AXSUSDT trade ideas
AXSUSDT is creating a falling wedgethe price is creating a falling wedge on the 0.618 Fibonacci level on the daily timeframe.
the price lost an important support at 61.3 Weekly support.
How to approach?
The price needs to hold the 0.618 Fibonacci level and got liquidity for a reaction from that level. IF the price is going to flip the weekly resistance, 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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Follow the Shrimp 🦐
#AXSUSDT 1H Chart
Price previously broke through a major supply zone and it is currently bouncing off a major 4h demand zone after taking out the liquidity resting below the equal lows at $64. MACD is not clear, RSI is sold and EMAs are neutral. I expect price to move up from that area and continue with the bullish trend.
Axie (AXSUSDTPERP)in binance futures Buy ? Yes. if...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 the price touches my entry range, You can Buy.
📌AXSUSDT
Uptrend 📈
Buy trade
Entry: 49 - 59 $
Sl: 38 $
Tp: 70 , 100 , 130 $
Sug Leverage: 5
Risk: 5%
Will the ascension break the flag upHello my friend.
Axs is creating a big rising flag and I am expecting a rise like everyone else. I expect Bitcoin not to upset us and to give altcoins an opportunity to rise. I see a similar RSI formation as when Axs made its previous rise. Buyers are decreasing below the $62 zone, so I think it's early to talk about an upward move. If there is not enough volume, it may want to fall again as it did before. It would be right to wait for the breakout and follow it by taking profits (67-74-81 usd) on each Fibonacci resistance if it goes up. If bitcoin turns up, the $62 zone is a good area to buy, but if bitcoin goes down a bit more, $45 will be a better buy zone this time. Do not forget to follow Bitcoin and use stops.
If you like my idea, don't forget to like it or let me know if you have a different idea. It is not investment advice.
the hidden bullish formation is pointing to the $100 Axie Infinity Token is trading 11% higher today and the price action is forming a Poll and Flag formation on the daily price chart.
The daily price chart of the AXS token is looking above the green area of the Supertrend indicator. However, the coin saw a 150% increase in trading volume last night.
The EMA ribbon indicator is approaching a sit above the 200 EMA line, which was a short term bullish barrier. Thus, Stoch sees RSI below the halfway mark on the other hand simple RSI is going to test the overbought zone, which creates a bit of panic among the buyers.
As long as the Axie Infinity Token price remains above $60, buyers will continue the higher momentum. But still the price is below the 200 EMA line of the EMA ribbon indicator.
Support level - $45 and $35
Resistance level - $90 and $115
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (66.73).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 74.56
TP2= @ 79.67
TP3= @ 84.25
TP4= @ 90.96
TP5= @ 97.94
SL= Break below S2
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💡Don't miss the great buy opportunity in AXSUSD @AxieInfinityTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (66.73).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 74.56
TP2= @ 79.67
TP3= @ 84.25
TP4= @ 90.96
TP5= @ 97.94
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AXS: Rectanglemany altcoins have confirmed patterns and have already reached 50-100% of the target
there are still some a little late, but with the same probability of growth
one of the clearest formations is certainly AXS
confirmation of the rectangle, with closing above 72, would have as a target about 98, with a profit of 35-40%
AXS, big BULLISH FLAG breakout! Axie Infinity (AXS)! A huge hackers attack happened on a gaming project this week! About $622M was stolen! How will this affect the price? Let's find out!
Right now the price is in the descending channel. Also, we can say that this is a bull-flag pattern. According to the rules, when the price breaks this flag, it should grow by 46% and reach the target of $90-100!
We expect a test of the $53-58 value zone and a false breakout! If a BIG player will buy, we will see it on the big volumes!
Will the price go up or down after the HACK? Write in the comments!
Friends, press the "like" button 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.