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AXS

AXS Elliott Wave Analysis : Will the pivot hold?Bullish scenario from last chart played out pretty good. Looks like there was a pivot put in at that point. But will it hold? So a couple things of note for me when I look at this PA stand alone in a bubble. Currently the PA is nearing an Invalidation area, once it crosses 56.60. But I still think there is a chance that a motive wave, expanding Diagonal, could still be considered. Another option still on the table, is a 1,2/1,2. The 3rd short term bullish option would be that there is a completed ZZ and the move down from 71.78 could be an X wave, but I have not zoomed out to consider the context to see how it could fit. Holding 46.01 would be a key pivot to hold for these options to stay viable/considered. The Bearish option is that a ZZ has completed and a new low is possible. A completed ZZ does not necessarily mean the correction is complete as it could be the gateway to a larger corrective structure. If it breaks below 55$, by more than just a wick, and throws back for a retest that could lead to a LL as well. But for now watching this area. Already in the algo buy zone, but would be even more interesting if there is one more low to test the support as well as there is ample other factors to contribute to the confluence, MO. Algos Previous Flip Some Elliott Wave fibs as well. Staying above 53.50 would be ideal.
Long
by CryptoKnee
Axie Infinity (AXS) Buy ZoneAxie Infinity (AXS) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Axie Infinity broke above and retested our trendline, showing the market is short-term gaining bullish momentum and strength. If the retest gets successful, we would be heading to at least target 3 in short-term. -------------------- $AXS/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 63 - 67 TP 1 : 69.25 TP 2 : 73 TP 3 : 77.75 TP 4 : 82 TP 5 : 87 TP 6 : 91.5 TP 7 : 97.5 TP 8 : 107 Stop Loss : 56.25 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
2
SLP trading ideaIt's been probably 1.5 year + since I made trading analysis on $slp $eth trading pair. Now I am back. SLP is impossible to chart. Why? Because Its highly inflationary and currency is meant to be a reward for $AXS game players. Because of it's super inflationary nature #slp shouldn't be held LONG term ...unless something changes on its fundamental level. This is trading channel. Could fall to 0.005$ or rise to 0.012 or even above 0.02$ per $slp. Who knows. This shitcoin that shouldn't even be traded on such exchanges as #binance, #bitstamp or any other reputable exchange in fact. It's not fair to noobs (or anyone in that matter). 98% loss within half a year???
by Aborangin
5
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.41). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AXSUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 68.31 TP2= @ 75.58 TP3= @ 83.03 TP4= @ 91.02 TP5= @ 98.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.41). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: .AXSUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 68.31 TP2= @ 75.58 TP3= @ 83.03 TP4= @ 91.02 TP5= @ 98.65 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Long-Term Picture of Axie InfinityHey there. Accurate reactions to this channel leads me to believe that Axie Infinity is moving inside these parallel channels. If so, AXS might have started a new move. Targets? I do hope AXS/USDT returns to upper channel and if that happens, targets like 400 would be in sight. This would of course take quite some time to happen, but short-term targets are exciting as well. Let's discuss those in another post. Let's discuss what you think about AXS/USDT in comments. Cheers.
Long
by arya3789
11
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-$14, everything is possible if BTCUSD and ETHUSD continue to drop further. (Check out my recent BTCUSD and ETHUSD chart for more information and levels of resistances to keep an eye for). Thanks for reading, and stay tuned. Enjoy.
BINANCE:AXSUSD
by EdgarTigranyan
2
AXS - Axie Infinity is Approaching its Buying ZoneThe Back Ground and Psychological Support Zone The AXS last bull move gave us hefty returns of 6200%, which started from 2.64$ on Jun 29, 2021, and made an ATH of 167 on Nov 6, 2021. However, this massive gain leads to a correction that later converts to deeper correction and ends in the shape of a crash, and currently, it trades below $50. It shed almost 73% of its gain and trading in a well-established downtrend/descending channel; it got rejected three times from the upper side while trading within this channel. The fibo levels from last bull runs are playing their part. We see 0.50 and 0.786 levels act as barriers but did not last as final lines. Now price is entering into a strong support zone that has its back from the July, Aug 21 trading range when the price remains range-bound after a massive first move. At the same time, RSI has been in the downtrend since the start of Oct 21, capped by a trend line, currently in oversold territory. Point: Bullish divergence is in play that will trigger the next bull run. It entered into a strong support zone. In the last down move, volume remains below average. Trading activity/volume increased in the last 4 days. Fibo retracement 0.786 and support zone lower levels are the same, providing a solid support level that will hold. It already shed 73% of its all times grains. RSI is in the oversold zone and showing weak bearish signal Pay Attention Observe its price action in the support zone (a rejection from downside with good volume and confirmation on next day), wait for the positive signals from all sides like RSI needs to recover to let the bullish divergence play its part. Moreover, RSI needs to break the trend line, which has been holding in a downtrend since Oct 21. A rejection from downside and RSI trend line break are two key signals you need to get in Risk / Reward and Holding Period Buying near the $40 level can be a good idea (or within the support zone). Keep in mind any move below 37 will be short-lived, so if you got an opportunity between 30 to 31 levels, that would be a great level to enter. But chances are rare. The TP1 is 90$, TP2 is its ATH, and the 2022 target is 350$. The minimum holding time for this trade is two quarters. It is not financial advice; always do your research. Please, feel free to ask your question; write it in the comments below, and I will answer.
Long
by Booming-Crypto-Ideas