SLP/USDT strong potential in parallel of AXS bullish momentumSLP/USDT strong potential in parallel of AXS bullish momentum - NFT Sector
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies
SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens
Context:
Regarding the lake of historical data it for now not possible to present picture with a strong conviction - However the few technical elements and wave proportion can already leaning towards an interesting upside potential in parallel of the success on AXIE
here the view on Axie =>
Tactical view - 1 to 3 weeks
The fact that 3 key elements (EMA upside breakout, RSI 50% upside breakout and first Harmonic on 3H basis upside breakout) are already bullish pre-signal allow us to be confortable with a larger rise at least to test 0,0910 in order to complete the harmonic auto-similar move (action/reaction). The next target above 0,0910 are more to be consider for a strategic horizon once 0,0910 has been surpassed at least in a daily close.
As long as 0,0125 remains a key tactical support valid the market is expecting to accumulate bullish momentum in dip (area possible 0,0215/0,0150) to reach 0,0910
Enjoy
Axieinfinity
Axie Infinity (AXSUSDT) mid tf Range Updated till 24-3-22Axie Infinity (AXSUSDT) midteir timeframe range. this is a fundamentally beast of an alt for its virtual use-case and active development. but i am here to talk about some Technical sides here. its got pretty decent price action cause of volume of course. it got swing setups, intraday setups, there are some scalp setups too but risk is kinda little bit higher than leveraged profit. there are not much of space between its zones its been occupied for the scalps and microtrades.
AXSUSDT 1D TA : Break TredLineBy supporting the price in an important support range, it was able to break the downtrend line. If we re-support and break the next trend line in the chart, we have a chance to climb to the specified goals. Otherwise we will have a reaction on the trend line.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SLP WAVE 3SLP just reached 0.0235 which was my prediction in the bullish term. Using fib levels we we might dip more possibly to 0.0208 and 0.0192. If we bounce from 0.0208, we might reach levels: 0.0235, 0.0252, and lastly 0.0280. I am favorable on SLP bouncing from the current level due to a hidden bullish divergence in the 15M TF.
Axie Infinity Eternal Uptrend vs Correction, Bullish Jump Ahead!Here is one of those Altcoins with an "Eternal uptrend".
We can see the classic 5 wave count from our friend R.N. Elliot, followed by an ABC correction that landed at EMA50 and/or the 0.618 Fib. retracement level for the last bullish wave.
This can signal that a new jump is about to take place.
Zoom in on the correction:
We can see the descending channel being broken.
EMA50 working as support.
The new +1 count on the TD sequential,
A this weekly candles bullish jump.
How do you like it?
Thanks a lot for the continued support.
Namaste.
Axie, can we get a taxi to the moon?!Hi!
Axie's daily chart shows us that a nice
CURVED TRENDLINE pushes down the price everytime.
This time OBV has made a ascending triangle on 4H time frame and its getting ready for a breakout. Will it help axie to breakout its CURVED TRENDLINE and take us to the moon?!
Thanks
**this is not a financial advice and as alway DYOR!
Trading Signal For AXSUSDT Axie InfinityTrading Setup:
There is a Trading Signal to Buy in AXSUSDT Axie Infinity.
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 47.30
⭕️SL @ 44.25
🔵TP1 @ 56.10
🔵TP2 @ 67.70
🔵TP3 @ 90.95
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
SLP 3 day chart still in consolidation boxSMOOTH LOVE POTION (SLP)
updated 03-19-22
3 day chart...its gaining some legs
as well as some nice volume...lets keep
an eye on this Axie Infinity little bother
token.... prices and resistance listed. ITS continuing
to stay and close inside the consolidation purple box.
BULLISH PINBAR, AXIE MAY HIT $60 SOONFundamentals have favoured AXIE lately and it is one of the reasons why AVAX has been trending.
if you look back to 3 days ago, there was a bullish pin-bar and this also points towards some bull run.
With my analysis at the CMP of which I took some buy positions. I feel AXIE may rally to m $60 zone. However, if the push up can break through the $60 which is also where the descending trendline is, it may rally to FIB 23.6 level to hit the $80 target.
NOTE: Please trade with care
YOUR LIKE, FOLLOW, COMMENTS AND CRITIQUE WILL BE APPRECIATED.
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.
$AXS - To Reach it's Bullish Order Blocks Early in the Week. SMT*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
It Appears AXS is heading towards the Order Blocks it formed on 2/23. We should See the price get down to these levels (Entrance 1 45,58 and Entrance 2 (if gets there) 43.30, this should possibly have some consolidation to trick retail traders into selling off when it should then take everyone by surprise and rise to new higher levels which I belive will be in the 162% Extension of the original wave which is also neathe bearish Order Block of nearly $60.
I see it as this
Breaking through both sell side liquidity points as it created a "Support Area" Which is an area that people will chase up until it turns around and goes agaoins those retail traders. Then we should see it finally move in the direction thast it should, hopfully gettting no lower than it already has in CoinBase.
BINANCE:AXSUSD
FTX:AXSUSD
KRAKEN:AXSUSD
BITFINEX:AXSUSD
GEMINI:AXSUSD
BITSTAMP:AXSUSD
OKCOIN:AXSUSD
KUCOIN:AXSUSDT
COINEX:AXSUSDT
OKEX:AXSUSDT
HUOBI:AXSUSDT
PHEMEX:AXSUSDT
AXSUSDT, The market dont have enough power for risesHello everybody
I hope that everyone took our previous signal that we published and told anyone can take short on axs at 100$ 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
Hive Short 10% ?Looking at Hive chart we can see we have a little push upward. If Bitcoin cant go trough the resistance we might see altcoin go down with it.
Hive resistance 1.006 USD
Support 0.89$
wait for long. We could go as low as 0.54 USD
Thanks for reading.
Good luck and good profits.
George
Not Financial advice. DYOR.
SLP, another bullish pattern and signalsas expected, SLP did not break and dump to 0.017$ and move similar now to other coins.
We have a bullish divergence
MACD shows a crossover below and change to bullish from red histogram
FALLING Wedge and breakout in the resistance area
Please DYOR and use this as a guide only
Axie Infinity (AXS) - February 23Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AXSUSDT 1W Chart)
First resistance section: around 70.38
Second resistance section: 92.72-103.90
Support section: 36.87-48.04
It is important to keep the price above the 53.50 point in order to completely break out of the downtrend line.
If it goes down, you should check to see if you find support in the support zone.
(1D chart)
In the movement between February 25th - March 13th, it is necessary to check which point in the section 36.87-48.04 deviates.
If it falls below the 36.87 point, there is a possibility that it will fall near the 14.14 point, so a Stop Loss is required to preserve profit and loss.
A move above the 48.04 point is expected to lead to a move to move above the 70.38 point.
However, careful trading is required as it is expected to swing up and down to cross the M-Signal line of the 60SMA and 1W charts.
This movement is expected to occur near the 59.03 point.
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(AXSBTC 1W chart)
Resistance range: 0.001906-0.002143
Support period: 0.000723-0.000960
It is important to rise above the 0.001433 point.
In particular, it should break out of the downtrend line.
Otherwise, it is expected to consolidate in the 0.000960-0.001433 section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Possible long on AxieWe will likely see the volatility spike on $AXS as it is bouncing off the long-term support level and the major descending trendline is pretty close to the price right now. In case of the breakout through the trendline - bullish movement in expected to continue and reach the resistance level at 112$
Gartley Pattern is now completed for SLP. BULLISH TREND?My technical analysis with Harmonic pattern in SLP is now completed. TP hit for short position.
Time for LONG and possible bullish trend of SLP again.
Target is point C of the Gartley pattern which is 0.034
Please DYOR and do ur own technical analysis . This is only a guide.