AXS
THE MARKET IS KING "The market can remain irrational LONGER than your account can withstand going against it".. It's not to say that the crypto market is irrational BUT to make a point that we need a TRADING PLAN and we need to ADAPT to the reality of the market action, and not wait for the other way around. The market is always right.
AXS USDTAXS USDT had already break from the falling wedge pattern and continue with inverted head and shoulder pattern, probably will retest the inverted head and shoulder once again around 71, in my opinion the retest will be a good entry with the target price around 92-95. Also the the macd is showing us a bullish divergence which is a good call to long AXS.
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
AXS Movment Seems BullishForming an inverted head and shoulder pattern and defeating it, it entered a very powerful rally and was able to break itself ATH.
It has now entered the rest and suffering phase to gather the necessary strength to continue the rally.
The possible move is marked on the chart and the probability of continuing the uptrend is much higher than the reversal of the trend.
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 .
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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$
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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."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
🔥 AXS Inverse Head & Shoulders: Bullish Break OutOver the course of September, AXS has formed a nice inverted H&S pattern, a classical bullish pattern.
With the price breaking out above the $71 resistance, it's safe to say that AXS wants to go up. Only thing that can ruin the party now is a strong drop of Bitcoin's value.
For the current bullish move, I'm targeting $80 for the coming days, potentially $90 if BTC sees more bullish price action.
Happy trading!
🔥 AXS Inverse Head & Shoulders Update: Price DiscoveryRecently I made an analysis on Axie where I discussed the inverse H&S pattern, which could potentially lead to strong gains.
Not only did we get some strong gains, we only got a new all time high! Amazing couple of days for Axie, congratulations if you took the trade.
At the moment, AXS is going into price discovery mode again. Over the course of tomorrow, I'm expecting some minor consolidation around the $90 to $95 area and a potential push to $100 in the next 48 hours.
$100 is important. If we manage to take that resistance out, expect a major run up to $115 and beyond. Lots of shorts have their stop-losses above $100 since it's such a key area of resistance.
Happy trading!