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.
AXSUSDT
AXS Swing/longAXS is in an accumulation phase.
there are two trades that can be done here.
swinging between the accumulation phases support and resistance
enter: 60-62$
TP1: 64$
TP2: 67.3$
TP3: 69.48$
SL: 53.6$
or open a long trade after two confirmed 4hr candles above $70
TP1: $76.6
TP2: $80
TP3: $83.4
TP4: $87.6
SL: $68.2
what do you think?
SLPUSDT Important support zone Hi Guys
We are in important support area for ever that Slp in it
we expect that the bullish support the price in this area and the price can grow to 0.35 cent
maybe we have some shadow under the area but its ok and dont worry
if you have any question about any analysis send me messages
good luck
Abtin
$AXS/USDT 4h (KuCoin) Descending trendline break & retestAxie Infinity Shard looks good for bullish continuation inside the parallel channel after that reaction on 100EMA.
Current Price= 78.030
Buy Entry = 77.835 - 74.549
Take Profit= 85.936 | 94.426 | 104.592
Stop Loss= 68.948
Risk/Reward= 1:1.35 | 1:2.52 | 1:3.92
Expected Profit= +25.58% | +47.86% | +74.54%
Possible Loss= -19.02%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
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 LONG SET UPAXS/USDT-PERP is currently in an uptrend. If we are able to have a price rejection above the 0.5 Fib level then it will set up as a strong buy/long with the following take profit limits projected. A close below the $80.00 support line would invalidate this set up. Look for a STRONG price rejection from $80.00 and long from $80.55 to $82.00. Stop Loss trigger set for $75.55.
I am a self taught trader, not new to crypto but relatively new to charting. Feel free to comment, suggest or anything. Thanks!
- Mr_Oraculus
*NOT FINANCIAL ADVICE*
💡Don't miss the great buy opportunity in AXSUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 94
TP2= @ 100
TP3= @ 110
TP4= @ 120
TP5= @ 136
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️