AXS (Analysis)Hello, dear TradingView members.
AXS was downtrend last week. After several attempts by buyers to break the resistance of $19, the price hit a higher resistance at $20. Due to breaking the resistance of the $19 range, the buyers tried to turn this resistance into support. But it was immediately accompanied by selling pressure, and the trend reversal started at $20.
The support range drawn on the chart at the price of 13.5 to 14.1 dollars has been associated with a good reaction, but you should note that if it returns to the top, it is possible to reduce the price again. More important support is drawn in the chart's $11-12 range. In case of increasing selling pressure, there is a possibility of price reduction to this range. Ichimoku indicator lines can also show the price of $16.5 as resistance. Therefore, the current week's price trend can be between these ranges.
Good luck!
AXSUSDT.PS trade ideas
AXSUSDT is testing the 0.618 Fibonacci LevelThe price is testing the key support on 15.60$ area where the market has 0.618 Fibonacci level.
On the daily timeframe, the price created a double top on 20$ area.
How to approach it?
IF the price is going to lose the support and retest as new 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 🦐
AXS\USDT 👦Adam and Eve👧🇺🇸Hello friends👋.
📈Long: 5-10% of deposit
🔴SL: $16.19
🟢TP: 23.91$
The figure of Adam and Eve has formed, pay attention to how much this instrument was bought back when the price fell below the level, there could be a good growth, long!📈
If you liked the idea, I will be grateful for the likes and comments!
Is AXS going to skyrocket soon❓Hi friends! AXS was a top gainer of 2021 and even in this market conditions make +70% from it's bottom.
Actually it`s look like a big accumulation range at the bottom and now we can see the exit out of this range. As you know, breakout of the range is leading to the pump of crypto so we shouldn't miss this movement.
ADA had the same base and now it`s on the way to my targets. Subscribe and check the previous ideas!
The big guys buy this alt at the bottom as you can see at the volume indicator.
📊 Here are the preconditions to open a long:
🔥 squeeze to the $20-22 value area
🔥 whales orders to buy which DOM and Footprint indicators show
🔥 possible trap (shake out) to collect long traders sl
🔥 bullish BTC help ETH to reach all the targets
The max-min profit for this movement at least +20-60% but it`s not even the long term target.
📊 The targets:
1. $22.7 - key level, you can close here 30-40% of long and fix profit+set sl at breakeven
2. $28.5-30 - value area, closest resistance and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AXSUSDT is creating a daily pennant 🦐The price is testing the daily resistance at 19$ area where the price created a false breakout as well.
The price is creating a pennant below the main structure
How to approach it?
IF and only IF the price is going to have a breakout from the daily resistance and retest it as new support, 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 🦐
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinity
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (16.34).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 17.69
TP2= @ 18.53
TP3= @ 19.58
TP4= @ 21.60
TP5= @ 23.56
SL= Break below S2
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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 ❤️
💡Don't miss the great buy opportunity in AXSUSD @AxieInfinity
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (16.34).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 17.69
TP2= @ 18.53
TP3= @ 19.58
TP4= @ 21.60
TP5= @ 23.56
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/USDT important level to be approached!Hey colleagues ,
Another coin that looks interesting to us is AXS. We see how nice of a pattern we have formed here with Higher-Lows in making - we see a clear flag pattern here! As it is getting tighter in pattern so does our time to decide where we should move from here so we have two scenarios at the moment.
Firstly - We should break from $19 Resistance and have a little struggle there but overall we should move after that to $23.
Secondly - firstly we breakdown to $16.8 where we should witness a small kind of correction and then go to $15.5.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Bull Flag/Cup and HandleI see a bull flag in white, and cup and handle in green. Price is currently backtesting the bull flag/falling wedge (from the cup and handle.) Slight hidden bullish divergence with the RSI and price. MACD may turn light red then have a bullish cross. Daily MACD did just have a bearish cross and daily SRSI is coming down. So do keep that in mind.
AXS/USDTA low number of players means a low demand for AXS
As a quick refresher, AXS serves as a payment token within the Axie Infinity game ecosystem, allowing players to purchase non-fungible tokens (NFTs), in this case the digital pets we all know as "Axies."
It also acts as a utility token that players can spend to breed new Axies.
New users entering the Axie Infinity ecosystem need 3 Axies to take on other Axies. When they win, the platform rewards them with another native token, called Smooth Love Potion (SLP) while winning bigger tournaments earns them AXS.
Consequently, old Axie Infinity players rely on new ones to keep up the demand for Axies.
Otherwise, they could risk former players selling their SLP and AXS earnings on the markets (e.g. cryptocurrency exchanges), thus adding downward pressure to their prices.
But when native Axie Infinity token prices go down, it also makes the game less attractive to new players, who would still need to buy 3 Axies in order to earn SLP and AXS, only now they would be worth less.
The Axie Infinity ecosystem has gone through stages, as mentioned above, in 2022, with its player count falling to 8,950 in June from 63,240 in January, a drop of almost 85%, according to data provided by Dapp Radar. Interestingly, this coincides with the 80% drop in the price of AXS in the same period.
Inflation rising
New inflation data has further curbed bullish bets on major cryptocurrencies, which, one way or another, fuels the bearish outlook for AXS.
In particular, the US consumer price index (CPI) rose at an annual rate of 8.6% in May, compared to 8.3% in the previous month, accentuating investor fears that the Federal Reserve will be forced to raise interest rates aggressively in the coming months, which would push risky assets down across the board.
AXSUSDT | BULLS EYEAXS seems to be in control of bulls as the token is currently trading above MA50 & after breaking the trendline resistance. Triple bottom on 4H TF is formed, if the bulls keep control we may see it breaking the resistance levels quite easily. However keep protection for the downside.
Trade the risk accordingly.
AXS/USDT Time to buy!Hey Colleagues,
Today we came across AXS /USDT. From last time (21st of June) we have seen a bearish market for the AXS since then. We tend to hold this coin until $40 but if price should drop below $13 USDT then we suggest you to close this position.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
AXSUSDT GOING HIGH !?Just in my opinion, AXS Can go higher to 26.55. If you want to Draw, AXSUSDT already breakout the bullflag Pattern and now on retest mode
Disclaimer : Do Your Own Research First, I'm not a financial Adviser. This is High risk signal, don't entry if you want to blame me when this signal fail.
AXSUSDT | ENTRY : 18.05-16.60 | SL : 15.15 | TP : 26.55
Axie Infinity 4th August 2022Title: AXS 4th August 2022
Time Frame:
1D
Indicators:
STOCH RSI - Hidden Bullish Divergence
Price Action:
The price has rejected off the 0.618 level 2 times, and currently it is sitting just above the EMA50.
Looking like exhaustion from the bears.
I think it is possible the price goes to maximum $19.89
--Like, follow or drop a cheer if you find my findings useful!
Axie Infinity (AXS) - August 3hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AXSUSDT 1D Chart)
Primary resistance: 20.89
Secondary resistance: 31.13
Support: 14.39-15.68
The key is to find support and move higher near 17.20.
If it falls below 14.39 and is resisted, a Stop Loss is needed as it could lead to further declines.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AXSUSDT |Coin Review|
hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Axie Infinity is a Pokémon-style digital pet universe built on the Ethereum blockchain where anyone can earn tokens through skillful gameplay and contributions to the ecosystem.
-The asset is now in an ascending channel, I expect that the price will test the support of the ascending channel, after which we will most likely see a rebound for the third time.
-Also pay attention to the first wave in the channel, the double bottom pattern. I already see the first drawings, they can expand before the lower border test.
AXSUSDTPERP (SHORT)AXS is currently on its last wave using the Elliot Double Combo Wave labeled as W, X, and Y. We are currently on the corrective phase of the completed 5-wave pattern of wave Y. This is also supported by 3 bearish harmonic patterns namely Gartley, Cypher, and Anti-Gartley. Based on my personal experience when several harmonic patterns will have the same potential reversal zone (PRZ) the more likely the pattern will play out.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
