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Axieinfinity

Axie Infinity fundaHi there seven days ago AXS released on Binance cex with 0.1 price and now its 0.35, yup some fellas tripled their money, people who listened to me very closely yesterday AXS released the 13th season update...wait a sec! WTF I'm talkin about? Axie infinity is Pokemon-inspired game and Its run on the Ethereum blockchain and the main token of the game is AXS which listed on binance last week..cool?! for long investment you can buy AXS for 0.3 and sell it at 1 dollar in less than six month and for a short investment you can enter now and exit at 0.5 in a month Axie infinity has great partners like Samsung, Ubisoft, Htc and binance and they doing great job with game industry beside the blockchain stuff! Hit LIKE now to show your support. Adios
by amirsediq
16
Uptober has been good so far! Keep an eye on AXSHere's a quick Look at AXS 15 min chart. As we can see, the price has been forming a bull pennant and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically! The best entry would be, when the price breaks above the bull pennant with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the bull pennant and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 117.5$ 2. 120$ 3. 127$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6
🔥 AXS Bullish Triangle: Break Out Ahead?Over the course of a couple of days, AXS has been slowly crawling up. During this period, a bullish triangle pattern has emerged. It's not certain yet if AXS will break out. Wait for a higher time frame close above $72 to confirm the bullish bias. Main targets are the $80 and $90 resistance areas in the near-term. On the other hand, a bearish move will follow if BTC fails to move up in the coming days. Expect $60 to be the major support, potentially causing a reversal. Happy trading!
Long
by FieryTrading
9
Axie Infinity// Wheres da PAMP?As stated in the video, the next big leg up like the preceding two will require as much or more of an accumulation period than we've previously had. Currently the sequence seems to be to form a pattern just before hitting the Daily 20MA and on the test of the 20MA, we get our leg up. Previous legs up required Aprx. ~1 WEEK, then ~2 WEEKS before their big move. Currently price has only been accumulating for about 14 days, which is less than the previous leg up. Going based on my personal bias, my assumption is that it'll take possibly one more week before price appreciates from our current levels.
by N0ST0PL0SS
1
AXS Forms Pennant Near All Time High, Have Bulls Lost?-AXS is down nearly -10% over the last week -Price has formed a bullish pennant -AXS has been held by 120MA for 2 months Axie Infinity has experienced an amazing amount of growth over the last few months as the NFT market has surged to record highs. The game, Axie Infinity, is an NFT based online video game that uses the Ethereum based cryptocurrency, AXS. This metaverse type game has experienced an immense amount of growth over the last few months as AXS’s NFT collection is the most expensive collection of all time. Even though this use case has huge potential for the future, AXS seems to need a larger correction before it can continue growth. 

Over the past 6 weeks, AXS has been holding a trend line that bulls have defended very well. Just over the past two days, AXS broke below this trend line & seems to have confirmed it as resistance. This is a bearish scenario as long as AXS doesn’t regain this trend line. Ever since AXS broke over $65 a few weeks ago, it has been held as support. Along with AXS holding this as support, price has formed a pennant. This pennant is usually a bullish one, but in this case it seems AXS is more likely to break to the downside of this pennant. 

 If bulls fail to hold the current support of $70.89, price will then break to the downside of its pennant. This will be a bearish scenario & will land AXS at $65 minimum. If bulls fail to provide a bounce there, AXS is in for a large fall to potentially the $50 range. At the time of writing, AXS is flirting with the 120 MA which has held as support for over 2 months. If AXS breaks below this MA, we can then confirm it is in a downtrend. For AXS to go for another high, it must break to the upside of its pennant & hold the major resistance zone of $77.

 While looking at the Stochastic RSI, we can see strength just got rejected within the overbought region & has since started heading down to the 50 value. If strength breaks below the 50 value, AXS will likely break to the downside of its pennant. The MACD has been in a downtrend ever since the pump to $77 back on August 10th. A trend line is shown & this trend must get broken for AXS to have a shot at continuing its bull trend. 

 AXS Intraday Analysis Spot rate: $71.88 Trend: Sideways Volatility: Medium Support: $70.89 Resistance: $77.72
by CoinGape
1