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Axieinfinity

AXIE INFINITY long position 🚀Based on the chart, price stick in descending channel ✔️ and has started to gain from channel support and support area ✔️ so we expect more gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain 🚀 and our first target is $95 🚀 if the price breaks the $95 and round number of $100 and stays above these levels, we can expect more gain 🚀 and our next target is $150 🚀🚀 This is not financial advice, always do your own research. Please, feel free to ask your question, write it in the comments below, and I will answer. 🐋
Long
by MadWhale
4
SLP Pump? After Season20 announcedOne of hardest crypto to do Technical Analysis is SLP. Due to millions of token mined everyday due to its games. But yesterday announcement makes this coin pump. Less SLP to be mined, no more rewards in Adventure. axie.substack.com Now based on Technical Analysis and previous TA, the bottom of this is .010 which is reached. There is a valid bullish Divergence. There is a break of structure in Higher High which signifies a Bullish Trend in Smart Money Trading. Lets see how long will it pump and is this a valid retracement going on. Im bullish now on this coin.
Long
by ridenz77
4
Do not Buy the Dip on AXS yet !!No Investment Advice. AXS looked amazing when it was making its minor degree impulse. Wave 3 was massive in relation to wave 1. Wave 3 finished very close to fibb level shown in purple. And a usual wave 4 Triangle structure. Wave 5 spot on fibb level. Usually wave 5 is .618 of wave 1+3 but in this case it finished 1 level lower suggesting upcoming weakness in the trend. Now it has been selling off with the market. But the most worrying thing is that it has managed to make a lower low invalidating possibility of wave 3. If you are holding bags i wish you good luck with that. If i were you i will do a solid fundamental analysis. And if i come to a conclusion that this project has future i will DCA. My next entry will be 20.50 and next level 5. Based on fibb level as shown below-
COINBASE:AXSUSD
by UnknownUnicorn10209036
6
AXIE INFINITY time to gain 🚀Based on the chart, price stick in descending channel ✔️ but now become close to channel support and support area ✔️ so we expect gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain and our first target is $95 🚀 if the price breaks the $95 and round number of $100 and stays above these levels we can expect more gain and our next target is $150 🚀🚀 This is not financial advice, always do your own research. Please, feel free to ask your question, write it in the comments below, and I will answer. 🐋
Long
by MadWhale
21
Should you buy Axie Infinity or wait?Hello All. Looking at AXSUSD on the daily timeframe, we see that the price of axie infinity is trading inside a descending wedge/falling channel. This is a bearish pattern and is currently testing the resistance of the channel at $46. It is important for AXSUSD to find support at this level or it can fall to the next support level which is at $37. On the daily chart we are also forming a death cross, (50 Ema crossing below 200 Ema) which can push AXSUSD price as low as $20-$14. This is a 70% price drop. Top of the channel line sits around $70, and if the price reaches this level, this will be a 50% profit from the current price. This is possible with enough value coming in and since the stochastic rsi is in the oversold territory. Although, it is less likely that AXSUSD will have a crash to $20-$14, everything is possible if BTCUSD and ETHUSD continue to drop further. (Check out my recent BTCUSD and ETHUSD chart for more information and levels of resistances to keep an eye for). Thanks for reading, and stay tuned. Enjoy.
BINANCE:AXSUSD
by EdgarTigranyan
2
AXS - Weekly Outlook ✅Let's see how AXS is behaving. This is a Weekly chart. The Fib retracement shows that the price dumped on the support level. The support level might be around the $35-$60 area if the price falls even more. The market is showing massive STRONG SELL volumes for AXS. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Middle Bollinger Band can push down the value, and the Lower band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $64 Let me know your ideas. Good luck.
by ShawnMCR
1
AXS - Daily Chart ✅Let's see how AXS is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level. The market is showing massive BUY volumes for AXS. Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance. The Upper Bollinger Band can push down the value, and the Middle band pushes the price up. If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point. The RSI shows that AXS is above the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $75.15 Let me know your ideas. Good luck.
by ShawnMCR
4
AXSUSDT, The price is reaching to bottom of channelHello everybody Surely you have heard about AXS (AXIE), is one the most popular game in blockchain and its working of NFT and Metaverse and this platform wanna ... If you wanna learn fundamental & technical analysis you can send us messages in private ---> Our id is in profile According to the chart, we expect the price should drop more to reach to the bottom of the channel and according to the price that at the beginning was started moved in upward channel at this time we expect the price that be supporting at this bottom and should move upwards but in this scenario that is ready to start new rally or its only move upwards for correction and emotional its very soon to say and predict. At first we take profit of this movement then the market move and show us other waves we can decide about this. Dont forget if you be in position use stop loss and take trigger then entrance it. If you have any question send us messages Good Luck Abtin Previous analysis :
Long
by Abtin00
SLP, Some Fundamental Thinking on Axie's FutureSLP being a utility for a Metaverse game is a double edged sword. Being it's mainly a reward function (as of now), I don't believe TA will have much influence here. It will be the fundamentals that will drive direction, determined by the underlying game it's tied to. Bullish Points At any point, Axie could implement new mechanics and functions that bring demand back into SLP. They've already done so in a small way my limiting distribution according to MMR. The upcoming Axie Land update will be something to keep a close eye on as well. Maybe they add an in game shop with NFT's or something. Maybe they allow skill reroll or trait mutations by using SLP to do so. Maybe Axie simply adjusts the cost to breed. There are a couple of economic levers they can pull to adjust SLP demand. Bearish Points Axie keeps SLP functions as is, allowing SLP to continue to mainly act as one piece of an off ramp to get paid for playing. This limited use case will continue to drive sell pressure IMO. I understand its also used for breeding, but it's obvious that the demand from breeding isn't enough to affect price as it currently sits. Axie incorporates another coin to drive game functions off of, further driving SLP stagnation. Axie further stagnates, and people start to deem it no longer worth their time to play. People begin to cash out in an attempt to hold some form of value. In Closing IMO This coin will live or die on Axie's patches, updates and adjustments, not on TA. Keep an eye on big updates like the upcoming Axie Land. It sounds like a lot new functions will be added, and I'm curious how many of these functions will be driven by SLP. Could be an opportunity to get in cheap, or lose another 90+%. It's a real gamble unless you have an ear in on the dev team. Not financial advice, just mad ramblings.
by Jiffydude
6
AXSUSD within its Buy Zone flashing the same signal as JuneAxie Infinity has been on a long-term Fibonacci Channel Up ever since its first trading day in November 2020. As you see, it has two clear pressure zones, a Buy Band (green) and a Sell Band (red). Those have never failed to give clear buy/ sell signals. What has been an even stronger buy signal though than AXSUSD trading within its Buy Zone alone, is that when it also breaks below the 1D MA200 (orange trend-line), it tends to bottom out and start a strong rally to the top of the Channel Up. That's what took place in late June 2021. With the Ichimoku Cloud also flashing a buy signal, AXS is possible to soon start a strong rally first towards $220.00 and then $500.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AXSUSDLong
by TradingShot
4
🔥 AXS Macro Bullish Channel UpdateAround two weeks ago, I made an analysis where I talked about AXS and the macro bullish channel it was trading in. As indicated on my chart above, I was looking at the area where the price touched the channel's support. As of today, we have reached the bottom of the channel, hopefully signaling a bottom. Risk-loving traders might want to make an early entry now. However, I'd advise waiting for a green 3-day candle to signal the bottom. Bitcoin is in a dire state at the moment, so there's enough reason to be cautious. Happy trading!
by FieryTrading
10