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AXS / TetherUS

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AXSUSDT trade ideas

$13 by July - DAU is down to 580k playersSee by the graph we are approaching $5 to $13 by July. I am worried the APY is 100-500% which is higher than what Luna was offering. Just be careful when APY is very high. When everyone pulls out it can crash quickly. Player numbers are down to 580k and losing around half a million per month or approx 100k per week. There is no money to earn playing the game so it is just for fun now. Inflation is 20:1 on SLP token which is approx minting 30M to 3M which is 10 to 1 ratio. That ratio of inflation is unsustainable in any system. DYOR
Short
by smartestcookieinthejar
AXSUSDT ready for the breakout?The price tested the 1.272 Fibonacci Extension on the daily support (16.6$) In that area the price got liquidity and retested for a new local bullish impulse. On the 4h timeframe the price tested the 0.886 Fibonacci level below the 4h resistance. How to approach it? The price needs to create a new breakout from that area and retest the current resistance as new support, 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 🦐
Long
by InkyGrip
4
AXSUSDT - Bouncing From Strong Support | +25% Move ExpectedAXSUSDT - Bouncing From Strong Support | +25% Move Expected AXSUSDT is now trading on its very strong support zone 17.62 and has created a Morning Start Pattern. We can open a long position now; Entry: 18.42 - 18.65 TP1: 19.50 TP2: 20.57 TP3: 21.84 Final Target: 23.56 Low Risk: 17.56 | 4.67% High Risk: 16.20 | 12.5% Expected ROI: 25% - 27% NOTE: Do your own analysis. Take a low risk. Do proper risk and money management. Respect your stop loss.
Long
by unitsol
1
🔥 AXS Losing ~99% From The Top: Long-Term Trade PotentialA month ago I made an analysis on AXS. In this analysis I argued that AXS was likely going to see more bearish price action. And indeed, since my last AXS analysis this token has lost around 2/3rd of its value, bring it well below my bearish targets. At this point it's becoming clear that there's no hope for the bulls anymore this cycle. Best that the bulls can do it let AXS dump and wait for a better entry. As far as I'm concerned, I'm looking at the $8 to $2 for a potential long-term entry. Wouldn't even be surprised if we go below $2 in the coming months. Patience is key.
by FieryTrading
3