AXS
AXS flag breakoutPrice had nice daily close, wicking down to 20 day ema, closing with a moderate bullish spread. Price made impulsive move up followed by a very clean flag - channel printed on the 4 hour. Price broke out on the 30 min time frame with ultra high volume to the upside.
Stop loss: Just below daily s/r and vpvr level, inside of previous channel, and in trough of volatility zone measured thru out channel
Take profit: At next daily zone, aligning with the 0.272 fib extension level of flag
AXIS IS ON STEROID BUT PULL BACK IS IMMINENTThis asset has seen a great upward force lately, this has helped push the price of this asset positively.
AXS is currently at FIB23.6 and it may act as a resistance if the buying force is not enough to breakthrough.
I took profit today on my short term investment Axieinfinity with a whopping 40% return on investment.
My next TP will be at FIB38.2 which is around $90.
I am bearish for now.
trade with care.
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Is MANA going to PUMP? Look for liquidity collection!Decentraland (MANA) is the most popular Game-Fi project, so as soon as some news comes out, it is definitely Pump. But what does the technical analysis show?
As we can see by the horizontal volumes of $2.25-2.85 is a huge accumulation zone! A strong bullish signal would be to squeeze under the $2.85 level. Earlier we saw liquidity collection to sell, after which price dropped significantly.
Now we are expecting liquidity collection to buy and a volume growth. This will be a trigger to open long positions.
The first target for this move is the $3-3.10 zone, the second target is the $3.25-3.35 zone.
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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 - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
AXS rejected our green demand zone and traded higher.
AXS broke the last minor high in orange, and the two upper trendlines (orange and red)
Thus, the bulls took over from a medium-term perspective. and the first blue projection is considered our first impulse of the bullish trend.
We are currently in a correction (in purple), and waiting for the bulls to break the upper gray area for the bulls to take over from a long-term perspective and the next bullish impulse to start.
Meanwhile, until the bulls break above the gray area, we are in a short-term correction phase that can trade till the green zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AXS - Buy it when break out this lineBYBIT:AXSUSDT
4H trend chart
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AXS is consolidating and converging.
It's good for it to accumulate around $65
If price can break out the downtrend line, trading strategy as bleow.
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Profit Targets:
a) 74.5----Fib(1)
b) 80.995~83.625----Fib(1.272~1.382)
c) 89.260----Fib(1.618)
d) 98.385----Fib(2)
Stop losses:
a) 10.882-----Red horizontal ray
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AXS/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The counts were a bit off; wave 5 top was a lot lower and we've been correcting since then. The bottom also went a lot lower than predicted. We should be moving back up to the bigger wave (3) cycle.
AXS/USDT Longs into $84Good long opportunities for AXS to play into these levels here between $65 and $49. We have a nice choCH on these lows here on this daily demand level so it could be a great opportunity to take some longs up once inefficiency or POI gets mitigated and we have some lower TF confirmation for longs.
Bulls Incentive For AXS Token Finally, is $100 Define Next move?The Axie Infinity Token has reversed its declining trend and started rising higher, seeing a nearly 44% spike this week.
Axie Infinity Token interpreted the 100-day moving average line yesterday and is consolidating to reach the 200-EMA.
The SuperTrend indicator gave a bullish sign last night over the daily price chart.
Axie Infinity Token price is being seen above the 20- and 50-day EMAs, as well as recently, holders pushed costs above the 100-EMA (Yellow) last night. Besides, the 200-EMA is forming a bullish barrier.
The RSI is moving towards an overbought zone in terms of the daily price chart. While the RSI is at 72-point, it indicates stability in the bullish momentum as long as the price action does not show any bearish signs.
Axie Infinity holders have a chance to achieve their goals once again. Following the sharp rise, the coin could pull back and the 100-EMA could act as a support zone for long-term investors of the AXS token.
Support level - $45 and $35
Resistance level - $90 and $115