AXSUSDT trade ideas
AXSUSD ❕ support zoneAXS is moving in the support zone.
The asset reached the current zone for the third time.
I believe that the price will rise again after fixing above the support area.
Axs | needs to break this level Axsusdt
Formed falling wedge pattern on daily time-frame seems like bullish but we have to wait for breakout
Buyers needs to break this level for 50-60% bulliish move
Personal opiniooon not financial advice
AXS/USDT - Axie Infinity: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the NYSE:AXS / CRYPTOCAP:USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 7.46 | 7.69 | 8.28, and the major support zones can be found at 6.87 | 6.51 | 5.92. Consider entering a trade at the current price zone of 7.37 and targeting higher levels.
◰◲ General info :
▣ Name: Axie Infinity
▣ Rank: 56
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Architected by Sky Mavis and inspired by Pokemon, Axie Infinity is a "play-to-earn" pet training game and virtual world built on the Ethereum blockchain. Players can collect, breed, battle, and trade in-game pets called Axies. All in-game assets are represented via fungible ERC-20 or non-fungible ERC-721 tokens and thus trade on secondary markets.
◰◲ Technical Metrics :
▣ Mrkt Price: 7.37 ₮
▣ 24HVol: 11,815,545.852 ₮
▣ 24H Chng: 2.078%
▣ 7-Days Chng: 2.36%
▣ 1-Month Chng: -1.00%
▣ 3-Months Chng: -14.91%
◲◰ Pivot Points - Levels :
◥ Resistance: 7.46 | 7.69 | 8.28
◢ Support: 6.87 | 6.51 | 5.92
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.84
▣ Last 90D: -0.94
▣ Last 1-Y: -0.55
▣ Last 3-Y: 1.41
◲◰ Volatility :
▣ Last 30D: 0.50
▣ Last 90D: 0.66
▣ Last 1-Y: 1.06
▣ Last 3-Y: 1.75
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.75 - V. Bullish
▣ In-depth AXSUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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AXS on weekly support, likely to bounceThe price has once again hit the weekly support zone. It may go deeper or breach the zone briefly, but I expect it to hold here and bounce towards weekly resistance. There are some daily resistances on the way up to weekly resistance and may hold the price in between.
AXSUSDTThe price correction of the Elliott Pattern is being completed. It is attractive for long-term investment.
Axie Infinity (AXS) Price Analysis 2023Axie Infinity (AXS) holds the 52nd position on CoinMarketCap right now. Axie Infinity price prediction for 2023 is explained below with a daily time frame.
The above chart of Axie Infinity (AXS) laid out a descending triangle pattern. The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern.
As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete.
Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish.
At the time of analysis, the price of Axie Infinity (AXS) was recorded at $6.85. If the pattern trend continues, then the price of AXS might reach the resistance levels of $11.337. If the trend reverses, then the price of AXS may fall to the support of $6.33
Strong bears in AXSHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are selling AXS because AXS's bears are taking control and i am expecting at least -10% move.
AXS Short Now @ 6.83
Stoploss 7.07(-3.37%)
Target 1, 6.51(+4.65%)
Final Target 6.05(+11.42%)
Don't forget to hit the like button and follow to stay connected.
Axs Building Up for Massive Breakout Axs Building Up for Massive Breakout Forming Descending Channel & trying To Clear Channel Once Got Cleared Midterm Target Would 300%+
Downward Trend Reversal Potential and Target ConsiderationsAXS has exhibited a downward trend over the preceding month, manifesting a robust negative response subsequent to encountering the resistance level of $9.60. Concurrently, market dynamics exerted selling pressure, leading to a reversion of this currency's value to the previous support level. Despite breaching the previous floor within the $7 range, the price has persistently clung to the indicated support level in the range of $6.50.
Within this specific range, a range channel formation has materialized across lower time frames, implying the potential for a trend reversal. It is pertinent to note the presence of positive indicators within the daily time frame that signal a favorable shift. Furthermore, it is noteworthy that the chart reflects a pump condition for this currency. However, it is important to exercise caution as the price has encountered resistance at the upper boundary of the primary downward channel, which could lead to a retracement toward the upper boundary of the 4-hour time range. If the support level remains intact and the price sustains its upward trajectory, consideration can be given to a target range of approximately $11.5 for this currency.
AXSUSD - Quadruple BottomAXS is trying to form a bottom from its long streak of downsides. A good candidate for a reversal is here where price has touched the same horizontal four times. Lets see what happens.
AXS USDT LONGPossible scenario for the AXS. On RSI we can see that the coin is super oversold.
We can see the falling wedge pattern. You can long from current price with short stop.
AXS SHORT SETUPAXS is trading below support going back to swing high of 30 April21.
Short term relive or sideways trade as funding is extended. (orange or red)
Slow grind lower and swapping S/R, followed by strong expansion to the downside (blue).
Green zones are targets
bullish movementhi.
the chart may start rissing buuuut we should wait for approve and its breaking the white area.
good luck
#AXSUSDT #LQR #TOBTC #LaqiraProtocolThe structure is generally bearish
Dynamic and static resistances and EMA 60 is clear on the chart.
IF pullback,
you can open a short-term trade after confirmation.
🔥 Will Axie Infinity Reach New All-Time Highs Ever Again?AXS was the first and largest gaming based crypto. Many followed in AXS's wake (GALA, SAND, etc) but none managed to surpass it.
Plainly said, I think AXS is dying and will never recover from the current bear-market.
Taking a look at the player statistics from activeplayer.io we can clearly see that AXS is losing players for well over a year now.
Apart from players leaving the game, I've got some serious questions on why people would play this game. Is it meant to be a fun pastime (like games are supposed to be), or are the only people who are playing playing it for the money.
You're going to need real players to buy the axies from the "investor-gamers" in the end. If those real players never come, Axie Infinity will never be popular again. Furthermore, there will likely be some other game in the future that will have better prospects than some 3 year old game that no one plays (and no one makes money from).
To make matters worse, check the huge 2 year head & shoulders on the chart.
Do you think AXS will even reach all-time highs again? Is it dead? Share your thoughts below 🙏
#AXSUSDT #LQR #TOBTC #LaqiraProtocol● You could get up to 25% ✌️😉 profit from the April 20 analysis
• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell
AXS LONG Let's try to take advantage of BTC's upward momentum to open some longs in altcoins, NYSE:AXS has hit its lower OB which as we can see up to 25% is a good OB that could work as a support zone.
