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AXS / TetherUS

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AXSUSDT trade ideas

#AXS Waiting for a reversal candle in the $9.37 areaIn an upward trend, after reaching the target and exiting the short-term channel and breaking the specified box resistance, a correction is currently observed, which should be able to stabilize above the 9.37 range, otherwise, we can enter a sell position up to the specified range. . Therefore, if it stabilizes above 9.37, we will have the scenario of continuing the upward trend, which can continue up to the areas of 12.5 and 14 dollars.
by alikze
1
AXS: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern signals resumption of Uptrend, with upside potential to $9.50 near-term and $11.00 medium-term. Stop Loss (SL) level at $6.80 (just below the prior swing low and nearest support zone). 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. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50, then $11.00.
Long
by altFINS
AXS: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern signals resumption of Uptrend, with upside potential to $9.50 near-term and $11.00 medium-term. Stop Loss (SL) level at $6.80 (just below the prior swing low and nearest support zone). 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. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50, then $11.00.
Long
by altFINS
AXS/USDT The trend is still Bullish. Ready to continue Upward ??💎 AXS is currently showcasing a rebound from a key support zone, aligning with a bullish trendline. The prevailing market trend for AXS remains robustly bullish, evidenced by the consistent formation of higher lows and higher highs on the chart, which are classical indicators of a bullish trend. 💎 If this retesting phase proves successful, AXS is poised to extend its upward journey, with the supply area being the immediate target. A decisive breakout above this supply zone probability could pave the way for AXS to reach the strong resistance area, which is set as our next target. 💎 However, should AXS retreat to the support zone and breach below it, the scenario could take a bearish turn. Breaking down the support would not only signify a failure to sustain the bullish momentum but also indicate a potential trend reversal. In such a case, AXS might be steered towards a downward trajectory, with the demand area becoming the next critical focus. 💎 The demand zone thus emerges as a pivotal area for AXS. For the asset to resume its upward trend, a strong rebound from this level is essential, coupled with a successful reclamation of the resistance zone. Failure to achieve this bounce-back could lead AXS to persist in its downward movement, potentially heading towards the significant support level at around $4.1. 💎 Investors and traders should keep a close watch on AXS's response to these crucial support and resistance levels. The asset's behavior at these junctures will be instrumental in determining its short-term price action. Stay alert to these market developments to effectively adapt investment strategies.
by MyCryptoParadise
AXS/USDT possible next move ? 👀 🚀 AxieInfinity analysis💎 Paradisers, direct your attention to #AXSUSDT as it displays a strategic positioning in the market. Currently maintaining a key support level, it is gearing up for its next probable market move. 💎 Tracing #AxieInfinity past behavior, it has shown a tendency to adhere to a descending trendline before breaking above to initiate an upward trend. However, recent market volatility has led to a rejection from its supply zone, and now NYSE:AXS might be heading back to retest a resistance-turned-support level at $6.91. Here, we’re looking at two potential scenarios. 💎 If AXS sustains strong momentum above this support, it could embark on a bullish journey to challenge higher supply levels. Alternatively, it might pivot to a bullish movement from another support point at $6.27. 💎 Should #AXS breach the support at $6.27, it may set in motion a downward trend towards the Bullish Order Block (OB) level. This potential shift underscores the need for strategic vigilance in navigating its market movements. 🌴💰
by MyCryptoParadise_Simon
AXS/USDT | 1d 👀To generate profits, it's essential to avoid losses initially. We should identify a clear structure before entering a transaction. This presents an ideal scenario for spot buying. Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of AxieInfinity. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking #Crypto #AxieInfinity #Trading #AXS
Long
by Nyskohuz
Axie Infinity (AXS) Price Movement: Consolidation Before the NexBias: Neutral to Bullish Description: AXS/USDT has been consolidating, as evidenced by the price moving sideways and the RSI hovering around the neutral 50 level, suggesting indecision in the market. Direction: Possible Breakout or Continuation Entry: A possible strategy would be to enter on a confirmed breakout above the consolidation pattern with increased volume, which may signal a continuation of the previous uptrend. Stop Loss: A prudent stop loss could be placed just below the most recent low or the consolidation area to mitigate the risk of a false breakout. Targets: Profit targets could be established near historical resistance levels or at a measured move equal to the size of the previous uptrend. Caution: If the price breaks down from the consolidation pattern, the bullish scenario would be invalidated, and a reassessment of the market conditions would be necessary.
by SpyMk
$AXS fibbonaci levelsI posted my thought about this chart a while ago now and turned out to be right. Clearly the fibbonaci levels for helped for my buying point and my profit taking points. The markets are taking another turn and there are even coins that get a new ATH already. Money is moving into the markets and there is not much flowing out so stocks just keep pushing up. I am thinking i will wait for now on this again and not do much before i see any consolidation down and letting a bit of my bag freeride.
by Tradingmarato
AXSUSDT Trading opportunityAXSUSDT is trading within a descending broadening wedge pattern, forming an extended correction. The price is nearing the topside trendline of the pattern. A breakout above this trendline could lead the price towards our stated targets on the chart. Meanwhile, focus should be on the Demand range, which serves as an important accumulation zone. The price action around the topside trendline of the descending broadening wedge must be closely watched, If the price breaks above the trendline, look for long positions targeting the breakout levels stated on the chart. Finally, attention should be on the Demand range as an important accumulation zone for potential long positions. Then long stoploss should be placed below the demand area.
Long
by weslad
9
AXS: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $9.50. Stop Loss at $6.40 (prior swing low). Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50.
Long
by altFINS