AXS/USDT (Looking bullish)axs usdt technically looking bullish
my buy zone is 11.4$
stoploss 11.15$ - 2.4%
target 13$ - 15%
AXSUST trade ideas
Keeping a close eye on Axie. Potential breakout comingAxie has been in a bear market since peaking in Nov 21 and is now currently testing the bear market trendline that has been a major resistance level for sometime now.
My idea is with many cryptos rallying in price its highly probable that Axie can breakout of the downward trendline its currently up against. If a breakout does occur there is a strong possibility that the next resistance zone will be tested which is at approx $19 to $24.
But beware that if price gets rejected from trendline resistance then we could see a retracement to the $8 zone or even major support (red line)
🔥 AXIE Bear Trend Ending Break OutAXS is currently closing in on the bear market resistance line, which has been holding since November 2021.
With the whole market going up rapidly, I think it's to be expected that AXS will soon break through this resistance. Be patient for the break.
Targets in blue.
Axsusdt Formed Descending Broadening In H4 timeframe ( bulish Reversal Pattern)
Incase Of Breakout expecting 20 to 25% Bulish Move
Keep In Mind Axs Will Remain Bearish Till Wedge breakout (entry Will Be Only Valid after Breakout)
AXSUSDT | DESCENDING TRIANGLE BREAKOUTAXSUSDT has been trading with in a descending triangle .
The price has been converged.
Now the price has trading above the breakout of triangle.
The same zone is also a breakout zone.
The bulls need to hold the breakout zone.
Manage your trades accordingly.
AXS: Overbought at ResistanceAxie Infinity (AXS) technical analysis:
Trade setup : Bullish breakout from Descending Triangle was confirmed with a breakout above $10 and 200-day moving average. Price is now approaching $15 resistance and is overbought (RSI > 80). The recent big move comes ahead of a negative catalyst in form of an upcoming token unlock.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10, which it broke, then $15, and $20.
AXSUSDT SPOT TRADE SETUP!!Hello and welcome everyone to this Spot Trade setup!! Already, our Last Spot trade setup MAGICUSDT is doing pretty well and is currently 3X from our entry zone. I am here with a similar trade setup.!!
So, Let's discuss AXSUSDT daily chart. we can clearly observe from the chart that AXSUSDT was trading between this channel for a long time and now successfully broke out of this channel. We can see the restest and green confirmation candle as well.
AXSUSDT broke the $11.7 resistance level and If we see a daily close above $11.7 then we will probably see a rally toward the upper resistance levels
Entry:- CMP to 11.7
TARGET 1:- 19
TARGET 2:- 27.6
TARGET 3:- 44
SL:- Daily close below 8.5
We hope you enjoyed this post. Please write for any query in the comments section below!
Safe Trading!!
AXS broke through its important resistance in the $10 rangeIn the last 24 hours, AXS broke through its important resistance in the $10 range with a growth of more than 40%. This resistance placed exactly at the ceiling of the range channel of the daily timeframe has become a good support, and we can expect a positive reaction in the pullback to this level. Note that the price of this currency is close to the ceiling of the main descending channel, and a negative reaction has accompanied the $14.31 resistance area at the ceiling of the descending channel. If more reaction is observed, reversal patterns can be formed. But if the support of buyers continues and this resistance is broken, the possibility of a further price increase to the range of $16.83 to $18.39 will be provided. We expect a stronger negative reaction from this resistance.
AXSUSDT is testing the 0.618 Fibonacci levelThe price is inside an ascending channel on the 4h timeframe and after the false breakout the price form the ascending channel the price is testing the 0.618 Fibonacci level as new resistance
How to approach it?
We are waiting for the breakout from the 4h resistance and 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.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
AXS/USDT Long Analysis
Falling Wedge Pattern
We have a falling wedge pattern in this chart, so I expect 2 times the difference between the fall and the exit.
✴️ Axie Infinity Chart Update | Success Is Yours!This is an update to the trade idea shared Dec 5, 2022, see below:
Since our last update, Axie Infinity (AXSUSDT) produced a retrace which is healthy and is now back above our starting price.
As you can see from the previous chart, the price action remains within our numbers, trading stays above support.
Since a lower high has been confirmed, the doors open for a higher high on the next jump, this is where we stand at right now, waiting for higher prices.
This is the reason why patience is key... It takes time for these things to grow.
Diversification is also very important, because while one stays behind the other one moves ahead... It is impossible to predict which ones will move first.
The market movers tend to push those that the least people hold, so even if you find a great chart and many people buy-it, it is pushed to the end of the line and one with less attention grows.
With diversification, we can split the capital into multiple pairs.
While one wait the other grows... While one grows the other retraces.
Through the whole process we remain centered, conscious and patient.
When we win, we increase our position size and risk.
When we lose, we cut back and slow down to see what went wrong.
Never double up on a loss.
Feel free to expand if success is yours .
Namaste.
BUY THE DIP FOR #AXSVery soon AXS need to reach minimum 12 dollars. After that we should wait bitcoin movement. Now, I am taking long pozition for #AXS
AXS Bullish set upAXS clearly underperforming metaverse competitors
forming an ascending triangle and have a good probability to play out
Fib retracement retraced till golden zone 0.618 ready to take off
risk reward 1.4 worth a shot
#AXSAll the metaverse coins made minimum %80, AXS is little bit slow now but, I think as soon as possible it is going to reach percentage of other metaverse projects. MANA made 3x, So now it is time of the AXS . It came back from fibonacci 0.618. Now It should go up to 16.5. Buy the dip :)
$AXS/USDT 12h (#Bybit) Ascending triangle breakout and retestAxie Infinity Shard is pulling back to 50MA support, a bounce leading to another bullish move towards 200MA resistance seems likely.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.3X)
Amount: 7.0%
Current Price:
7.665
Entry Targets:
1) 7.310
Take-Profit Targets:
1) 9.725
Stop Targets:
1) 5.695
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +42.95%
Possible Loss= -28.72%
4-hour uptrend channelThe price of AXS has not yet taken an uptrend in the daily timeframe, we have an uptrend in the 4-hour time frame, and the price is in an uptrend channel. The bottom of the channel is in the $8 range. If the pullback is deep and reaches this area, we can expect a retest of the $10 resistance if we see signs of reaction. Currently, the first support that the price has reacted to is at $8.65. If the midline of this uptrend channel is broken by the close of the next daily candle, a deeper correction to the specified levels is expected.
AXS : ENTERING NEW UPTRENDAXS seems to enter a new uptrend since the volume shows good trends.
FOCUS target $11.30
Depending on the last live trend scan is this the trending coin.
