Axieinfinity
AXS Trade setup 📣Hello dear traders. I hope you are having a wonderful day.
Today I want to share my thoughts on AXS. As you can see price has broken the triangle and is making a pullback.
Buy zone and target are shown on the chart. Also put SL below 120$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on AXS and don`t forget to comment what you think. ✌
AXSBTC Ready for Breakout?With BTC dumping right now I've got my eyes out for the next big breakout. Often times right after BTC dumps and starts recovering one of the alt coins breaks out and first indication of that usually happens when you look at the coin compared to BTC. I'm still waiting to see what happens here but eyes are on AXS right now.
SLP|Wyckoff Theory of Accumulation and DistributionGive your questions or comments
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart www.axieworld.com
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid
AXSUSDt 1DHi everyone
A resistance level of $ 140 is followed
If this resistance passes, we can expect an increase to 145
The steady rise in buying pressure puts the price on the path to $ 155
If the bears continue to control the market, the price will move to the lower limit of the prevailing pattern at $ 122
The next support is $ 120
Although these two support levels could well prevent a downward trend, a significant increase in sales volume may push the price towards 106
Bearish Flag & hidden divergence rsi Axie has held up well against the initiating at least short term bearish chart. However, I think the concept for P2E in short tterm bearish market is not solid enough to outperform the market.... I see many signs that we could see stronger dips in the near term. Be cautious
Bearish Flag & hidden divergence rsi on 1D
This is not an recommendation to buy or sell AXS, don't invest more than you can afford to lose
Is AXS repeating this pattern again? 😱😱AXS is repeating history. A similar pattern is forming on the chart with the one highlighted in the blue area.
And so far the price is very clearly following the trajectory of this move. In case it approaches a key level and squeezes, there could be a breakout and a rise to the marked targets.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Hive going to 1.91$ - 725% up since JulyHive went trough our last projection.
Local support at 1.24$
strong support at 1.01$
target 1.91$
ATH based on steem : around 8$.
We might see a correction to bring new money before we go up to breach the 2$ psychological barrier.
DYOR
Not financial advice.
Good luck and good profits.
GGP
AXS to infinity and beyondAXS has my interest once again. It broke above 2 diagonal resistances and currently at PoC horizontal resistance. Good upside potential from here. Once 4 hour closes above PoC, that would signal entry for long with clear stop loss point below.
PT's listed on the chart.
DYOR and GL!
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
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Animoca brands is sponsoring & joining DCentralCon in Miami!
Animoca Brands was recently valued at over one billion USD and is an active investor in dozens of top blockchain projects such as Dapper Labs, the creator of NBA Top Shot, and Sky Mavis, the creator of Axie Infinity.
“Animoca Brands’ investment into Epik is part of an ongoing and powerful synergistic partnership,” said Animoca Brands co-founder and chairman Yat Siu.
Animoca Brands develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1, Marvel, WWE, Power Rangers, MotoGP, and Doraemon. Animoca Brands' portfolio of blockchain investments and partnerships includes Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds
SAND The Sandbox mk cap is $5,4Bil vs EPIK Prime mk cap $74Mil
In order to reach the same mk cap, EPIK needs to make 73X from here.
So EPIK Prime has the potential to go to 45.26usd!
It`s a gem!
AXS / USDT 4H According to this analysis, it looks like AXS / USDT has broken out of this triangle. My guess is that, the price will bounce off the upper line of the triangle and eventually hit one or more of the targets.
Take profit ideas:
TG1 - 137$
TG2 - 142$
TG3 - 148$
TG4 - 155$
TG5 - 162$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Axie Infinity:
"Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. (...) Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. (...) Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace."
Source: Coinmarketcap