AXLUSDT 8H#AXL is moving within a falling wedge. Keep an eye on it. In case of a breakout above the 8H MA100 and pattern resistance, the targets are:
🎯 $0.7698
🎯 $0.8405
🎯 $0.9112
🎯 $1.0118
🎯 $1.1400
AXLUSDT trade ideas
AXL/USDTKey Level Zone : 0.7420 - 0.7470
HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
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HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
HMT v4.0:
- Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling
HMT v4.1:
- Enhanced take-profit (TP) target by incorporating market structure analysis
AXL/USDT: MAJOR ASCENDING CHANNEL - 85% PROFIT POTENTIAL SETUPTechnical Analysis: 🎯
- Trading within a strong ascending channel since August 2024
- Current price: 0.7145 USDT
- Price retesting major channel support - prime entry zone
Entry Strategy:
✅ Strategic Entry: 0.7007 USDT
- Perfect channel support confluence
- Higher lows pattern maintained
- Volume profile showing accumulation signs
Target Projection:
🎯 Primary Target: 1.3114 USDT (87% ROI potential)
- Channel resistance alignment
- Historical resistance zone
- Clear upward trajectory within channel
Risk Management (CRITICAL):
⚠️ Stop Loss: -4% below entry
- Protected by channel support
- Clear invalidation level
- Impressive 1:21.75 Risk-Reward ratio
Key Technical Factors:
- Ascending channel providing clear direction
- Multiple touches validating channel strength
- Price action showing healthy pullback to support
- Volume confirming key reversals at support
Trading Plan:
1. Enter at 0.7007 USDT
2. Stop loss at -4% for capital protection
3. Partial profits recommended at channel midpoint
4. Final target at upper channel resistance
⚠️ Important Notes:
- Channel trades require patience
- Watch for bullish confirmation at entry
- Volume confirmation crucial
- Always use proper position sizing
🔔 Remember:
- DYOR (Do Your Own Research)
- Risk management is crucial
- Market conditions can change
- Follow your trading plan strictly
#TechnicalAnalysis #AXL #Crypto #SpotTrading #ChannelTrading #CryptoTrading
Would you like me to provide alternative title options or elaborate on any aspect of this analysis? 🚨
TradeCityPro | AXL : Steady Uptrend & Potential Breakout Ahead👋 Welcome to TradeCityPro!
In this analysis, I will review AXL, the token of the Axelar project, which serves as a Crosschain platform and also features a blockchain explorer.
📅 Daily Timeframe: Uptrend and SMA Slope Change
On the daily timeframe, we observe a steady and gradual uptrend with a low slope. A clear ascending trendline is also visible, which has been tested by the price four times so far.
📈 The token has broken out of its box’s ceiling at 0.8318, but it hasn’t started its main bullish movement yet. A pullback to this level has occurred, and if 1.1281 is broken, the price could initiate its primary upward wave.
👀 Apart from the 1.1281 resistance, there is another significant resistance at 1.2781, located near this zone. Thus, the range between 1.1281 and 1.2781 forms a strong resistance zone, and breaking above this area could mark the start of the uptrend.
🧩 Given the upward slope of the SMA99, I believe we will soon see its influence, pushing the price higher.
🚀 If this zone is broken, the next targets are 1.6587 and 2.2828, with the second target being close to the ATH.
📉 Correction Scenario
In the event of a correction, the first key area is 0.8318, which has already been tested once and held firm. For deeper corrections, the initial zone to watch is the ascending trendline, and if the trendline breaks, 0.6386 becomes the next notable support.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
AXL prepares for key level breakoutAXL is a unique project to connect multiple networks. Now its price is quite attractive! There was a consolidation above the 50 EMA, the price continues to move to the level of 1.0872$, which is the key level. If this level is broken, we will see an incredible growth. My target at the 4$+ MACD area also signals the strength of the bullish trend!
Horban Brothers.
$AXL/USDT : Potential 5x growth
BINANCE:AXLUSDT
AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC (Polygon).
Meanwhile, Axelar has raised capital from top-tier investors, including Binance, Coinbase Ventures, Dragonfly Capital, Polychain Capital and others.
Rank: #106
Mcap: 642m $
ATH: 2.66 $
ATL: 0.3136 $
Current price: 0.788 $
Team just announced TON x Axelar partnership. TON blockchain will integrate Axelar's Mobius Development Stack (MDS) as an interoperability layer, connecting the TON Ecosystem with new builders, users + liquidity
Trend:
For the past 70 days we had higher highs and higher lows. Since we had a long term downtrend before these HH & HLs plus increase in on balance volume (OBV) but price is still below a key S/R level, I consider this move as an accumulation period. Key level is at 0.8 ~0.88 $ which act as supply area now
Ichimoku:
Price crossed above the cloud for first time in W1 time frame less than a month ago. Base and conversion line targeted for the possible pull back and buying opportunity.
RSI:
Strongly high just below the overbought level. Bearish divergence in RSI in D1 is obvious that signs for a pullback in short term. In W1 yet RSI gaining momentum and far from being overbought. This accompanied with trend analysis signs for a good midterm bullish rally.
MAs:
W1: Price successfully claimed EMA20 (0.646$) and moves above it. Not tested it yet and pullback to this level is a buying opportunity. D1: Price Supported by EMA20 and EMA50 so far but EMA200 hasn’t claimed yet. After 4 attempt to break this level it seems weak and might break soon. This breakout is a sign for bullish run and might not give us the buying opportunity. Closing a D1 above 0.8 $ is the confirmation and buy call for me.
Wyckoff method:
We’ve already seen SC, Spring and LPs and in final steps we observed SOS at local highs and, so Backup around 0.7 $ is ideal for breakout of accumulation.
🛒 Pair: AXL/ USDT 🛒
👑 Bitcharge 👑
🕰 18/10/2024 🕰
POSITION : 🟢"Buy"🟢
2 % of capital
Ex: Binance, MEXC, KUCOIN,
🛒 Buy1: 0.65 – 0.70 🛒
🛒 Buy2: 0.60 🛒 DCA
👉Sell Targets👈
🎯TP1: 079 🥉
🎯TP2: 0.89 🥈
🎯TP3: 0.99 🥇
🎯TP4: 1.09 🚁
🎯TP5: 1.24 ✈️
🎯TP6: 1.34 🚀
🎯TP7: 1.49 🛰
⛔️ SL: 0.54 ⛔️ by closing D1 Below
This is my personal idea about this coin and it might be wrong. As always, please DYOR.
Trading opportunity for AXLUSDTBased on technical factors there is a Buy position in :
📊 AXLUSDT
🔵 Buy Now
🪫Stop loss 0.7200
🔋Target 1 0.9900
🔋Target 2 1.3000
🔋Target 3 1.9500
💸RISK : 1%
We hope it is profitable for you ❤️
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AXLUSDT RWA In Buy ZoneAXLUSDT is in buy zone right now.
Clear daily trend breakout, higher high and higher low are shown the graph, this is very important and indicator of the start of uptrend.
Buy zone and targets are shown on the graph.
NFA.
The Banana Zone Series - AXL Buy the Dip Levels (10 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Axelar ( NYSE:AXL ).
As you can see in my analysis, pull backs to $0.7397 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $0.76 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
#AXLUSDT Getting Ready for a Massive Breakout | Get ReadyYello, Paradisers! Is #AXLUSDT about to break out and deliver a massive rally? Let's discuss the latest analysis of #Axelar and see what's happening:
💎#AXLUSDT is showing promising signs of a bullish continuation after a strong push from the critical support level at $0.463. We’ve been keeping a close eye on #Axelar’s movement within a Descending Broadening Wedge pattern, and now it’s making an attempt to break above the descending resistance line.
💎If #AXL can maintain strength at this level, we could be on the brink of a major rally, mirroring previous bullish trends. A clean breakout above the key resistance zone at $0.692 might open the door to even higher resistance levels—and possibly new highs.
💎But here's the catch: Caution is key. If momentum fades around this critical support, we might see a pullback toward the lower demand area near $0.368-$0.405.
💎A daily close below this demand zone would invalidate our bullish outlook and could signal further declines ahead for $AXL.
Stay vigilant, Paradisers, and keep a close eye on #TOKEN's price action.
MyCryptoParadise
iFeel the success🌴
Axelar (AXL) – A Cross-Chain Leader Ready for BreakoutAxelar ( NYSE:AXL ) is positioning itself as one of the most promising projects in the crypto space, delivering "secure cross-chain communication for Web3." The protocol offers a decentralized network and a comprehensive suite of tools and APIs to enable seamless cross-chain communication for decentralized application (dApp) developers.
With Axelar's focus on interoperability, it aims to become a crucial player in the future of DeFi and Web3, ensuring secure and efficient transactions across multiple blockchains.
Axelar (AXL) Technical Analysis
Who says that when Bitcoin (BTC) is in a downtrend, other coins can’t perform? Contrary to BTC's recent decline, Axelar has been breaking key resistance levels. The price recently surpassed the $0.80 barrier, following a base-1 formation, and has now established a small support level around the $0.85 resistance zone.
In the last few sessions, we’ve observed increased trading volume, suggesting strong momentum. This surge in volume could push prices even higher. Notably, AXL has also broken above the 200 SMA (Simple Moving Average), a major technical resistance.
Potential Targets
With this bullish momentum, the next key target we are eyeing is around $1.60. If the trend continues, further upward movement could follow.
Good trading to all!
AXL/USDT Analysis: Potential Long-term Upside from $0.46 - $0.56The chart indicates a possible bullish setup for AXL/USDT on the daily timeframe. The price is currently testing the support zone between $0.46 and $0.56, suggesting a potential entry point for a longer-term upward move targeting $2.1.
Detailed Analysis:
Price Structure:
AXL/USDT has been in a downtrend, followed by a consolidation phase near the support zone at $0.46 - $0.56. This range has acted as a strong support in the past, suggesting a potential base for a bullish reversal.
The price action in this area shows the possibility of an accumulation phase, which could serve as the foundation for a long-term rally.
Entry Price:
The ideal entry zone is within $0.46 - $0.56, where the price is currently consolidating. This support range presents a lower-risk entry point, supported by potential bullish momentum building in the coming weeks.
Target Price:
The long-term target price is set at $2.1, which corresponds to the previous major resistance level and aligns with the projected potential for a breakout from the accumulation zone.
Key Support & Resistance Levels:
Support: $0.46 - $0.56 (current entry zone)
Resistance: $0.93 (intermediate resistance), $1.52 (major resistance), and $2.1 (long-term target).
Risk Management:
Stop Loss: A stop-loss can be placed below $0.45 to limit downside risk, as a break below this level could invalidate the current bullish setup.
Trade Plan Summary:
Entry Zone: $0.46 - $0.56
Take Profit: $2.1 (long-term target), with potential intermediate resistance at $0.93 and $1.52.
Stop Loss: Below $0.45
Conclusion:
AXL/USDT is currently forming a potential bullish base at a strong support zone, suggesting a long-term buying opportunity. The analysis indicates a potential upside toward $2.1 if the support holds and the price breaks through the intermediate resistance levels.
#AXL - Set for a 236% Surge! #AXLUSDT is primed for a massive breakout from a falling wedge pattern, indicating a potential 236.07% gain. Currently trading at $0.5447, this setup offers an incredible opportunity to ride the wave up to $1.2826. Don't miss out on this explosive move!
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
Long AXLUSD ideasTrade1: Entry on demand area, above support (0.76), SL under support. TP: middle of the channel, depending on when the trade happens.
Trade2: Entry on low of the channel. 4h support. (0.67)
SL: under that support. TP: close to the resistance. Conservative: below. Expecting getting back in the channel , longer trade: above the green resistance
Short Ideas AXLUSDTrade1: Range Play . Entry top of the range. SL: above resistance. TP: in the demand zone.
Trade2: ChannelTop + Supply zone on higher timeframe.
SL: above the supply zone
TP: somewhere on support , middle of the channel.
AXL still has a great trade set upAXL on pull backs to 0.61-0.65 level presents a great position trade for the long term. I will be accumulating in any pull back. My initial price target is 1.26.
This is a 2 day chart so it will take some time to play out. Wait for the pull backs. Both Market Cipher and my modified MACD looks good for a long trade. This is not a financial advice. DYOR.
AXL/USDT Plan Axl/USDT is currently approaching a potential breakout from a triangle pattern, suggesting that a significant price movement could be on the horizon. If the breakout is successful, I anticipate a bullish trend in the coming days. It's important to monitor key resistance levels for confirmation. Remember, this is not financial advice; always do your own research (DYOR) before making any investment decisions.
AXL superbWhenever a Fbuy triggers then it's either a trend reversal or trend continuation. we've shorted after getting the Sell print and targets will be that blue line or the lower green line.
We had only two triggers this day. It was Rose and AXL
DYOR
AXL. 0.66. LONGThe token has a very large accumulation. No rollbacks. The buyer holds the price. In case of a breakout of the key level, a good impulse can be expected.
Descending Channel Breakout done!🚨 NYSE:AXL is breaking out of a Descending Channel pattern on the 1D chart, which is typically a bullish reversal signal.
📈 Entry Point: $0.60 to $0.65
🎯 Targets:
$0.78
$0.88
$1.28
$1.64
$2.38
🔄 Trading Options: NYSE:AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.50.
📊 About NYSE:AXL :
AXL (Axelar) is an innovative project in the crypto space, offering decentralized cross-chain communication for Web3 applications, enabling seamless interaction between multiple blockchain networks.
📢 DYOR, NFA
AXLUSDT 2DAXL ~ 2D
#AXL We would say Bullish on this Token once it breaks the resistance line of this descending pattern.
AXLUSDT Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
AXL has broken above an important resistance trendline, indicating a trend reversal from bearish to bullish. However, the actual trend reversal will be confirmed when AXL breaks above the $0.8837 resistance level.
Entry: $0.6436 to CMP.
Close Position: If the price breaks down and closes below $0.5664.
Targets: $1.275, $1.632, $2.374.
DYOR, NFA.
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