Axie Infinity (AXS) - July 21Hello?
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(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.
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(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.
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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.
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** 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)
