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AXSUSD trade ideas

AXSUSD No buy until this level breaks.Axie Infinity (AXSUSD) has been consolidating below the 1D MA50 (blue trend-line) since August 19 2022. This is so far a similar trading sequence to the fractal of April 02 - April 24, where the price dropped aggressively initially before having the consolidation that kick-started the sell-off of April - May. The current Support as in April, is the Higher Lows trend-line. A failure of the 1D MA50 to cross above the 1D MA100 (green trend-line) would strengthen the bearish bias as it failed also back in April. Also the Ichimoku Cloud has already turned red. As a result, a break below the Higher Lows would be a sell signal towards the bottom of the Channel Down. However, this time there is a strong indication that long-term bullish accumulation has started. That is the MACD on the 1W time-frame, which is on a Bullish Cross, the first since July 07 2021. This is typically formed before long-term rallies. Therefore, a break above the 1D MA100 can target the Higher Highs trend-line and the 1D MA200 (orange trend-line) in extension. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:AXSUSD
by TradingShot
AXS - Reminds me of Sandbox Last WeekI wouldn't dare buy this now. only over 14,2 or lower. Rejection is continuous and persistent with Tons of Resistance at 13.88 13.93 and 14-14.03 I am short.. just my humble opinion here. With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried. Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries. We be careful and hedged here. 12,35 is the next valid Major support level i can see and it is quite far away. One Love, the FXPROFESSOR
BINANCE:AXSUSDShort
by FX_Professor
AXS- 19,99$ in playBITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA: Weekends have been very weak the past months but this could change. After all, crypto adoption is a trend. Not convinced? well here it is: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin Regarding AXS: AXIE INFINITY’S AXS TOKEN IS A TOP ‘BUY’ OPTION FOR ETH WHALES : NOW www.analyticsinsight.net ''Axie Infinity is a popular NFT token flourishing in the highly volatile crypto market as well as the NFT marketplace. AXS token has made a prominent position in the e-sports industry by becoming a play-to-earn NFT or cryptocurrency game. The piece of good news for AXS investors is that Axie Infinity has been successful in gaining attention from a large pool of the biggest ETH whales amidst the crypto crash ecosystem. The goal of ETH whales is to maximize possible profit from the NFT game. Axie Infinity or AXS has become one of the top ten most-purchased digital assets in a daytime. At the time of writing, the current AXS price is US$15.19 with a market rank of 40, and a market cap of US$1,257,574,288.66. Axie Infinity performed very well in the highly volatile crypto market in June 2022 before getting hit by the crypto crash movement. Crypto analysts have speculated that AXS has a huge potential in the future for ETH whales to invest millions of dollars in it. The land staking feature in the Axie Infinity NFT game has made its sales jump to over 200%. It has successfully retained existing play-to-earn gamers as well as attracted potential new players after healing from the multi-million-dollar Ronin bridge hack in 2022. This surge in the AXS price has thrown a plethora of opportunities to ETH whales to invest and drive profit in their diverse portfolios. The land staking feature has attracted 90% of the land owners to stake NFT tokens for rewards in the form of AXS. ETH whales have also observed the US$1.3 million of NFT sales from around 23,100 investors with a dramatic 205% increase. Thus, Axie Infinity has become one of the top buy options for ETH whales. The NFT sale of Axie Infinity has created more popularity for the play-to-earn Ethereum-based game. It is transforming itself from a play-to-earn game into a play-and-earn game. ETH whales have looked into the week-over-week jump of Axie Infinity in the fluctuating crypto market to maintain a profitable wallet. AXS investors may experience a new battle system, visual upgrades, and all other exciting features so that players can customize and monetize the tokens as per their choices. Thus, seeing that Axie Infinity is one of the top buy options for ETH whales, it can be predicted that the AXS token is rising to its former glory before the hack. It has created a new type of job market enabling crypto investors a quick return in the NFT marketplace.'' My chart shows support i would like to Buy and the way i read the situation allows me to do so. DYOR or even better: tell me your opinion. One Love, the FXPROFESSOR
BINANCE:AXSUSDLong
by FX_Professor
1
AXS, a weekly rebound.The following are machine translations: In the weekly chart, the weekly line is currently stabilizing and rebounding, and the volume is gradually increasing. Since its launch last year, it has been rising in waves, and then it has been bearish all the way. The weekly line has stopped falling and closed continuously, and it is expected to bottom out and rebound. The indicator macd has golden cross for the first time since it went bearish, and the RSI indicator began to rise upwards in the bearish range trend. Summary: Comprehensive form and indicators, currently seen as a weekly rebound, bullish, is expected to be near 30.
KRAKEN:AXSUSDLong
by LochubT
AXS- Healthy Breakout and New MarketplaceAnother breakout, this time on AXS. Let's see if the price can go higher now. News: Axie Infinity Announces Launch of New Marketplace Upgrade Axie Infinity will deploy an upgrade to Axie Marketplace this August. The upgrade will support NFT runes and charms and use ERC 1155 standard. Due to this upgrade, all marketplace listings will be taken down, and players will have to re-list their Axies. Sky Mavis, the creator of play-to-earn blockchain gaming platform Axie Infinity, announced on July 19 the launch of their latest update, which is set to be deployed to Axie Marketplace from August 2022 onwards. This update will enable the marketplace to utilize the ERC 1155 standard, which will allow support for NFT charms and runes. Further, it will include performance upgrades to regulate the increased traffic that comes with periods of growth and adoption. As the common practice on most NFT Marketplaces, this listing will also be featured for a maximum duration of six months to combat NFT pollution. Due to this upgrade, all marketplace listings will be taken down. Those holding Axies that are currently listed will have to re-list them once the upgrade is up and running. Migrating the Axie listing requires ‘sign transactions’ from the Axie holder. Sky Mavis declared that they will be unable to do so as the creation of a mass re-listing tool would add more complexity to the launch and take up development resources that could be utilized on more important features, such as badges, upgraded bundles, and offers. Hence, this upgrade is believed to serve a much-needed reset besides paving the way to support NFT runes and charms. Some of the benefits this upgrade brings along are as listed below: Players who have listed their Axies will return to re-list and discover the recent updates to Origin Marketplace sales will not go into ‘blackholes.’ (e.g., players who have lost their private keys or left the ecosystem forever) The upgrade will enable players to re-assess the listings that were made in a dramatically different market environment. Apart from this announcement, Sky Mavis is also hosting Axie Infinity’s latest breeding event, Lunacian Summer, in the Lunacian metaverse from July 14. The event will last for 50 days (till September). According to the team, automation breeding is prohibited during this period. This breeding event, launched in 2018, has given rise to a remarkable generation of breeders and collectors for two consecutive years (2018 and 2019). Meanwhile, Sky Mavis is also preparing the long-awaited game reboot, Axie Battles V3 (AKA Axie Origin). One Love, the FXPROFESSOR
BINANCE:AXSUSDLong
by FX_Professor
7
AXS 1H Long IdeaBullish low time frame structure on 1H chart with consecutive higher highs and higher lows - therefore long bias for short term trades. One hour bullish orderblock identified which is confluent with POC (red line). Wait for retest then long to nearest swing high, with potential to stay in trade to ride further uptrend. Not shown on chart but EMA 26/50/100 are all sweeping upward and placed as support on 1H chart - potentially meaning that price will not retrace back to my entry, but we will see. Stop loss at nearby swing low.
FTX:AXSPERPLong
by LonsdaleDLM
Profit from AXS shorting goes to AFFYN bag 💰🐣Hello fellow traders, AXS was one of those 'Go short' trades'. One can simply buy the dip in this kind of situations. Instead I have decided to use this new budget into getting more AFFYN. Why FYN token of AFFYN? Simply because: -AXS and AFFYN are related. They are both metaverse PTE tokens - AFFYN has room to x250 if it will ever catch AXS - I believe it will catch AXS in the next 2 years Just my thoughts..no advise here. Feel free to do your own research One Love, the FXPROFESSOR
BINANCE:AXSUSD
by FX_Professor
6
Detailed Analysis - BTC, ALTS, NASDAQ, APPLE + EMPLOYMENT DATAIt came out being a Long video: BTC looking great ETHEREUM and some ALTS looking bad Few ALTS look promising on new support levels Bitcoin dominance looks like it will fly Nasdaq is unclear, we wait for opening APPLE is under 2 resistances and it's a key chart for what happens next Data in ASIA and CHINA are good but Euorpean data sucks at the moment and the key afctor will be: USA NFP THIS FRIDAY! Why is employment key? Because of this: One Love, sorry for Long video
BINANCE:AXSUSD
by FX_Professor
6
AXS - Market is NOT Looking good atmAXS is one of the charts that keep us worried about the next hours/days as the prices have failed to have a proper rebound and are close to check again some of their key support levels. That level for AXIE is the 19.99 (call it 20$) mark. If that breaks then technically the next support is way lower at 13.8$ Scary.. be on Alert as the market might take another dive. Always advisable to have some short positions on and ours right now is on AXS..Just like with Luna: We are not saying that AXS will go to zero but we ARE saying it can go to 14$ if it loses the 20$ Always hedge. One Love, the FXPROFESSOR
BINANCE:AXSUSDShort
by FX_Professor
13