AXS is showing bullish price action. Price has moved up to the next major resistance level. Once we break this trend line, I will then switch my bias to bullish and look to enter a long. It is looking good after a sweep of the lows. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information....
Trade 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...
Trade 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...
NYSE:AXS broke through the ascending trendline. Decline to support level at $5.49 is expected to happen next
💎 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...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 9.20 and 8.00 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
Trade 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...
Trade 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...
NYSE:AXS broke through the ascending trendline. Bearish movement to support level at $6.27 is expected to happen.
Trade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next. It’s also trading in a Channel Up pattern. Pattern : Price is trading in a Channel...
Axie Infinity (AXS) technical analysis: Trade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next. It’s also trading in a Channel Up...
Axie Infinity (AXS) technical analysis: Trade setup : Following a bullish breakout from Channel Down pattern, price also broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Now it’s broken above $7.00 resistance area, where it got recently rejected, and could revisit $9.50 next. Trend : Uptrend across all time horizons...
AXS has successfully breached its descending trendline, indicating a notable bullish momentum. However, it encountered resistance at a key supply zone, which curtailed its upward trajectory, redirecting the price action downwards. Notably, a previously established resistance zone has been overcome and has now transformed into a support level. This transition...
💎 Paradisers, focus on #AXSUSDT as it demonstrates a notable trading pattern. Recently, resistance has turned into support, indicating a high probability of an upward movement. 💎 #AxieInfinity has shown a tendency to follow a descending channel, breaking above it to embark on an upward trend. Currently, it has broken above the resistance level of $6.61 with a...
Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This move by Axie Infinity represents a significant shift in the world of NFTs and their potential use cases, demonstrating the versatility and...
AXS is still in a bullish condition after bottoming last October 19. Currently it is still strong above the EMA 6, 29. It is estimated that the price of AXS will still be strong to level 5.752. This level is supported by the last Break of Structure and secondary reaction which is still stuck above EMA 6. #DYOR
Axie Infinity turned overbought technically on the 1D timeframe (RSI = 79.330, MACD = 0.200, ADX = 48.531) as it crossed over the LH 1 trendline, which was the top of the twelve month Falling Wedge. Despite this brute force of breakout, the 1W timeframe is still only neutral and the price remains under the 1W MA50. This is a potential indication that, along with...
Axie Infinity is a blockchain-based trading and battling game in which you can collect, breed, raise, battle, and trade NFT token-based creatures known as Axies. Anyway, after the super upward wave of AXS finished, it entered into a correction, a long one. Now, it seems AXS is trying to break the downtrend line. If successful, the next impulse wave might have begun.