AXSUSDT trade ideas
AXSUSDT BAT FORMATIONBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
AXS prints a triple bottom patternIf you look at the 4h time frame chart of AXS you can clearly see that it successfully completed and confirmed the triple bottom pattern breaking out the resistance line.
I will consider to wait for a pullback and enter a long at 14.02$ with an stop loss at 13.43$ and i will take profits at 16.62$.
AXS fall to the bottom again🔥 Best entry point here!Hi friends! AXS move in the falling wedge and can breakout it after some pullback to the lower boundary. It will be good to see some trap with wedge. 🔥The long and short traders will be trapped, if the price will fall below the wedge and become the fuel🔥 for futher growth:
1. stops of long traders will be activated
2. sell limits of short traders will be activated also
🚩 After this, the price can pump and liquidate short traders. The long traders who were trapped will try to open their long on this impulse but iopen it at highs. Always the same.
📊 Preconditions to open a long:
🔥 false breakout of the falling wedge down or test the lower boundary of this wedge
🔥 volume growth which confirms the pressence of buyer and our scebario with trap long and short traders
🔥 bullish BTC help all the ALTs make a huge pullback
DOM and Footprint tools that i use fot scalping and swing trading show me the real orders of the BIG players which will accumulate AXS at the bottom.
📊 The targets:
1. $19.7-22 - the closest value area and resistance
2. $28.6-30.3 - the value area and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Huge Sell Opportunity What's good TRADINGVIEW family, I spotted a profitable Bearish Candle on (August 20, 2022), that has the potential for a 46.02% return on investment. (Here are my 3 reasons)
*This bearish candle has these 4 principles - 1. The (RED MA) is above the bearish candle and (BLUE EMA), 2. The Bearish Candle has a flat top, 3. The Bearish Candle is below the Ichimoku cloud, 4. The previous wick of this Bearish Candle is greater than the last bearish previous wick.
2. This Bearish Candle has 4 effective indicators which increase the probability of a successful sell trade
3. This Bearish Candle has 3 advantages over the last bearish candle
1st Advantage = The (RSI INDICATOR) ON THIS BEARISH CANDLE IS LOWER THAN THE LAST BEARISH RSI (5), BY 2
2nd Advantage = The (DMI INDICATOR) ON THIS BEARISH CANDLE IS GREATER THAN THE LAST BEARISH DMI (94), BY 4
3rd Advantage = The PREVIOUS WICK OF THIS BEARISH CANDLE IS GREATER THAN THE LAST BEARISH PREVIOUS WICK (5), BY 6
*2 RESISTANCE LEVELS - WHICH THE PRICE OF AXS HAS RESPECTED THAT WILL PROTECT THE PRICE FROM HITTING MY (S.L)
(SHORT POSITION)
Entry Price: $14.78
Stop Loss: $15.92
Take Profit: $8.34
Position Size: $200 (invested)
Buomkuoth Reath - August 29, 2022 - 9:05pm
🔥 AXS Classic Bear Flag Break Out: Wait for Confirmation!With BTC dropping, its to be expected that alts will follow.
AXS is one of the weakest alts of the last couple of months, so the expectation is it will continue the bearish trend.
After breaking out of the bear flag, AXS has one more obstacle to clear before we can move down, which is the purple Area of support.
A daily close below this area will most likely be the starting signal for more bearish price action. Be patient for the break out. Targets placed at $10 and $9.
AXSUSD LONGPossible upward movement of the pair. Price is currently in the trading zone with significant volume holding a significant stop near the pivotal 55 period EMA in my trend continuation analysis strategy. I see a pattern known in my strategy as the ABC pattern, which indicates a range close to the EMA, for a possible continuation of the uptrend, in this case, through its wave C, which matches from my strategy with a it comes from the price to the 55 period EMA on the bounce on the 4-hour chart. We see the accompanying indicators such as the Squeeze Histogram of Momentum and MACD with bullish directionality accompanied by the loss of strength of the previous move higher in robot, indicated by the ADX below the 23 level. We see a possible selling pattern in the MACD lines. In one-hour timeframes we see important rejections close to the 55 period Ema, also being in a trading zone with significant volume and possible buy signal patterns. I think it is quite possible to move higher on a break of the previous highs and continue its trend. You will see the development of the pattern and the confirmation of the trend change to up.
AXS/USDT Soon will be good to joinHey Colleagues,
Today we came across AXS /USDT again. We see that four last Daily candles have been telling us about some big movement,. Risk is big so thats why we set stop so close!! But the outcome could be very sweet. We think that price should reach $18.75 so that it would try top break that zone there!!
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.
AXS (Analysis)Hello, dear TradingView members.
AXS was downtrend last week. After several attempts by buyers to break the resistance of $19, the price hit a higher resistance at $20. Due to breaking the resistance of the $19 range, the buyers tried to turn this resistance into support. But it was immediately accompanied by selling pressure, and the trend reversal started at $20.
The support range drawn on the chart at the price of 13.5 to 14.1 dollars has been associated with a good reaction, but you should note that if it returns to the top, it is possible to reduce the price again. More important support is drawn in the chart's $11-12 range. In case of increasing selling pressure, there is a possibility of price reduction to this range. Ichimoku indicator lines can also show the price of $16.5 as resistance. Therefore, the current week's price trend can be between these ranges.
Good luck!
AXSUSDT is testing the 0.618 Fibonacci LevelThe price is testing the key support on 15.60$ area where the market has 0.618 Fibonacci level.
On the daily timeframe, the price created a double top on 20$ area.
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
AXS\USDT 👦Adam and Eve👧🇺🇸Hello friends👋.
📈Long: 5-10% of deposit
🔴SL: $16.19
🟢TP: 23.91$
The figure of Adam and Eve has formed, pay attention to how much this instrument was bought back when the price fell below the level, there could be a good growth, long!📈
If you liked the idea, I will be grateful for the likes and comments!
Is AXS going to skyrocket soon❓Hi friends! AXS was a top gainer of 2021 and even in this market conditions make +70% from it's bottom.
Actually it`s look like a big accumulation range at the bottom and now we can see the exit out of this range. As you know, breakout of the range is leading to the pump of crypto so we shouldn't miss this movement.
ADA had the same base and now it`s on the way to my targets. Subscribe and check the previous ideas!
The big guys buy this alt at the bottom as you can see at the volume indicator.
📊 Here are the preconditions to open a long:
🔥 squeeze to the $20-22 value area
🔥 whales orders to buy which DOM and Footprint indicators show
🔥 possible trap (shake out) to collect long traders sl
🔥 bullish BTC help ETH to reach all the targets
The max-min profit for this movement at least +20-60% but it`s not even the long term target.
📊 The targets:
1. $22.7 - key level, you can close here 30-40% of long and fix profit+set sl at breakeven
2. $28.5-30 - value area, closest resistance and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.