AXS breakdown & trend shiftIdea from few days back: Didn't reach short target within 75USD. zone.
Axie had phenomenal run during the summer months.
Bitcoin - pair rolled over too.
The 50 USD zone will determine how fast the uptrend will resume or if we head lower first.
Red trajectory is currently more likely.
AXSBTC
AXSUSDT Technical Analysis
⏳ Spot
💎 AXSUSDT has broken above the resistance. It has also broken above the triangle which it formed. We expect a pullback to the pullback zone before it goes higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 80.000000
☕️ TP1 89.512260
🍺 TP2 94.000000
🍻 TP3 99.000000
🍾 TP4 105.000000
🍷 TP5 110.000000
🍸 TP6 ___________
🍹 TP7 ___________
🎁 TP8 ___________
🚫 SL 75.000000
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
AXS - PUMP IS COMING 😱🚀🚀While bitcoin is in consolidation, a very good opportunity to buy altcoins.
The AXS chart shows a very good picture, the price has broken and tested the local trend line as support.
This is a strong signal for growth. The target is the upper boundary of the consolidation at 79$.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Axie Infinity moving into a SQUEEZE AXS/BTCAXS has been pushing into a squeeze with this pennant forming over the last few weeks, and there is normally only 2 outcomes from this pattern.
If the hype is still around this coin then I would expect a push upwards and because of ATH levels I would be using a trend based fib to find some hidden levels, which also lines up pretty well from the measured move of the last impulse.
If the hype has dropped or moved onto another coin for now then I would expect a significant pull back on this market, its had a solid run so a big pull back is due.
Axie Infinity AXSUSDT - Warning to all hodlers! Elliott Wave- On the chart we can spot an ending diagonal Elliott Wave.
- The price is at the top of the channel, which acts now as a resistance.
- Is it now good time to sell? Due to technical probably yes.
- There is also a bearish divergence on the RSI indicator!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Maybe it is a great time to sell this coin, take profits and buy something else.
AXS is it good time to book profits ? or should wait ?Hi, hope so you all are doing well, i shared my thoughts about axs yesterday where you should buy, it falls yesterday under that range 67, if you bought in that range, axs is at resistance if it breaks then we can see towards 80 but the dominance of BTC increasing if BTC goes down it will effect the alts heavily
but if you want to wait a lil bit more then move your stop loss to breakeven or you can book pretty good profits
Like and comment how my ideas are helping you in taking trades
Simplifying Axis Infinity (AXS), Huge Upside potential setupHello! So let's break down the analysis:
Fundamental Analysis:
1. Axis is directly influenced by Bitcoin
Bitcoin dumps massively -> Axis dumps or consolidates
Bitcoin pumps -> Axis pumps slightly or consolidates
Bitcoin minor correction or consolidation -> Axis pump insanely, just like right now
2. Fundamentally, Axis growth is going exponential, the traded volumes are increasing greatly!! Very bullish sign. Adoption is insane.
Technical Analysis:
1. As we can see, Axis formed a bullish triangle, or if you consider the previous run, it made a bullish flag pole. these chart structures have 66% chance to break upwards.
2. The usual approach is, we take the pole length and put it where it broke out to find out rough selling target
3. As I studied the past chart of Axis, more than technical supports and resistance, Axis tends to follow Psychological S/R. So From that perspective Important price points are:
$50 - Support
$60 - Sell target 1
$75 - Sell target 2
$100 - Final Sell target
Cheers, Have a nice day!! Please comment if you have any question or feedback
AXS BİG SHORT and LONGAs you know, we are returning all our money to known solid coins to enter the bitcoin bull period.
We're going to make a loaded output.
We're going to enter Short on top of it. Enter confidently.
We buy pain. We leave the hungry full.
We are getting ready. Our team is solid.
No investment advice.
Everything bullish
Axs bearish
Stoploss- 54$ %23
TP 36$
TP 30 $
26$ Closed. Long position ok.
$TVK Wave 3?TVK never broke its bullish PA.
Expect Wave 3 to be higher than rest waves.
Even in weekly new HH was set before BTC insane run.
R:R is great here.
#AXSUSDT Trade Setup, Bouncing off now!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart:-
#AXS/USDT: Forming a descending wedge pattern that is generally bullish in nature.
However, the breakout will decide the direction of its trend.
If you haven't opened the position, wait for the breakout. Hidden Bullish Divergence.
ENTRY: $40.55 to $42.80
TARGETs :
$46.84
$49.30
$52.23
$57.87
Stop-loss around $39.32
DYOR before taking this trade.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#AXSUSDT Trade Update!
AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.
Next possible targets :
O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)
Move Stop Loss to $24.12 and hold the position.
If you want more setups like these every day, do hit the like button and share your views in the comment section.
Thank you
STAY SAFE
#PEACE
Axie Infinity (AXS) - July 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(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.
-------------------------------------
(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.
------------------------------------------
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.
------------------------------------------------------------ -----------------------------------------------------
** 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)