SLP Accumulation Phase?Right now we may be seeing a #Wyckoff #Accumulation Schematic on SLPUSD
Smooth Love Potion ERC-20 Contract: 0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25
Smooth Love Potion *SLPUSD* is an ingame token earned by playing Axie Infinity.
AXSUSD has created a new all time high and there are over 2.7m axies in existence now!
Considering how you need a team of 3 axies this would allow 900,000~ unique players to own 1 team of axies
Some Stats
As of this publishing
AXSUSD ERC-20 Contract: 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b
AXSUSD Market Cap: $2,311,888,586
24 Hr Trading Volume of Axie Shards: $6,613,496,185
SLP In Circulation: 541,173,609
SLP Market Cap: $165,549,901
SLP 24 hr volume: $268,186,618
ATH of AXS: $45.28
ATH of SLP $0.399727
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Axieinfinity
🆓Axie Infinity (AXS) July-23 #AXS $AXSThe buying volume of AXS is decreasing quite strongly at the area of $ 29 and this shows that there are not many people who want to buy AXS at this price range. If there is no buying here to help AXS break out of this $29 zone, it will fall sharply to the $18 zone in early August. However, as long as AXS conquers the $29 zone, it will also need some time. time before a sharp rise to the $45 zone in the second half of August
📈BUY
🔴Buy : 17.6-18.4$ if A. SL if B
📉SELL
🔴Sell : 28.3-29.7$ if B. SL if A
♻️BACK-UP
🔵Sell : 44-46$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
AXIE INFINITY THE NEW ETH? :) I have proof AXS is grwing fast and its gonna be bigger. around $22! $65 i garrantee in sept! But it will reach over $100! i buyed 18424 AXS when it cost around $3 so its 204% profitt and groving! For more only 20 bucks for life.
This one is for free and paypal accounts needs! :)
[AXSUSDT] Time to short againHi all,
I think it's time to short this again. Too many people still bullish on this one...
If we break this ascending channel we might quickly drop to $17-18 (green rectangle area) and maybe even lower.
Watchout for BTC movement aswell.
Not a financial advice, DYOR :))
Good luck all!
$AXS/USDT 12h (Binance Futures) Rising wedge near resistanceAxie Infinity is hyped as hell and went parabolic leading the Non Fungible Token (NFT) market.
But it seems to be forming a bearish pattern approaching its end, that could send it to a 20EMA retest!
But this is not necessarily topped yet and a last leg-up is likely to short squeeze first, better wait for entries.
Current Price= 26.510
Sell Entry = 29.552 - 31.888
Take Profit= 22.833 | 18.580 | 13.316
Stop Loss= 37.054
Risk/Reward= 1:1.25 | 1:1.92 | 1:2.75
Expected Profit= +25.67% | +39.52% | +56.65%
Possible Loss= -20.52%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
AT Cryptoscan: SLPUSDTSLP, the famed token for the increasingly popular Axie Infinity game.
It dipped hard last week and again last weekend. And it appears to be regaining strength adn price momentum ahead of the main tokens. Best part is that it also held the support in the daily chart, with a bullish supportive looking candlestick.
As we say in Singapore, this one got chance.
I took a bite at chance (white arrow) given the technical analysis on my board of indicators. Gotta have faith in the systems you built!
And so far, it is trending upwards. Would like to see if it holds support on the 55EMA (orange line) and relaunch from there in the days to come...
Do your own DD on this if you are keen, there is much talk about it!
Axie Infinity (AXS) - July 21Hello?
Welcome, traders.
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Have a good day.
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(AXSUSD 1W Chart)
If the price holds above the 8.08376676 point, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support by moving up to the 16.14209436-18.10323253 section.
If it continues to fall, it may touch near the 12.21981780 point, so trade cautiously.
The 6.33640308-8.29754124 section is strong support, but we need to see support near the 12.21981780 point and see if we can move higher.
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(AXSBTC 1W Chart)
You can't really tell anything from this chart.
However, if it falls from the 50355 Satoshi point, there is a possibility that it will fall to the 23101 Satoshi point.
(1D chart)
It remains to be seen if the 50606 Satoshi-56766 Satoshi section can support and rise.
If it falls from the 506060 Satoshi point, it may touch near the 38288 Satoshi point, so you need to trade with caution.
If the price is maintained above the 25969 satoshi-31837 satoshi range, it is expected that the upward trend will continue.
However, the support section is very weak due to a sudden rise, so you should also think about preparing for it.
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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 it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
AXS in a downtrend - Bears are here! Finally, some bearish sentiment on this coin. After a massive explosion of the “play to earn” nfts, now it is time to short them.
I am expecting low Axie prices in the next few weeks or months which it will allow me to expand my scholarship teams.
Right now, everyone is printing money, but things will turn sour soon for many of the people who recently bought scholarship teams or started breeding heavily. I saw someone on reddit, buying as much as 60 axies in order to farm SLP. Oh well, this guy will be in loss for many months to come.
This is why you need to have a long term plan in place.
Best,
SLP super bearishPlease see chart for more details. I am expecting a further downwards pressure for the next days and weeks. This will help Axies prices normalize. This will be a great time to buy Axies since we are expecting an oversupply of Axies in the marketplace.
Possible price targets are 0.2 usd and 0.15usd per SLP.
Thanks!
AXS/USDT - setup for a long term position accumulationHello, Traders!
AXS moved out of the accumulation zone of $3.10 - $11.30 and started a new business cycle.
The chart shows the strong and sharp trend, which is confirmed by volumes.
At the current moment, the probability of a correction is increasing. Buyers cannot pass the resistance level of $27.39.
One can look for entry points to buy in the range between the Fibonacci correction levels of 0.382 ($19.14) - 0.50 ($16.03) where the buyers' zone of interest is located.
The position can be split into several parts and in case of a continuation of the correction search for another entry in the range of $11.30 - $12.92.
The targets for such purchases will be the price levels of $23.28 and $27.39. A small part can be left as a moon bag.
Stop Loss should be placed depending on the number of funds involved in the transaction, as well as the selected amount of risk.
P.S. This is an educational analysis that shall not be considered financial advice
$AXS - this will fall twice as hard as it rose - get readyI dont know what this is and don't need to look to know its overpriced (rank 71)
Looking for daily bear divs, followed by a break in structure on the H4 and H12 to short
M OB will be my first take profit level, as it has actually printed a monthly order block, so this will provide good support
We have got some daily bull divs going on, but the H4 ran a low and has continued u
Next time will be looking for the H4 to close through a swing low and sell the OB that caused that move as everyone gets bullish into resistance!
AXS 1D Will gamers are able to drive the price even higher?AXS is an NFT token that players can use to control the blockchain-based Axie Infinity game.
The chart of the AXSUSDT pair shows that today the price has renewed the maximum, which it formed three times in April of this year.
However, to continue growing, the price needs to gain a foothold above $11.30.
If this does not happen today or tomorrow, then the AXSUSD pair may expect a correction.
An important level for correction is $7.50 . If buyers there actively begin to buy back the price, then it will be possible to confidently enter the long, because there is a minimum x2 growth ahead of up to $15.75, or even higher up to $20
If buyers lose the $7.50 level, then the price will go lower. Below, there is a liquid zone of $3-5 , where the position was typed before the current impulse.
And even lower is the strong mirror level of $2 , which during the growth in February played the role of resistance, and already in the fall in May deftly played the role of support from where the aggressive buyout began.
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🆓Axie Infinity (AXS) June-2 #AXS $AXSAXS is very promising this June, we will try to accumulate AXS at 4$ and 3.5$ zone. But it loses 3.5$ zone, it will fall down to 2.5$ zone
Note : Holders will be able to access new features (breeding and staking in the future) if they upgrade their AXS/SLP. This can be done from Axieinfinity.com starting Wednesday 28 of April 2021. The swap can be initiated immediately by interacting directly with the smart contract.
📈BUY
- Buy : 3.9-4.1$
- Buy : 3.4-3.6$. SL if B
- Buy : 4.85-5.15$ if A. SL if B
📉SELL
- Sell : 4.85-5.15$ if B. SL if A
- Sell : 6.35-6.65$. SL if A
- Sell : 7.8-8.2$. SL if A
♻️BACK-UP
- Sell : 3.4-3.6$ if B. SL if A
- Buy : 2.4-2.6$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Axie infinity to infinity and beyond!Axis has been pumping for quite some and is a project I've mentioned quite a few times before (for those that follow me on telegram or twitter), and although I have to say I've been trading this for quite some time... I can tell you there is more upside to it in my opinion. I really doubt the market will stop here with a triple top, while making higher closes on higher timeframes.
NFTs will probably pump again and I doubt that that sector doesn't have more juice left. There aren't that many LARGE NFT tokens out there and most have fairly low market caps. Even AXIE has a relatively small market cap based on the duration and strength of its pump. It was a Binance IEO and it is still below 500M in market cap despite continuously getting more listings and being one of the hottest NFT related coins on Binance. Now Binance building its own NFT marketplace might hurt some of those projects, but the influx of new people is so huge that I doubt other projects won't benefit.
In terms of TA I can see a dip lower in case let's say BTC drops hard again, but after that i still see it going higher. It has shown tremendous strength and the trend is super clean. Long and Strong!
$AXS/BTC 3h (Binance Spot) Descending triangle break and retestAxie Infinity has broken bullish and is now retesting the triangle, let's enter here.
Current Price= 0.00012764
Buy Entry= 0.00012689 - 0.00012069
Take Profit= 0.00015303 | 0.00017582 | 0.00021946
Stop Loss= 0.00010427
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.9
Expected Profit= +23.62% | +42.03% | +77.28%
Possible Loss= -15.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
Can AXS in 4h price pick up the $6.50 before proceeding?Technical analysis regarding the price of AXIE INFINITY in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price has been moving in an organic and coherent way, in a nice way, with rising tops/bottoms.
It broke through a region of considerable price and well, I believe that before proceeding with its main upward trend, the price will retest this region close to $6.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏