to the minor ceiling is supported by the green box, it can have a growth to fill this gap in the first step.
💎 In addition, in the case of strong momentum, this growth can be extended to the supply area.
💎 Alternative scenario: Considering that it is currently at the top of the channel, if it is not stabilized at the top of the green box, it can continue the correction to the middle of the channel and then to the bottom of the channel in the green box area.
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AXSUSDT - 4H Bullish signsThe AXSUSDT 4-hour chart indicates a significant bullish breakout from a descending triangle pattern, typically a continuation pattern but here suggesting a reversal.
The price has breached the upper trendline of the triangle, signaling a potential upward movement.
The target for this breakout is set at approximately $9.40, as depicted by the green highlighted zone.
This target aligns with previous resistance levels observed in early April. The overall bullish momentum is supported by increasing volume, indicating strong buying interest.
AXS and Many alt are in the configurationHello there.
Big picture here. H&S Shoulder inverted.
We have many like it. Depend only of btc of course.
Don't hesitate to put order for new buy now or on the blue support.
x2 on here for target.
AXSUSDT.1DUpon reviewing the daily chart of AXS/USDT, several significant points and technical indicators can be highlighted for a comprehensive analysis.
Key Resistance and Support Levels:
Resistance 1 (R1): $8.453 - This is the first significant barrier where the price may encounter selling pressure.
Resistance 2 (R2): $9.783 - A higher level of resistance, which could serve as a mid-term target if bullish momentum continues.
Resistance 3 (R3): $11.959 - This marks a notable high and a critical level for any substantial bullish trend.
Support 1 (S1): $6.096 - The most immediate support, which could provide a bounce-back point if the price dips.
Technical Indicators:
Relative Strength Index (RSI): At 39.91, the RSI is currently below the midline of 50, suggesting bearish momentum but also potential for a price reversal if it moves towards and above 50.
Moving Average Convergence Divergence (MACD): The MACD line is very close to the signal line but below it, with a histogram slightly below zero, indicating mild bearish momentum. A crossover above the signal line could signal a shift towards bullish behavior.
Trend Analysis:
The price action shows a downtrend, recently stabilizing around the S1 level. This stabilization might suggest the potential for a reversal if supported by increased buying pressure.
Candlestick Patterns:
Recent candlesticks around the S1 level do not indicate a strong reversal yet. The presence of smaller bodies with short wicks suggests consolidation rather than a decisive movement.
Conclusion:
The current market condition of AXS/USDT presents a cautious outlook. With the RSI under 50 and the MACD showing slight bearish momentum, it's important for potential buyers to look for signs of a reversal, such as a bullish candlestick pattern or a MACD crossover above the signal line. A break above R1 at $8.453 could confirm a bullish trend, targeting subsequent resistance levels. However, traders should set stop losses below S1 to mitigate potential losses if the downtrend resumes. Keeping an eye on volume and market sentiment will be crucial to validate any potential bullish entries.
AXS: Channel Down PatternTrade setup : Trends are mixed. Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $7.0, then $5.5. The nearest Resistance Zone is $9.0 (previous support), then $11.0 - $12.0 and $14.0.
AXSUSDT 1D#AXS is moving in inside a descending channel and has broken the MA200 to the upside on the daily chart which is a bullish sign. Targets are:
$8.752
$9.571
$10.390
$11.556
$13.042
AXSUSD 1WAXS ~ 1W 📈
#AXS Pattern H&S Formed here. this is the Bull Pattern. We will be buying in stages here with small trades, with a minimum target of 15%+
$AXS - Forming a huge inverse head & shoulders in weekly chart?NYSE:AXS looks incredible good if this inverse head & shoulders fromation plays out. The price is currently on a -95% retracement from it's ATH, talking about barghain this could be once serious opportunity to buy cheap and make profits. If crypto bullrun continues, we could be ahead of a massive move incoming, target is 140 usd or the sky, if CRYPTOCAP:BTC manages to keep going above 80k.
Everything below 4 usd is demand zone for NYSE:AXS , keep accumulating, and hold hold hold!!!
AXS: Approaching SupportTrade setup : Trends are mixed. Price had a bearish breakout from a Descending Triangle pattern.
Swing Traders: could enter near $7.00 support and 200-day moving average, which should be a robust support zone, with +25% upside potential back to $9.00. Price is also getting oversold (RSI ~ 30), which means that we could see a brief bounce up near-term. Stop Loss (SL) level at $6.00.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $7.0, then $5.5. The nearest Resistance Zone is $9.0 (previous support), then $11.0 - $12.0 and $14.0.
AXSUSD 1WAXS ~ 1W
#AXS Make purchases in stages from here with a minimum target of 20%++. Retesting of this support was successful.
AXS BULLISH STRUTURE IN 4H TIMEFRAMEAXS is breaking out in 4h timeframe,20 - 30% growth is expected. Targets and SL are given in alongside chart.
AXS USDTAXS Risky trade. remember always use stop-loss
Entry 9.743
S.L 9.3434
T.P 1 10.089
T.P 2 10.483
T.P 3 10776
AXS Analysis: Symmetrical Triangle Breakout and Market IndicatorThis analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios.
📉🔺Parabolic Move and Symmetrical Triangle:
AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern.
This pattern indicates a period of consolidation and uncertainty before a potential breakout.
🔽Breakout Scenarios:
A breakout from the triangle could lead to two main scenarios:
1. Upward Breakout: A breakout above the triangle's upper resistance could signal a continuation of the upward trend.
2. Downward Breakout: A breakout below the triangle's lower support could indicate a bearish reversal and a downward movement.
📊🔺Market Indicators and Considerations:
The direction of Bitcoin dominance and the Total Crypto Market Cap (TMC) index can influence AXS's price action.
In the 4-hour timeframe, the 50 EMA is acting as a support level, potentially affecting price movement.
⛔Additional Considerations:
False breakouts are possible, and traders should exercise caution and rely on confirmation indicators.
Analyzing other technical indicators and market sentiment can help refine trade entry and exit strategies.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
