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We are in SuperSupport zone 🦸♂️
Price can each time jump and back to supper suport then start a new way to TOP or to BOTTOM
if Supper support zone Broke then we would waiting for Losing price again but if Pump it as many times did it before
so be aware of AXS and their news
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AXSUSDT trade ideas
Axie Infinity (AXS) to $3.90Most of tradingview.com is long with Axie Infinity ideas. Being the contrarian, I’m here to tell you a long position is probably a mistake. Why?
So simple.. support and resistance. The two red arrows show confirmed resistance at 12 to 13 dollars that followed with a break of market structure.
The only way forward now is for price action is to confirm past resistance as support. Those levels are 70% and 90% corrections below.
A study of the AXS-BTC pair (below) continues to print price action under active resistance. The trend is down. You may remember something that was said about legacy alt tokens not performing in this bull cycle?
As an example of the token-btc pair study, you may remember the ‘Auction to $40 from $4’ idea? (below). What might not have been obvious at the time was the study on the Auction-btc pair. A clear break of resistance.
If you’ve made it this far, an idea on the Gas Neo token was recently published. You've read above. Why did I publish Gas token?
Ww
Auction.btc September 2023
Auction to $40
Weekly auction-bitcoin pair
AXS (Axie Infinity) Falling WedgeTrade setup : Price is in a Downtrend, however, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout.
Patterns : Falling Wedge Usually results in a bullish breakout . When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is Oversold currently, based on RSI-14 levels (RSI < 30).
Support and Resistance : Nearest Support Zone is $4.00. Nearest Resistance Zone is $7.00, then $9.00.
AXS Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
AXS has been in a downtrend since it hit its all-time high back in November 2021. The price failed to rise to its potential level and is currently close to its support level.
NYSE:AXS is expected to hold this support level, which ranges between $3.3 and $4.5. If the market favors it, the price is expected to rebound and rally, breaking above the resistance trendline.
Key levels:
- Important Support: $3.3-$4.5.
- Resistance: $6.6.
- Targets: $12.5, $18.8, $36, $66.5.
- Invalidation Point: A close below $3.3 support level.
DYOR. NFA.
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AXS BUY Based on the provided chart for AXS/USDT on a 1-day timeframe from Binance, here's a detailed trading plan:
### Entry Point
- **Entry Zone**: Between 6.420 and 7.190 USDT
- This range represents a significant support zone where the price is likely to find buying interest.
### Target (Take Profit) Levels
- **First Target (TP1)**: 8.913 USDT
- This level is the nearest target where the price is likely to encounter resistance.
- **Second Target (TP2)**: 9.890 USDT
- This level aligns with previous resistance and is a reasonable next target.
- **Third Target (TP3)**: 10.709 USDT
- This level is a higher resistance zone and aligns with previous price action.
- **Fourth Target (TP4)**: 12.619 USDT
- This level is a higher resistance level and a long-term target.
### Stop Loss
- **Stop Loss**: 5.736 USDT
- This stop loss level is set below the support zone to protect against a deeper downside move.
### Key Levels and Observations
- **Resistance Levels**:
- 8.913 USDT
- 9.890 USDT
- 10.709 USDT
- 12.619 USDT
- **Support Levels**:
- 7.190 USDT (upper entry zone)
- 6.420 USDT (lower entry zone)
### Technical Indicators
- **Volume Profile**: Shows high trading activity around the entry zone, suggesting strong interest and potential support.
- **ABCD Pattern**: Indicates the potential price move based on the harmonic pattern, suggesting possible retracement levels and target zones.
### Trade Plan Summary
1. **Enter** the trade within the 6.420 to 7.190 USDT range.
2. **Set Stop Loss** at 5.736 USDT to manage risk.
3. **Target Levels**:
- **First Target (TP1)** at 8.913 USDT.
- **Second Target (TP2)** at 9.890 USDT.
- **Third Target (TP3)** at 10.709 USDT.
- **Fourth Target (TP4)** at 12.619 USDT.
Always remember to manage your risk appropriately and adjust your trade parameters based on market conditions.
AXS/USDTAXS is showing a promising 8-month reverse head and shoulders pattern, indicating a potential rally with substantial profits! Remember, these are swing trades that could take weeks or even months to fully develop.
Key Points:
Breakout Confirmation: A breakout from the neckline will confirm the long-term target of the inverse head and shoulders pattern.
Exit Targets: Identified on the chart.
Invalidation Level: If the price breaks below the right shoulder, it will invalidate the setup.
Make sure your money management strategies are in place. Let's ride this chart as planned and aim for those targets!
#TradeCalmly with #Seahawk
Axie Infinity: Seems extremely bullish!AXS is now down almost 96% from its previous ATH and is about to reach an important support level, which is a strong demand zone at $4. It can recover to its ATH of around $164, and if there is significant hype and AXS performs exceptionally well in the upcoming bull run, hitting targets above $1,000 is not impossible, IMO.
Axie Infinity (AXSUSD): Eyeing a Key BreakoutOn the 12-hour chart for AXS, we've completed Wave 2 at the $5.82 level. Since then, we've been in a continuous upward phase, forming higher lows three times and now a higher high. This pattern suggests continued upward movement.
There are two key areas to watch: the 12-hour supply zone starting at $10.31 and the 12-hour demand zone at $7.50, which aligns with the current trendline. We expect the trend to continue upwards, particularly if the price touches the demand zone at $7.50, providing a potential entry point. Our target on the upside is the supply zone at $10.31. Whether the price moves beyond this level is uncertain and will require monitoring. The low volume between these zones suggests that the price could rise rapidly once it starts moving.
Analyzing the monthly VWAP for AXS, we see that the December VWAP provided resistance at a high of $8.70. The price tagged this level perfectly before falling back down. We believed the price might dip further to similar levels and he did. The demand zone started at $7.50 and extends down to $7.25. For us, the absolute maximum level to watch is the December VAL at $7.23, where we expect to find support. However, it's possible that the price could dip slightly lower to clear the liquidity from the last dip in early June.
Once this liquidity is taken out, we anticipate a potential push higher, aiming to break above the December VWAP. This setup provides a clear structure for potential entry points and targets based on current resistance and support levels. In summary, we are looking for an entry around the $7.50 demand zone, with an initial target at the $10.31 supply zone. Further movement will depend on market conditions and volume dynamics at that time.
AXSIt seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
At the moment, we do not have a signal for a bearish trend on the price chart. On the other hand, a relatively attractive candlestick pattern tangential to the upward trend line has been formed for us.
What do you think?
AXS gold signal#AXS is currently moving in a bullish Channel , which serves as strong support. price gradually approaching a key resistance level around the $8.50 - $8.16 mark.
It seems that according to the maintenance of the bullish Channel. if the resistance range of $8.5 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
A successful break above resistance level could lead to a continuation of the upward trend, while failure to break through may result in a price correction. Careful monitoring of the price behavior around this resistance level is crucial for making informed trading decisions.
At the moment, we do not have a signal for a bearish trend on the price chart.
AXS/USDT assessing key supply area? What next💎 Paradisers, #AXSUSDT is currently displaying movements that merit close observation. It seems the price is testing a supply zone with potential for an upward breakout once it successfully breaches this level.
💎 A bullish confirmation would be signaled if #AXS manages to break and close above the supply level of $8.582 on a daily chart, indicating a continuation of upward momentum towards our targeted resistance area. Conversely, if #AXS fails to surpass the $8.582 resistance and shows a strong rejection, marked by a bearish candle, there might be a potential retracement to lower levels. In such cases, the price could retreat to the demand area at $7.536.
💎 Should #AXS reach this key demand area, it will need to rebound and continue its ascent to challenge the resistance once again. Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards.
💎 It’s crucial to stay vigilant and closely monitor #AXS's price action. A breakdown below the demand area, confirmed by a daily close below it, would negate the bullish outlook and potentially lead to extended declines.
MyCryptoParadise
iFeel the success🌴
#AXS/USDT#AXS
The price is moving within a 1-day ascending channel pattern, which is a retracement pattern
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 7.40
The first goal is 9.57
The second goal is 10.70
Third goal 12.00