Potential change on Trend .$44 has been a strong support for Axs & this key support has been respected on many occasions, still validated to hold..believing that the bulls will keep fighting to protect this area(a strong buy zone). Any breakout to the downside will indicate more selling opportunity confirmed by a higher volume of sellers stepping in at this area .on this trade am expecting a potential breakout around $48 & $49 with a higher volume indicating a buyers interest, this will rally the price again to $74 potential profit target. thanks
AXSUSDT trade ideas
Quie bullish situation here for AXSAXS has seemingly formed a rectangle price action. You can take advantage of this pattern by opening a long position/accumulating at 47.5 - 48 . Considering A/D is rounding down, it means that AXS is likely to increase to the upper resistance before eventually making a drop.
By the way, TP at around 70 , if you enter a long position.
Special analysis of AXSAXS is on his support area and is ready for a jump up, he may have a pullback down, but he will eventually go up.
If the number of followers reaches 100 this week, I will put pure analysis every day.
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🔥 AXS Reversal From Support Zone: Upside PotentialAfter seeing a big bearish move late last year, AXS has seemingly found support around the $45 area. Yesterday, AXS hit this support zone again and is now reversing from it.
Assuming that BTC will not drop further, we can expect AXS to see more upside potential in the coming days/weeks. Targets placed at recent highs. A move below the support area would invalidate this bullish reversal move.
Happy trading!
AXS Swing Trade reboot.The Bullish OB failed to hold on the last setup so we are reassessing and this is my perspective now.
I bought in large at 45, and I will add some more to my pot if we come back down into this Order Block.
We may not reenter this zone, so another entry idea is to buy the breakout of the trend line.
Not financial advice. DYOR. Use proper risk management when trading!
And... Have an amazing day :)
AXS, how to trade using KEY LEVELS? FREE education!Key Level. How can a common tool help you to earn more? Let's take Axie Infinity (AXS) as an example!
A key level is a local minimum or maximum. It can be clearly marked after a BIG price movement up or down (points of extremum). Key levels are often the price of 1, 10, 50, 100 dollars, because many traders pay attention to this numbers.
On the chart we have marked two key levels:
1. lower (for longs) - $44.68
2. upper (for shorts) - $72
When to open a trade:
1. on a test of the key level as support or resistance;
2. on false breakdown of the level.
IMPORTANT: IN BOTH CASES, VOLUMES MUST INCREASE! It`s an indicator that a big player opens a trade too!
Using the KEY LEVELS you could earn: +62%, +62%, +38%. Risk to reward for these trades from 1:7 to 1:14(!). It's a good statistic, right?
If you still have questions how to use the key level and what tools can be used to increase your profitability - write in the comments or to the DM.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
$AXS: A LITTLE POSITIVITYHELLO GUYS
-We notice that the price bounced from the ceiling of the descending channel and reached the mid-line.
This middle line formed in the past a very solid support line from which the price rebounded several times before it was breached, then it turned into a solid resistance line and also the price bounced back from it several times and then was breached,
Today, it turns into a support line, and here it intersects with a very old stubborn and solid support line.
-Will it break through?
-Will he bounce?
-Will it go horizontally above the support?
-Regarding the stochastic indicator, I noticed that whenever the price hit the old support line, the stochastic was at its lowest level and the price rebounded after that, (note the yellow vertical lines)
Axie Infinity (AXS) - April 10hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(AXSUSDT 1D Chart)
(buy)
- After confirming the support around 53.50
(Stop Loss)
- When it falls below 45.62 and receives resistance
(Sell)
- When resistance is received in the section 53.50-78.21
- When receiving resistance near 97.50
A whipsaw is likely at 53.50-78.21 as the indicators at 53.50 and 78.21 are inverted.
A move above 97.50 is expected to trigger a surge.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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