AXSUSDT trade ideas
AXS: Channel Down BreakoutAxie Infinity (AXS) technical analysis:
Trade setup : Price appears to have broken out of a Channel Down pattern, which could signal a trend reversal with upside to $13.00 (start of Channel). Conservative traders could wait for a confirmation of breakout – if price breaks above 200-day MA. Stop Loss level should be set below the prior swing low of $7.00.
Pattern : Price is trading in a Channel Down patternWith complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10 (previous support), then $15.
AXS | Looks Promising here..!!
#AXS Looks Promising here 🔥
Pretty Solid Consolidation in Descending Channel.
Seems like Bottomed out & Ready to Fly.
In Case of Breakout, Expecting +400% Bullish Rally in the Midterm..(Patience Needed)
It's important to maintain a Disciplined and Patient approach to investing in order to achieve Long term Success.
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AXS Short to fill FVG and bullish OBI had made this earlier today but had forgot to post it, hope you get an additional entry<33
Similar to a KAVA play I made (linked below)
And similar to my MATIC play from yesterday (linked below)
The circle that is drawn is based from a lower timeframe confluence analysis (top-down analysis is my prefered method)
This play would also have confluence with a smart trader named plancton0618! (link below)
AXS Buy TimeHello Traders!
Welcome back to another trade with analyst Aadil1000x.
AXS is ready for a nice breakout and this will take AXS to at least 8.331.
AXS Buy Now @ 8.097
Stoploss 7.917(-2.18%)
Target 1, 8.331(+2.9%)
Final Target 8.589(+6.08%)
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AXS/USDT Waiting For Upper Entry ZoneHey, guys ✌️
AXS/USDT pair is next on our watch list today. We are looking here for some bullish movement inside that triangle formation which could result the price to test that $9.35 zone (Where is also sitting the 100EMA zone). From there on we will try to look for good short position with potential rejection of that zone!
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
AXSUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower
Targets: 12 - 15 - 17 and maybe even ~20
after first target reached move ur stop to breakeven
Stop: ~6.7 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 7
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
An analysis of the working style of phantom tradingFriends, pay attention, even though it has a strong type of liquidity, i.e. it has induced liquidity and it increases the percentage of the zone, but in my opinion, all three modes of confirmation means choch breaker block.And I drew the market structure shift for you, try to enter with confirmation
AXS (Axie Infinity) AXS is an Ethereum token that powers Axie Infinity, a blockchain-based game where players can battle, collect, and build a digital kingdom for their pets. AXS holders can claim rewards for staking their tokens, playing the game, and participating in key governance votes. Axie Infinity is a non-fungible token-based online video game and is widely popular.
IMO AXS has just completed a impulsive 5 wave sequence and and healthy correction is expected with the targets on the chart!
AXS/USDT Possible Outcome To HappenHey, guys ✌️
AXS on bigger scale seems to be going for another 5-6% drop. From there on we expect another major drop but before we reach this zone we might see some "fake-outs" so keeping an eye on this one!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.