The big short on $AXS is coming!!As we can see the price of the axs still rising, in the last week we saw a huge divergence where the price continued the upside trend but the volume was slower and slower, for 3 times we saw the price up but the volume down so we can expect a big correction in the short term.
AXSUSDT
TLM / Explosion incoming / UnderpricedTLM is the official token of the game Alien Worlds, one of the biggest GameFi in the crypto industry. TLM is currently sitting on a 200-300 million$ in Market Cap. Another GameFi token AXS is currently sitting on a crazy 5billion$ in Market Cap. You do the math.
Note: In my previous idea I was anticipating a huge dump in the price of AXS because of the overhyped Market Cap, but my analysis completely failed, it seems that gaming tokens are here to stay!
Do your own research and enjoy the ride.
AXS correction happens soon.Hi every one
AXS /USDT
AXS has moved toward our Expectations and touched the 70$ Resistance which we talked about In the last analysis. we talked about Elliot waves as well as a Bullish Flag, But It seems that AXS wants to Obey The Elliot waves! as you can see the Resistance at 70$ was shown By Elliot waves couldn't be broken By AXS so we must Expect The ABC correction waves! The correction waves are Inevitable ,they Must Happen. As you might know The Trend will continue after The ABC correction waves are completed , so Expect a Huge Bullish Run after It. there is also a Regular Bearish Divergence (-RD) on MACD which helps our Prediction to be more True.
summery:
-AXS has moved toward our Expectations
-The Resistance at 70$ is touched just as we Expected
-Elliot waves seems to be working pretty well so The Price should start Correction From Here
-(-RD) on MACD which is of course a Bearish sign
-after ABC waves are completed The Price can continue The Trend (which is bullish right Here)
Previous Analysis:
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AXSUSDT_ LONGBINANCE:AXSUSDT
The price of the currency is about a week in a rectangular box in the price range of 63
It was fluctuating at $ 74, which finally broke the $ 74 ceiling yesterday, increasing in volume and rising in price, and advanced to the $ 82 range.
I expect the price to reach $ 74 after the pullback and proper flooring, and even the $ 70 pullback marked with the yellow area again to our first target of analysis, the $ 82 ceiling.
AXSUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, if the price can get out of the upper line of the channel and stabilize, it can touch its target. And if the price penetrates below the support line and stabilizes, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
AXS/USDT IS READY!Opening long position on AXS.
AXS is an excellent gaming platform with great fundamentals. It is never disappointing.
Entry for trade will be $69.04 to $73.05
Stop Loss: $65.25
Target:
$76.23
$81.08
$85.71
$91.72
With this consistency, AXS has the potential to reach even $100.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Hit like, and do share your comments.
Thanks
AXS/USDT Potential 27% gain...If AXS/USDT breaks down there is virtually no volume stopping this 27% drop.
I believe the Bearish Scenario is the most realistic scenario to occur.
Bearish Scenario: Currently ATX/USDT has hit ATHs after rising 67.52% ATX has already pulled back 15.98% .If the support of $63 is broken there is very low volume that will hold as true support until $43-$45. ATX has a low volume demand zone that may cause a rise in price but this will not hold for very long as it is not true support.
Bullish Scenario: If ATX/USDT breaks current resistance. There is high volume resistance which could cause ATX to consolidate until the next pump or dump happens. If price pushes past $75 there is little to no resistance that would potentially create another 50-60% push happen. I am not too sure how high ATX would rise in this scenario.
As always trade safe and look for high volume and great price action before entering into a position.
I will be keeping you guys updated throughout the week!
Let me know what you think in the comments!
If BTC continues down, AXS may dump c15%I'm seeing the price below the golden pocket on an upward facing speed fan from a recent key price that initiated a major move.
On the downward speed fan, we're beneath, but testing the lower side of the golden pocket.
If BTC comes down, and we reject here, high probability of downside.
That said, BTC is a monster with it's own agenda and will do what it wants to do.
Trade safely.
Is AXS coming down for a bit?MTF EMA's have flipped, and it seems the short term support around $65 may become resistance. This is also a fib .382 level that we're sat on right now.
We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly).
Looking at the feb speed fans, we're under the support levels and retesting this and the next hour.
Short term bearish.
Only bullish thing I see is BTC might have another little run. On a Sunday though...
Anything is possible, trade safely people.
Peter