Do not Buy the Dip on AXS yet !!No Investment Advice.
AXS looked amazing when it was making its minor degree impulse. Wave 3 was massive in relation to wave 1. Wave 3 finished very close to fibb level shown in purple. And a usual wave 4 Triangle structure. Wave 5 spot on fibb level. Usually wave 5 is .618 of wave 1+3 but in this case it finished 1 level lower suggesting upcoming weakness in the trend.
Now it has been selling off with the market. But the most worrying thing is that it has managed to make a lower low invalidating possibility of wave 3.
If you are holding bags i wish you good luck with that. If i were you i will do a solid fundamental analysis. And if i come to a conclusion that this project has future i will DCA. My next entry will be 20.50 and next level 5. Based on fibb level as shown below-
AXSUSDT
Axie infinityI don't want to sound negative, but what's the idea behind axie? How sustainable is it. Well from the charts price is going down. ( Obviously this correction or should I say change in major trend is soo... Cold. Brace yourself for next level around $36 area. Or could there be a turn around zone? Not anytime soon I guess 🙂
AXIE INFINITY time to gain 🚀Based on the chart, price stick in descending channel ✔️
but now
become close to channel support and support area ✔️
so
we expect gain for the price at least to channel resistance and if the price breaks the channel resistance we can see more gain and our first target is $95 🚀
if
the price breaks the $95 and round number of $100 and stays above these levels we can expect more gain and our next target is $150 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
AXS MIDTERM LONG SENARIOHi Everyone . Today I'm Checking the Axie infinity Chart and im so supprised beccause now supporting in the Green Zone , So if you check the Previous move you see if the Trendline Break We Are going to the moon and expect to see 80$ for mid term , but if lost the Support we are going down , btw you should do it with your own risk and money management , ITS NOT FINANCIAL ADVICE !
AXSUSDT - SETUPAXSUSDT price dropped 70% from its high, moved into a descending parallel channel, and now reached at a strong support zone. This area needs to be honored by bulls. They need to react if they want to reclaim their position back, if they succeed then we can see a good rally towards 60.00
AXS - Weekly Outlook ✅Let's see how AXS is behaving.
This is a Weekly chart.
The Fib retracement shows that the price dumped on the support level. The support level might be around the $35-$60 area if the price falls even more.
The market is showing massive STRONG SELL volumes for AXS.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that AXS is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $64
Let me know your ideas.
Good luck.
AXS - Daily Chart ✅Let's see how AXS is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has passed a resistance level, and now it's turned into support. Now it's retesting another resistance level.
The market is showing massive BUY volumes for AXS.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that AXS is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $75.15
Let me know your ideas.
Good luck.
Add some AXS in the $ 50 to $ 64 rangeAXIE INFINITY By breaking its long-term positive trend line has entered further correction and has reached beautiful levels to buy. Add some AXS in the $ 50 to $ 64 range, which are good places to buy for holding. After price flooring, it will start its positive movement compared to other cryptocurrencies.
AXSUSDT, The price is reaching to bottom of channelHello everybody
Surely you have heard about AXS (AXIE), is one the most popular game in blockchain and its working of NFT and Metaverse and this platform wanna ...
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According to the chart, we expect the price should drop more to reach to the bottom of the channel and according to the price that at the beginning was started moved in upward channel at this time we expect the price that be supporting at this bottom and should move upwards but in this scenario that is ready to start new rally or its only move upwards for correction and emotional its very soon to say and predict. At first we take profit of this movement then the market move and show us other waves we can decide about this.
Dont forget if you be in position use stop loss and take trigger then entrance it.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
AXS - Daily Chart ✅Let's see how AXS is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is sitting on the support after corrections.
The market is showing massive SELL volumes for AXS.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that AXS is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $72.88
Let me know your ideas.
Good luck.
AXS Short time frame Posted a shorter time frame analysis else where but, so far the short term bullish played out pretty good. So from here thinking OMLU possible, not exiting all my longs, but from here will be watching for a possible retrace or lower low depending on the context of the move, if down from this area.
Flipped resistance into support
Hit some markers for an impulse up
Some grindage on the Pitchfork
Bounced from the .5-.615, got to target
AXS - Daily Chart ✅Let's see how AXS is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is pumping and, we might experience rejections soon.
The market is showing SELL volumes for AXS.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Upper Bollinger Band can push down the value, and the Middle band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that AXS is below the 50 levels, the center. It's highly oversold.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $80.78
Let me know your ideas.
Good luck.
Axsusdt cup and handle Retest done bullish AXSUSDT (4h Chart) Technical analysis
AXSUSDT (4h Chart) Currently trading at $80
Buy level: Above $81 (BUY AFTER BREAKOUT)
Stop loss: Below $71
TP1: $84
TP2: $89
TP3: $94
TP4: $100
Max Leverage 3x
Always keep Stop loss
Not A financial Adviceeeeeeeeeeeeeeeeeeeeeeeeeeeeee be carefull
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RNDR Contracting GPU Power Via Blockchain TechWish I would have bought some when Dave Lui dropped the alpha on it last year. RNDR is on the SOL blockchain. It appears as if SOL would be best suited for video games. Could we see popular NFT/ Metaverse coins transition from ERC-20 and go to the SOL blockchain? If so wouldn't a partnership with RNDR to offload some of the GPU workload be cool. Just a thought. Stick to TA. I'll be looking to start a position at outlined levels and take profit at 1.272.