AXSUSDT
BTCUSDT Possible Predictions from a NoobIn the above chart as we can see BTC in a consodilation phase where Breakout can occur in both directions.
But as we take a look into market the fear index has risen exponentially and decrease in Vol of BTC at the exchanges can not be ignored. Few recent events which can be considered are crackdown on BTC mining from Chinese government and rising interest by MNCs into BTC as a wide area of interest i.e. Twitter confirms making Hardware Wallet for BTC, rumours of Apple trying to invest approx $2B USD into Cryptocurrency and most recent trend Microstrategy selling it's bonds and stocks to buy more BTC and other unknown cryptocurrencies.
We must wait for miners to start mining again for a better comeback.
In my opinion Bear Market is not going to last for more days. BTC will make strong comeback as per the events happening around the world regarding cryptocurrency market.
Please correct me if I am wrong and sorry in advanced for any kind of mistakes in chart.
AXS in a downtrend - Bears are here! Finally, some bearish sentiment on this coin. After a massive explosion of the “play to earn” nfts, now it is time to short them.
I am expecting low Axie prices in the next few weeks or months which it will allow me to expand my scholarship teams.
Right now, everyone is printing money, but things will turn sour soon for many of the people who recently bought scholarship teams or started breeding heavily. I saw someone on reddit, buying as much as 60 axies in order to farm SLP. Oh well, this guy will be in loss for many months to come.
This is why you need to have a long term plan in place.
Best,
SLP super bearishPlease see chart for more details. I am expecting a further downwards pressure for the next days and weeks. This will help Axies prices normalize. This will be a great time to buy Axies since we are expecting an oversupply of Axies in the marketplace.
Possible price targets are 0.2 usd and 0.15usd per SLP.
Thanks!
AXS is doomed at least for nowShooting star on daily AXSUSDT
Speedline break on AXSBTC
All indicates the end of bull run and be heading down from now on...
###NOT FINANCIAL ADVICE###
CRYPTO SHORT HUNTERits a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype.
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very high risk, because we couldnt define the resistance area before it reach ATH.
so, to define probability of the latest ATH is to combine many things!
1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme
2. combine with oscilator, define the trend reversal
3. draw important support line.
4. extra dicipline in stoploss!
AXS BEARISH FACTORS...All the factors that prove a bearish movement signal, are mentioned on the chart.
POSSIBLE LONG INCOMING On the 4hr we are deeply in oversold territory , so first possible retracement ....(long)
if price manages to respect the OB (chart patterns work and most liquidity is taken out,we will see a brief retracement
AXS Possible MovementsHi @everyone here is my TA on AXS/USDT on a 1h TF 07/17/2021 @ 7:16PM
- You will see a parallel channel ( large one ) which is an uptrend
- It broke down the lower trend line and complete a retest and got a rejection
- Then it continue to make a lower movement
- I'm seeing a similar pattern here but the difference, it's on down trend
- It can continue to go down further, possible target after 19usd is 17usd
- It can follow the parallel channel downward, unless we got a breakout, that would change the idea.
That's it guys! Take care! NFA, DYOR & TAYOR.
AXSUSDT ShortLooks like after a quite strong bull run and being super overbought, the bear run has gotten started for AXS, based on this TA we are gonna have a 5-3-5 ABC correction wave which the first wave seems to be finished, we're probably gonna be seeing some bull movement in the 4 hours timeframe since the RSI 40 is gonna act as a temporary support and and starting the wave B, but after that we will have a super strong bear movement to complete the wave C, which I assume the correction will go as low as 12 to 13 by the next week or two.
NOT FINANCIAL ADVISE
Please feel free to share your thoughts in the comments and if you liked the TA upvote it.
Crypto AXS USD (Can the parabolic move sustain?)Crypto AXS USD (16 July 2021)
This crypto is on fire as many are joining the fun by playing thr NFT game.
Now . $27 region is proven to the resisting factor and profit taking/Bear may come back if the price couldn't break UP that region.
By then, we shall see Bear candles soon. Ending today candle with the Bearish tone will be a good start.
My analysis is no longer valid the price stays above $27~$30 region.
Let's see
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looks like a short to meBroke trend line , on the hourly , stochastic shows room to drop. I expect a drop to around 19
