AXS set for another short squeeze = target $68AXS is at a very negative funding rate on Binance again. Looks like shorts are about to get absolutely rekt. Use a low leverage long (3x to 5x), take profit $68. Very high probability trade.
AXSUSDT
💡Don't miss the great buy opportunity in AXSUSD Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (41.28).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 45.50
TP2= @ 48.80
TP3= @ 53.30
TP4= @ 61.00
TP5= @ 75.00
SL= Break below S2
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AXS WAITING FOR CONFIRMATIONSAXS still moving in the channel, waiting for the time to make an entry. hope this helps. thanks
Wave 5 Of the Elliot Waves???!!! Don't Miss the Shot! JUMP IN!Folks,
Another NFT performing well while bitcoin is struggling..
Check out this opninion of mine about AXS/USDT 4 hour chart..
The wave of 1,2,3,4 and 5 is as following.
Wave 1 = places with the flags are the subwaves in the first big 5 that can consist of 5 little subwaves as shown.
Wave 2 = 2 flags 1. is the 1st decline 2nd flag is pullback is wave 2 and than go down to complete this wave.
Wave 3 = 1st wave to first top than decline to support level at $35.- and than the uptrend again to 2nd top that completes the 3 big wave
Wave 4 = decline is at the bullish engulfing patter at $37.- than the pullback to resistance line at $42.- and now finished the last wave to $37.- again
Wave 5 = Starting now!! Wait for a candle close at $43.5.- to be sure that the uptrend is going on!!
Aggressive traders can hop in now!
Use stop loss
Drop down to the level supportBuying at the support. Only if it drops down dramatically otherwise wait for another opportunity to buy
AXS - tradeToo early to go long at the moment. $ 30-35 could be interesting. Almost 70% to the target level. RRR is pretty good too.
AXS/USDT : No longer supported by bulls [Negative funding rate]BINANCE:AXSUSDT
Hello everyone 😃
AXS has showed weakness recently at $40, Now it just followed BTC and gets rejected below $40.
With current Negative funding rate; There can be a good chance to take advantage on next dives to lower levels.
It just formed two bearish order block above at current level which are located on FIB retracement's levels !
There is a stiff support below with a bullish order block located below it; So pullback from there is expected, Also you can have a safe target there !
Above mentioned resistances will be a opportunity to take LONG on AXS again and have some gains on mentioned targets.
Also have to mention that bulls will defend marked blue lines and bears will have a try to reject the pair on $39.29 marked red line.
Hope you enjoyed our analysis about AXS's possible directions🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
AXS/USDin my point of view, this scenario could happen IF bitcoin start a correction in the daily time frame
AXS Looking very good!Here's a quick look at AXS 2hr chart. As we can see the price has printed a falling wedge which is a bullish price pattern. The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 45.5$
2. 48$
3. 52$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
AXSUSDT 2H: Possible SHORTAXSUSDT 2H: Possible SHORT
AXSUSDT H2: Rebound from resistance 50 and fall to support level 29
Axie infinity update - Axie infinity in descending pennant Axie infinity update - Axie infinity in descending pennant
Probability of break to the higher side is more as the 1 Hour RSI is very low.
If it breaks higher, $41.7 is the resistance level. If it breaks lower $35.3 is the support level.
AXS Possible MovementsHi @everyone, here are my thoughts on AXS on a 1h TF today ( July 31, 2:43PM )
- I'm still watching for the wyckoff distribution on this, but it's still too early. We may see another HH from here.
- So the market has formed a bull flag and broke out the upper trend line
- It is now trying to retest the upper trend line, and if we got a rejection from here, we may see another push to the upside.
- Just watch out for the fake out.
That's it guys! Take care! NFA, DYOR and TAYOR
AXSUSDT ANTICIPATION STRATEGYMy analysis depicts a possible price action on axs in the coming days as its getting weak on volume and at a strong resistance level. Eke, Axs has exceptionally bounced to unexpected levels since the onset of this month so corrections are expected before we see a new ath. As indicated on chart, price has been following an ascending channel which is probable we see a downtrend to the higher low of the channel then to the support zone after a retest of the new ath. It's possible price breakdown at the support level for continuation of the head and shoulder pattern or a reversal could occur for the continuation of the inverse head and shoulder to reach a new ath. This is what i conceive on axs and it's no wise a financial piece.
Give this idea a thumbs up if you find it helpful and follow me as an incentive to provide more.
AxsI read in a post some traders are heavily bearish on this one, but I see a flag and feel we'd see a push up. Its currently Trying to make a fifth wave. Whether its a full wave 5 or a failed wave 5, its direction for now is UP.
Please like and share if you find it interesting.
AXS bullish wedge breakout with price targetsThis trade is set up with the pattern breaking of the bullish falling wedge pattern. One this pattern is broken to the upside you could enter this position. The stop loss and take profits are listed on the chart.
This set up has multiple bullish indications on it, including bullish divergence on the MACD histogram shown on the chart, a MACD line crossing up above the signal line, the RSI is starting to enter bullish territory and the falling wedge consolidation is about to break out of the top resistance trend line.
This is also an amazing project doing very well with their game that was launched. I say this often to the class that I teach, NFT’s will go first, DEFI next then the normal flow of money we’ve saw for years in the crypto markets.
Disclaimer, this is not financial advice and trading any market is a risk. Please be responsible.
Have a green week!
#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
AXS TRIANGLE CONSERVATIVE BREAKOUT LEVELSBINANCE:AXSUSDT www.tradingview.com
AXS has a descending triangle inside of a bigger ascending triangle. On this chart I give the conservative TP levels that it should hit if it breaks out to the up or downside.
Upside descending triangle conservative TP level : $52.52, though I would TP at $50 due to psychological resistance.
Continued break out of ascending triangle TP level: $98.74
Downside descending triangle conservative TP level: $33.85
Continued break out of ascending triangle TP level: $24.25, though I would TP at $25 due to psychological resistance.
TP's based off of 100% extended fib level measurements of the triangles.
*Not Financial Advice*
AXS due for a shortFinally had sometime to look at AXS, noticed a decending triangle forming. From last night we got to our ALT for AXS around 52.5 and have been going from lower highs since then. We've found support at 0.5 fibs going from where the climb started yesterday up to the ALT. I was expecting a retrace to the 0.618 which lined up with the 20EMA and thought it would bounce and form the 5 Wave of the elliot wave. However given that its respecting that support line at 0.5 and seeing lower highs id be thinking that it might break through that support line.
Usually i'd think that it depends what BTC does but the last week or so AXS and AlLICE havent really done that.
Let me know what you think and this is not financial advice just my ideas.
$AXS great potential coin with strong fundamental and techincalHi everyone! This AXS is looking really great at the moment and has been very strong ever since the game Axie Infinity has been picking up well currently.
Also, alot to do with the video by famous YouTuber banter in last couple of week ago.
Not only the FOMO is strong and persistent, the game is doing really great with player base growing exponentially everyday.
Technical Analysis:
The RSI is healthy, pitchforking showing me that it could possibly reach 80 on 12th Aug and potentially hit 350 in Dec 2021.
Not Financial Advisor
