AXS
$AXS to the moonAxie Infinity Shards is just about the easiest trade you can make right now.
The market still hasn't caught up to the fact that it's the second highest revenue producing protocol - alone this should place it in the top 10 market cap.
With fundamental bullish catalysts like the Ronin DEX and Land gameplay coming out in Q4 it's certain to reach new highs. Additionally, AXS staking continues to lock up an increasing amount of supply with ~30% currently staked, and yet APR remains in the triple digits.
From a technical perspective it looks amazing as well, a clear pennant has formed. Fib extensions are for possible targets but I intend on holding my stack much higher than any of the prices shown.
I want to write more but I think I'll just do a thread instead. Best of luck.
# AXS/BTC also good __AXS/BTC pair break descending triangle resistance on 4H.If AXS trade above the resistance trendline, the next resistances after breakout are 0.002460 - 0.002560 area and next one is 0.003150 - 0.003280 area.
If AXS unable to trade above trend line then we will see a retest of 0.001850 - 0.001655 support area . Wait for a breakout or rejection from there.
*DYOR*
# AXS looks pretty good here _____AXS looks bullish. The chart is showing a symetrical triangle on 1D and 4H. We will see a breakout in upcoming days.
If AXS break the resistance trendline the next resistance after breakout is 141$ levels and 144$ area.
If AXS unable to break the triangle then we will see a retest of 115$ - 122$ support area. Wait for a breakout or rejection from there.
*DYOR*
Axie Infinity is a great project!AXS focuses on bulding a game, where you can earn money while playing. The project recently had abig runup. Right now it is consolidating and forming a rising wedge.
This is basically bearish, but because of the strong uptrend it maybe breaks to the upside. We also formed a very large rising broadening wedge, which is also basically bearish. But the downbreak target would be 45 cents and that is unrealistically. I would see the rising wedge as a trend decider. If it breaks to the upside we retest the upper line of the bigger pattern (around 500 dollars) or if we break down we retest the bottom line (around 70 dollars). I personally expect a breakdown at the end of the wedge in november and then a slow downtrend to maybe around 90 dollars. But you need to mind that everything is possible in Crypto, so both scenarios have their own probability.
Thanks for reading!
Bullish flag in AXSAXS is one of the coins with lots of hypes around it which makes it to have a lot of potential to grow. As it can be seen in the chart, an obvious bullish flag is formed (just as in text books!) so we can determine its target by the pattern. Besides, due to recent huge flow of money that entered the crypto and the current market cap of AXS, which is about 8 billion, expecting a strong move to upward is completely expected.
Target: 180
Is AXS Bullish or Bearish?Hi guys.
I'm here again to talk about the hottest NFT game in the Market. $AXS over the past 2 months had shown us huge rallies as Sky Mavis released AXS staking. I've been leaning towards bearish bias as AXS has formed a bearish harmonic pattern after it peaked at 154 dollars.
The latest maintenance recently took some hiccups as it took longer time to finish the updates. AXS still in consolidation on what appears to be a bullish pennant. the apex of the pennant ends at Oct 27, so we will likely see a break out from it sooner. While bias is leaning on the bullish side, a break below the lower trendline will result to a deeper correction to 80 dollars which is about 35% decrease from its current market price. A break however at the higher trendline will confirm the flag pennant pattern and will likely result to an 80% rally towards 230 dollar level.
The succeeding 4 hours is important as we are about to finish a daily candle close. A candle close higher than yesterday's candle close will result to a bullish engulfing candle pattern and will likely propel AXS to break out from the pennant.
So that's it. Bull/Bear but bias now is leaning towards the bullish side.
Let me guys know what you think about it in the comment section.
Till next time.
EPIK seems to have found support... Easy moneyAfter the initial blow off from the ICO, it seems we have found our first line of strong support at around $.10. Being that this is a relatively new project, with such a minuscule market cap, it is surprising to see such a clear line of support from this soon from the 4H.
If you are interested at all in this project, and have hopes of it one day becoming a competitive eco-system in the NFT space, then I think right now would be a good time to enter. I bought in at this level and plan to hold long, as personally, I easily seeing this project's cap going 10x once the app is launched and there begins to be an in-flow of users.
www.epik.gg
AXS/USD Short.
Signals:
Position: Short
Entry price: Limit order at 119,537
Target price 1: 101,570
Target Price 2: 72,837
% decrease: P1: 15% P2: 39%
Indicators:
DMI: The ADX line is showing strong signals of a trend and the D+ line is staring to slope
downwards as well as the D- line is showing signs of a downtrend as about to start.
RSI: The RSI line was above 70, a t81,80 and has started towards 58,34and signs of being overbought.
MACD: In this indicator has the MACD line crossed the signal line and negative momentum has started.
Fear and Greed: This indicator indicates that the market has extremely greedy investors and that the market is due for a correction.
Analysis:
The analysis indicated on bearish signals from both the three indicators, where DMI shows negative momentum, RSI is showing signs of the cryptotoken being overbought and the MACD line is showing signs of bearish momentum. A recommendation is to enter the trade when the price brakes below the support and retests it successfully as a resistance.
Fear and Greed Index is showing extremely greedy investor climate resulting the market waiting for a correction. Together with this index and the other three indicators is the analysis able to show signs of a short position.
No Financial Advice.
SLP Coin Latest UpdatesHey Guys,
After the new AXS/SLP annoucments, SLP has a very promising bull run to a new all time high.
it has become harder to farm Smooth Love Potion (SLP) in the game, and bots no longer abuse it.
so once that happens it will stop being oversold and starts the bull run, in the mean time, there is a very promising rumers
that SLP will be listed on Coinbase specially after their CEO started tweeting about AXIE growth and the fact that they have AXS listed
on their exchange and not SLP rings a bell.
So let me know what you guys think!
Comments are much appreciated.
Regards,
NFT play! AXS vs EPIK vs OMIFor this NFT comparison i will pick:
the Top Collectibles & NFTs Token - AXS Axie Infinity
OMI, ECOMI, emerging digital collectibles space
and the The global leader connecting brands with video games, apps, and VR/AR. - EPIK Prime
Axie Infinity, AXS, is a blockchain-based trading and battling game that is partially owned and operated by its players.
Axie Infinity is a digital pet universe where players battle, raise, and trade fantasy creatures called Axies!
Axie Infinity
AXS
Market Cap
$7,82 Billion
Made 1260X in 11 months
ECOMI, OMI, is a technology company based in Singapore which aims to lead the way in the emerging digital collectibles space, as well as protection of digital assets.
70,000 users
ECOMI
OMI
Market Cap
$1,14 Billion
EPIK Prime produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo , Tetris, IBM , and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK , Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
Their Lockr app: With Lockr, you will be able to view and access all of your items from all of your games.
Lockr combines all of your digital items, in-game items, and NFT items into an interconnected, social, and simple to use solution.
First listed on Huobi Prime (only quality projects) on September 26th and recently listed on Uniswap.
On Oct. 12 Coinbase NFT was launched, a peer-to-peer marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens. I think it`s a matter of time when we will see this project to all major exchanges! remember my call on ACH Alchemy pay before listing to Coinbase that made 26X? If you bought the all time low and sold the top on Coinbase, it had an 186X upside!
EPIK Prime
EPIK
Market Cap
$12,6 Million
1 Billion
network userbase
AXS , Axie Infinity, was 0.1234usd on November 5th 2020, 11 months later, few days ago, was 155usd, so 1250X highe!!!
Comparing the market cap, AXS has 7.9Bil and EPIK 13mil. So EPIK is 607X cheaper.
What is your price target for EPIK??
EPIK Prime 600X upside potential???I know, it might sound exaggerated, but let`s look at the facts, because this was a premium signal in my group:
EPIK produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo, Tetris, IBM, and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK, Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
Their Lockr app: With Lockr, you will be able to view and access all of your items from all of your games.
Lockr combines all of your digital items, in-game items, and NFT items into an interconnected, social, and simple to use solution.
First listed on Huobi Prime (only quality projects) on September 26th and recently listed on Uniswap.
On Oct. 12 Coinbase NFT was launched, a peer-to-peer marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens. I think it`s a matter of time when we will see this project to all major exchanges! remember my call on ACH Alchemy pay before listing to Coinbase that made 26X? If you bought the all time low and sold the top on Coinbase, it had an 186X upside!
Now EPIK has only $13Mil Market Capitalization.
A competitor, AXS, Axie Infinity, was 0.13usd on November 5th 2020, 11 months later, few days ago, was 155usd, so 1200X upside!!!
Comparing the market cap, AXS has 7.9Bil and EPIK 13mil. So EPIK is 607X cheaper.
AXS is overbought - be careful We are expecting AXS to drop to 70usd area and the 144 EMA daily.
We have a divergence on the RSI and we failed to make new highs.
On top of that, there is a massive inflow of AXS into the market due to the staking rewards.
Better buy SLP if you want to invest into Axie Infinity game.
Follow for more updates.
AXS Excess? Chart by CryptoKnee 14OCTBase channel bounce, so pretty, MO. Checking some boxes and hitting some MLT for an impulse wave, MO. Have the Most likely target for a wave 5 here, doesnt mean it has to stop there though. Id say the w3 and w5 of the W3 are extended. Would not be surprised if it broke the high a bit and then a retrace followed... but its AXS so I wouldnt be surprised if it dillies up again. If the current move finishes as a corrective wave, may have to change my tune....and my count. lol.
AXS/USDT. Price going down on the medium term (to Dec. 21)
Short signal for me, bearish on AXS over the next 2 months.
First step: Price is going down to the yellow resistance, or to the green up trend.
> probably will reach one of the two where the red ellipse is.
Only short it if you know what are you doing.
Don't use this as a investment advice. I'm just sharing my thoughts.
HOWEVER, AXS has been one of the most volatile coin recently on Binance Future. So careful.