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AXSUSDT trade ideas

AXSI was hesitant to share this chart and it is not something I own or am currently trading (I have enough alt exposure). AXS was effected by the Ronin Bridge hack, so there are some real reasons to consider avoiding this ecosystem altogether. That said, Sky Mavis is refunding anyone affected and nothing has fundamentally changed about Axie Infinity, which made a huge move right before the news, breaking through the key blue resistance with major volume and power. Sometimes the FUD is a great opportunity to buy a dip that you would otherwise not have seen. Solana had the Wormhole hack and has performed exceptionally well since. This could be a similar case. We have a clear bull flag forming, with price bouncing off of support at $61.32. Buying that support is one strategy. Buying a breakout of the flag top is another. It depends on how you trade. Either way, we have a significant breakout (blue line) on volume, a huge move, and bullish consolidation into support. Take the hack and news out of it and this is a good looking chart.
by ScottMelker
1
AXIS IS ON STEROID BUT PULL BACK IS IMMINENTThis asset has seen a great upward force lately, this has helped push the price of this asset positively. AXS is currently at FIB23.6 and it may act as a resistance if the buying force is not enough to breakthrough. I took profit today on my short term investment Axieinfinity with a whopping 40% return on investment. My next TP will be at FIB38.2 which is around $90. I am bearish for now. trade with care. Kindly like, comment and follow.
Short
by ForexClinik
🔥 be prepare for the next AXS big pump 🔥Hello traders 🐺 . around 2 weeks ago , I was look at the AXS chart and realize that the AXS have a very good chart for opening long position but at that time , price still needs to broke above the daily resistance line ( blue trend line ) , so I closed the AXS chart but unfortunately completely forgot about it , and today when I was scrolling in my watch list accidently was click on the AXS chart , at that moment I said oh man what a trade you miss 😂😢 . but it's seems that price still can't break above the daily structure and currently is in the flag pattern , which as you know a bullish continuation pattern , so we can trade based on it and the W pattern formation and take advantage of a big pump ; so let's talk about the pattern : 1_pattern : As you can see in the chart above , AXS is trying to break above the daily resistance (blue box) which is also the neck line of the W pattern and the interesting fact is that the AXS currently forming a bull flag which is more obvious on the 4H char t : 2_EMA Ribbon : you can see that EMA Ribbon currently is flipping bullish and this a good news for the AXS holders , or bulls and it's seems that price is trying to retest the EMA Ribbon and also the purple support box . 3_TSI & RSI : In the RSI value we had a bullish divergence which is a good sign for the AXS bulls and last days pump is because of that divergence which is showing us that the bulls is trying to reverse the AXS trend and also we can see that the TSI is breaking above the zero line which is also a bullish signal . 4_price targets : W pattern price target : as you can see the W pattern price target is around the 0.618 Fibonacci level , but this is a mid term price target for the AXS but about the short term price target I can say that the next level of the resistance for the AXS is around the 0.382 Fibonacci level which is also the bull flag price target : This is not a Financial advice and always trade based on your trading strategy ; have nice day my dear friends .
Long
by Kiu_Coin
6
AXSUSDT is creating a bull flagthe market tested the weekly resistance on 72$ after a nice breakout on the dynamic daily resistance. On the 4h timeframe the price is creating a bullflag below it, and the price could retest again the weekly support on 61.60$ At the moment the price is suffering about the hack. Axie Infinity (AXS), the native token of the eponymous videogame, reversed most of its recent rally after hackers stole more than $600 million from the Ronin Network blockchain that runs the game. RON, the native token on the blockchain, also slumped in value. How to approach? The price needs the breakout from the bullflag on the 4h timeframe, we could see a retest on the 0.618 Fibonacci level where the market has the weekly support. SO if the price is going to have a breakout from the bullflag, 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
6
Axie: Infinity hack or going back? Axie Infinity, ,the world’s largest non-fungible token (NFT) blockchain game and a successful web3 game in which players use NFT digital pets, called Axies, to interact with the game's community. Players can use their Axies to battle other players and to breed new Axies. You have probably heard the hot news headlines these days That ,Axie Infinity, the world’s largest NFT blockchain game, has been hacked for $620 million (THE LARGEST HACK IN DEFI HISTORY 😱😵)! Axie Infinity,was hacked on Tuesday after the Ronin network validators were infiltrated. The validators were compromised as early as March 23, according to Sky Mavis, the business behind the Axie Infinity project. (Ronin Network, which is also owned by Vietnamese parent company Sky Mavis, allows players to exchange the digital coins they earn in Axie Infinity with other cryptocurrencies like Ethereum.) This news can have consequences for it , and we maybe even see heavy falls in the future . Anyway, this is just a possibility, and given the strong team who it has, we should see what does the AXIE team do later or choose another network instead of the Ronin network and compensate the investors. Or not! so Regardles what happend lets have an analysis on the AXIE chart ! ------------------------------------------------------------------------------------------------------------------- 📊Technical As you can see on weekly timeframe for axsusdt ,Since 2021 it has had a massive growth till now (<138000 %), and after touching $166 as its ATH it had been corrected by more than 70% retracement , but in the past week it printed a good and bullish candle and jumped about 36% , so today it is struggling with the pivot zone , and if be able to break it out it can rise to next resistance zone. also by impact of recent news there is a possibility to decline and it can return back to support zone again . and if it loses the support zone it can also drop to lower support zones respectively. 🛑resistance zone: $123-132/// 🆚pivot zone: $63-$72 ❇️support zone : $40-44///$17-20 -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
by PRO_SMART_Trader
2
Sorry AXS holders: AXS to the trash binSorry to inform you AXS holders but your coin is going to the trash. With a team that cannot take care of their security when their validators are literally holdings millions $ worth of currency. I can't think of a worse currency to hold than AXS. It's a shame for the crypto and blockchain universe as a whole. Literally, the biggest short opportunity is right in front of you don't you see it ? Just sell your bags and short sell it you'll probably gain more than you ever did lol PS: 20$ per coin target is imminent
Short
by MarketSniping
14