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*
AXSUSDT
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
AXSUSDT Flag Pattern!AXSUSDT (1H CHART) Technical Analysis Update
Flag Pattern
AXS/USDT currently trading at $42.68
Buy-level: $41.75 - $42.70 (Wait for the small retracement)
Stop loss: Below $36.53
Target 1: $45.35
Target 2: $48.00
Target 3: $50.00
target 4: $55.00
Target 5: $60.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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#AXS Ready For another Push $61 Incoming1 Hour Bull Flag
28% Pullback has occurred.
If btc can keep pushing this is possible to play out, if btc doesn't continue the push this will drop.
I like our chances here.
Entry Current Price
Stop - $35
Target - $61
Leverage - 7 x
We will also watch for a rejection of top of the range and update the chart!
Best of luck!
BITCOIN CAN GET ANY TIME CONFIRMED INTO BREAKDOWN TREND WITH ...Hello trading friends,
#Bitcoin can get any time confirmed into the breakdown zone - if this happened with the time frame we could see a huge breakdown trend into bitcoin.
even the whales can get rekt - the markets is so high, that only data and trends that play a high role. whale trends is in 2 sides long/down.
Bitcoin did break down one time below 38K, when this happened a second time with time frame, we could see a new huge breakdown trend.
manage always your risk, we did also add if bitcoin increase to 40k+ that would be the only reason we watch BTC for an uptrend.
THE GAME WHALE OF BTC CAN EVEN RETURN BTC TO 34900 THE SPLIT AREA
Means this update that 100% sure the trend will break down to 34900?
Into crypto there is noting 100% sure, as markets can change with time, we work with confirmed trends, as long these confirmed trends are not done we are still at the same side, and all is possible. we expect if bitcoin breakdown 38k with TIME FRAME what still has not happened, we could see a new breakdown trend and that we only checking uptrend from 40k+
Have a great day.
Check yesterday about the important golden 34900 increase, we did add it as a split area for possible whale entry
Axies to Infinity & Beyond!AXS 200% run doesn't appear to be done just yet. After it completes consolidating in a bull flag formation at the $40 levels, I expect AXS to breakout and continue it's journey higher towards $60 area and then after a small re-tracement, push on higher towards $70 area before starting a corrective ABC structure
NFA - Please always DYOR! -
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AXS CONSOLIDATION ZONEAxs followed the predicted trajectory on my previous post, congrats to everyone that took the trade. Since the uptrend to the new ath , axs has been consolidating btw $38 - $44. Our next position will be verified when axs breaks and closes below or above the consolidation zone. Anticipate for the next position in the comment section.
I am very sorry for the inconveniences caused, all the posts i published about 8-10hours got restricted to the public due to some violations. All updates will be republished soon.
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#AXSUSDT Trade Update!
AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.
Next possible targets :
O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)
Move Stop Loss to $24.12 and hold the position.
If you want more setups like these every day, do hit the like button and share your views in the comment section.
Thank you
STAY SAFE
#PEACE