AXSUSD - Waiting for diagonal/horisontal supportKinda love this coin, just because when she decides to go, she GOES. Also like the fact that we are approaching 2 different supports - lets see.
OPEN: 6
S/L: 5.6
T/P: 7.59
R/R: >3
AXSUSDT trade ideas
Axie Infinity was OVERHYPED, and I'm SHORTING it!Without getting into too much detail, I was one of the losers that jumped onto the Axie Infinity hype way too late. And I got burned. Now I want my money back and I'm shorting it.
It's a terrible game in my opinion. It's performing much worse than the rest of crypto and is sitting at supply.
I see two things happening. A big drop here from 6.661, or an extra pump up to 7.5, sweep, and a big drop back to new lows.
KUCOIN:AXSUSDT to the ground :/
This post is intended for education only. It is hypothetical and by no means financial advice. Trading is risky and consultation with your financial advisor is always recommended prior to investing or trading.
AXS RSI breakout doneNYSE:AXS RSI breakout done!
there is also a weekly bullish divergence
now it's time for a price breakout
Resistances@ (9,13,18,29)
$13-18 is not looking too far away
don't ignore like and follow for more updates
#BTC #BullMarket
AXS LONGEz long even though 1RR pretty much.
Pretty evident that it will fill out the gap at the $7 dollar mark
AXS Axie Infinity and the Altcoin Season ThesisIf you haven`t sold the speculative bubble:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including AXS Axie Infinity, for which my price target is $8.00.
Looking forward to read your opinion about it!
AXS Long & Short Setup TogetherOKX:AXSUSDT.P
Careful long till the price level of 8 with tight stops.
After long completion short will follow for 4rd wave correction and it will probably be the price level of 7...
Good Luck Everyone.
May the force be with you.
AXSUSDT Potential Short-Term Trend Reversal💎#AXSUSDT is finally showing higher highs and higher lows, indicating a potential shift in the short-term trend towards bullishness. However, it's important to keep in mind that the long-term trend remains bearish, as #AXS is still within a descending channel.
💎When looking at the support and resistance levels, price has been oscillating around the 50% Fibonacci support throughout the week, with bulls successfully defending this level so far. On the other hand, the $6.5 resistance level has been held by sellers. Considering these factors, it's reasonable to expect range-bound trading in the coming days. However, given the proximity of the price to the Fibonacci support, buyers may find a favorable risk/reward opportunity.
💎Bullish invalidation would occur if there is a break below the recent lower low at $5.4, while the next key resistance level is at $7.1. The significance of the $7.1 resistance is derived from its confirmation by two Fibonacci retracement levels, the Volume Profile indicator, and its alignment with the top of the descending channel.
Stay vigilant, Paradisers, as we monitor the dynamics of #AXSUSDT and await a decisive move that will shape its future trajectory.
AXS/USDT SHORT💡My Vision of a BingX TRADE IDEA💡
AXS/USDT 4H SHORT High Risk According to my analysis;
Entering at the 0.382 Fibo this time coincides with the 55-day moving average and the 20-day moving average in the 12H chart, heading towards confirmation of a trend change in the 4H chart to seek a healthy retracement in the 1D chart.
H4 Rising wedge 6.8 -> 5.05this is obviously an incomplete pattern. let's see how much of this plays out. :P
$AXS (SWING TRADE)AXS seems to be following the ascending channel and trend line clearly. From my bias I think we’ll have a liquidity sweep to fill up the imbalance at $5.8 -$5.25, which will create an upward movement. Market structure still looks bullish on the 4hr tf.
Long position between $5.8-$5.725 while we target $6.4 as our TP.
#NFA #DYOR
AXS - Weekly trendline already broken!For AXS, I have identified a beautiful cup & handle pattern, and we have already broken the weekly trendline. I anticipate a potential upward breakout, which would be a bullish move. Please note that this is not financial advice.
AXS shortAXS bounced off the resistance level. Asset bounced off the descending trendline. Bearish movement to support level at 4.75 is possible.
AXS/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to the AXS/USDT trade setup.
AXS looks good here. Breaks out from the cup and handle pattern in 4hr time frame and currently retesting the neckline. After this successful retest, we can expect a good 30-35% move to the upside. Long some here and add more in the dip.
Entry range:- $6.10-$6.25
Target1:- $6.80
Target2:- $7.44
Target3:- $7.86
Target4:- $8.30
SL:- $5.90
Use low leverage (5x-6x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
AXS/USDTAXS broke out of daily trend line with a retest, volume will come after rejection, then we headed back to old highs
AXS/USDT long positionAXS/USDT long position
Buy 6.707
DCA 6.37
Tp 7.12
Tp 7.50
Tp 7.80
Tp 7.99
Sl 5.69
Axs Breaking Out Seems Like Getting Ready For Solid Recovery Decent Volume Coming In
While Breaking Falling Wedge In 3 Days Timeframe Expecting Massive Breakout Soon
Incase Of Successful Breakout Expecting 250 - 280% Bullish Wave
Try to Break out the long bearish channelAXS is trying to break the long-term bearish channel. if we haven't the fake breakout, the price can start the bullish trend. we see that MACD goes to zero, i hope that price can goes away from bearish channel, first resistance is 7 $ and after that, we can see 9 and 10
✴️ Axie Infinity | Going Down Or Still Bullish? (Let Me Explain)We have a situation with Axie Infinity and this is valid also for other altcoins, so please, allow me a few minutes to explain.
(Make sure to like/boost, comment and follow)
Let's get started!
Currently, we have a strong bounce on the initial recovery after the mid-June low but here we see a rejection at EMA50 and prices also moving below the Nov. '22 support, this is worrisome.
Now, the market needs time.
The Altcoins need time.
The pairs need time.
The multiple months long low is a strong move and once such a deep hole has been created, a relief rally is expected in the least.
Prices can't grow straight up so we should expect to see some kind of fluctuation.
The bullish signal comes from Waves, Bitcoin Cash, BitcoinSV, Bitcoin, Ethereum, Aave, OMG and all those pairs that produced this same exact pattern but already moved ahead.
While these pairs are stronger, if we have patience, we can see the others resume growing in a matter of days.
"What one does, the rest follows."
In the case that things go wrong, we always have a plan and so close a position/trade if prices move below support or buy more as an accumulation strategy, your choice.
Just explaining this situation because I know things can change fast and also moods but short-term moves are only noise.
If support levels remain intact, we can wait patiently until the next leg up shows up.
Namaste.
AXS/USDTWhat Is Axie Infinity (AXS)?
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
To learn more about this project, check out our deep dive of Axie Infinity.
Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.
Seems Like Axs finally ready for 30$Seems Like Building up for Massive Breakout Over all formed Descending Channel in 3 days Tf Incase Of Breakout expecting Move Towards 25 to 30$
📉 Downward Channel & Weekly Bullish Divergence on $AXSHey traders! Today, I want to discuss an intriguing chart pattern I've identified on NYSE:AXS (Axie Infinity). Let's explore the downsloping channel accompanied by weekly bullish divergence and assess its implications for potential price action. 📊💡
Pattern: Downward Channel & Weekly Bullish Divergence 📉🔽
Symbol: NYSE:AXS 💰
Overview:
A downsloping channel is a notable chart pattern characterized by a series of lower highs and lower lows. Additionally, the presence of weekly bullish divergence further strengthens the potential for a reversal. Let's delve into the downsloping channel and bullish divergence on NYSE:AXS in more detail. ⚡💹
Key Features of the Downward Channel & Weekly Bullish Divergence on NYSE:AXS :
Channel Formation: Observe the well-defined downsloping channel, which consists of a series of lower highs and lower lows. This indicates a prevailing bearish trend. 📈📉
Weekly Bullish Divergence: Notice the bullish divergence forming on the weekly timeframe, where price creates a lower low while the corresponding oscillator indicator forms a higher low. This suggests a potential shift in momentum. 🚀📈
Trading Strategy:
Entry Point: Consider entering a position once NYSE:AXS breaks out above the upper trendline of the downsloping channel, supported by the confirmation of bullish price action and the weekly bullish divergence. This breakout could signal a potential trend reversal and the start of an upward move. ⬆️💰
Stop-Loss: Implement a stop-loss order below the recent swing low or below the lower trendline of the channel to manage risk and protect against potential downside. ⛔️📉
Target Levels: Identify key resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. 🎯📈
Risk Management:
Maintain proper risk management techniques, including position sizing, setting stop-loss orders, and adhering to your trading plan. Be aware of the risks associated with trading cryptocurrencies like $AXS. ⚠️💼💡
Disclaimer: Trading cryptocurrencies involves risks, and it is crucial to conduct thorough analysis and seek professional advice before making any investment decisions.
#DownslopingChannel #BullishDivergence #AXS #AxieInfinity #Cryptocurrency #TrendReversal #TradingStrategy #TechnicalAnalysis
In conclusion, the downsloping channel and weekly bullish divergence identified on NYSE:AXS indicate a potential reversal in the making. However, wait for a confirmed breakout above the upper trendline and validate the bullish price action before considering any trades. Stay tuned for further updates on $AXS! 💹🚀
(Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
AXS SHORT POSİTİON Here is the chart i trying my self i'm a student now. Not a financial advice.DYOR
Put on your diving masks!The tool does not have time to fulfill its goals, because the global trend of cryptocurrencies is coming to an end. I expect that we will not have time to complete the goals and will go down
Regards,
Eugene
