AXS/USDT its time to breakout Hey traders,
Lastly we looked at AXIE Infinity. We see a nice breakout possibility of breaking out that sideways path. We expect the price to react to $18 by the end of this month from where we should witness a pullback. If the volume will be strong then we might surpass $18 zone and move higher.
P.S - if we break $12 zone one our way from pullback then we would take out the trade and wait for the next opportunity to enter.
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AXSUSDT trade ideas
AXS/USDT: Last drop expected before bullish reversal---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
AXS/USDT: Last drop expected before bullish reversal
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets AXS suffered about negative global market situation especially the recent underperformance in Metaverse industrie
- AXS is expected to do a last drop in excess to triggered the bullish divergence on going.
Market configuration
- Graphical Elements :
Graphical Resistance = 54 & 166
Graphical Support = 13,50
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market at 35,40 = Bearish
RSI indicator (below) is on going divergence = Bullish reversal
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) is set at = 17,90
Fibonacci resistance of the wave in progress = 35
Fibonacci support of the wave C (B)(max extension) = 13,50
Fibonacci Bullish Target = 54
Conclusion
Preferred case => Regarding the mid-term element, AXS is expecting to print a last drop before reversing up sharply as long as 13,50 remains support in order to test and surpass 35,00 first before reaching 54,00
Alternative cases => Breaking 13,50 a significant drop will open the door towards close 0 = crash
📈AXS: the DUMP is still possible! But what after this?Axie Infinity is the famous game-fi project and top gainer of 2021. Ans it`s a problem for the price because lot`s of retail traders buy this coin and now almost liquidated.
The liquidity collection under the key level of $12.20 is highly possible. Why it could happen:
1. Lot`s of coins were bought in the $19-22 accumulation area. The horisontal volumes confirm it.
2. Additionally, the whales sell lots of AXS at the previous pump. Maybe, some traders don`t want to miss such "opportunity" and trade without trading strategy.
The volume indicator confirm this big buy also.
This both number of long traders become the fuel for such dump.
After the false breakout of key level and squeeze to the trendline the breakout is highly possible.
The targets for this trade:
1. $16.4 - key level
2. $19.5-22.4 - this value area become the huge resistance for the price.
Bloomberg said that the game is almost scam because dont want to pay it`s players. How do you think, if the famous news write about some coin news it`s a first bullish sign? Write in comments your thoughts about AXIE.
💻Friends, press the "like"👍 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.
AXS - Axie InfinityAXSlooking prime for another drop to $9, after a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Bearish)
- Weekly Stochastic RSI (Bearish)
Enjoy from Axie (AXSUSDTPERP)I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If you sell it, you would make a profit...
📌AXSUSDT
♥️✅Target2 achieved ✅♥️
💰More than 54.93% safe profit
💰With my Sug Lev : 329.58%💰
💰Net profit at 5% risk per position : 16.48%💰
In less than 16 days⏰
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AXS (Axie Infinity Shards) - AnalysisHello to all members of TradingView and my followers.
AXS is still on a downtrend; this is the ninth week in a row that candles have been recorded on the chart. The price is falling again towards the lower support, reacting to its resistance in the range of $ 23. The first support is $ 16.85, and the main support is $ 9.86 to $ 14.4, which is expected to hit the second support due to the high pressure of the downtrend. This support is for weekly timeframes, a full reversal, and the start of a new uptrend. The price can even drop to $ 10.
Even if the bearish line is broken, we expect a bearish trend between the weekly support and the $ 25 resistance in the medium term. The Ichimoku indicator in the daily timeframe has not yet issued a signal of price growth. It only indicates that the first support is the range associated with the reaction. But in the 4-hour timeframe, if we see a return above $ 18.5, I expect the price to rise to around $ 21.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
AXS - Someone is collecting a big positionReasons to take short
⭐️ We are in a bear trend
⭐️ Level is clean
⭐️ Level is 13 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ Trading near the level for a couple days
⭐️ 4th touch
⭐️ 40 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AXS - Example how one candle can change direction of a tradeFollowing my last idea on AXS, where I wanted to short this formation, now I am looking to long it because of the candle down with wich marketmaker collected liquidity.
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
$13 by July - DAU is down to 580k playersSee by the graph we are approaching $5 to $13 by July.
I am worried the APY is 100-500% which is higher than what Luna was offering. Just be careful when APY is very high. When everyone pulls out it can crash quickly.
Player numbers are down to 580k and losing around half a million per month or approx 100k per week.
There is no money to earn playing the game so it is just for fun now.
Inflation is 20:1 on SLP token which is approx minting 30M to 3M which is 10 to 1 ratio. That ratio of inflation is unsustainable in any system.
DYOR
Trading opportunity for AXSUSDT Axie InfinityBased on technical factors there is a long position in :
📊 AXSUSDT Axie Infinity
🔵 Long Now 19.75
🧯 Stop loss 18.70
🏹 Target 1 20.20
🏹 Target 2 20.80
🏹 Target 3 21.50
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
AXSUSDT ready for the breakout?The price tested the 1.272 Fibonacci Extension on the daily support (16.6$)
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
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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