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.
AXSUSD is testing now the 1D MA50, which is sitting a little under the top of the prolonged Channel Down pattern that began at the start of the year. The 1D technical outlook is neutral (RSI = 46.158, MACD = -0.240, ADX = 38.786) meaning that a crossing over the top of the Channel Down will turn the trend bullish but as long as the price stays inside it, it is...
People keep asking me "Is altcoins season coming and Which altcoins i should buy now?" I would tell you that most of the altcoins from previous bull markets seem compromised due to unfavorable tokenomics and a looming overhang of unlocked tokens. There's a possibility they may never recover, and it's imperative that we identify a fresh narrative for the...
💎 Yello Paradisers! Strap in for a thrilling ride with AXSUSDT. It's currently nestled in a demand zone and is primed for a bullish ascent. 💎 At this moment, the asset is maintaining a pivotal support level and oscillating within a defined range. It has encountered some headwinds in the form of a bearish order block within this zone. 💎 The momentum is gathering...
**Merit Circle: Poised to Lead the Market and Surpass Axie infinity Hype** In the ever-evolving landscape of decentralized applications and blockchain gaming, a rising star is making waves. Meet Merit Circle, a groundbreaking Decentralized Autonomous Organization (DAO) that is set to redefine the play-to-earn (P2E) economy. While the concept behind Merit Circle...
Weekly Chart Axie Infinity BINANCE:AXSUSDT is in indecision position around 6 It's under descending trend line and have a support at 5.7 Daily Chart AXS's in uptrend and rejected level 6 some times. So I think it'll retest the resistance around 6.4 Just wait
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Without getting into too much detail, I was one of the losers that jumped onto the Axie Infinity hype way too late. And I got burned. Now I want my money back and I'm shorting it. It's a terrible game in my opinion. It's performing much worse than the rest of crypto and is sitting at supply. I see two things happening. A big drop here from 6.661, or an extra...
If you haven`t sold the speculative bubble: Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities...
Axie Infinity just regained 20EMA support in satoshi, looks ready for a small recovery towards 100EMA. ⚡️⚡️ #AXS/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 11.0% Current Price: 0.0002580 Entry Targets: 1) 0.0002611 Take-Profit Targets: 1) 0.0003049 Stop Targets: 1) 0.0002345 Published By: @Zblaba NYSE:AXS #AXSBTC #AxieInfinity #P2E...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the AXS symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
I don`t know if you have seen my preview AXS chart that had more than 500 Likes: In its recent case against Binance, the SEC introduced 10 cryptocurrencies into the securities classification: BNB (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS) and COTI...
AXS 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...
The market is predicted to have a positive outlook, with an expectation of over-performing movements that will conclude the micro-cycles and offer another opportunity to enter the market at the top. The important levels in the market can be identified by golden lines, which indicate support and resistance.
AXS came down to a key support area and started to show signs of changing direction as Bitcoin started to goes up. A harmonic pattern is also formed. There is a downtrend line that must first break in order to consider AXS's uptrend wave.
Axie Infinity (AXS) technical analysis: Trade setup : Price appears to have broken out of a Channel Down pattern, which could signal a trend reversal with upside to $13.00 (start of Channel). Conservative traders could wait for a confirmation of breakout – if price breaks above 200-day MA. Stop Loss level should be set below the prior swing low of $7.00. ...
#AXS Looks Promising here 🔥 Pretty Solid Consolidation in Descending Channel. Seems like Bottomed out & Ready to Fly. In Case of Breakout, Expecting +400% Bullish Rally in the Midterm..(Patience Needed) It's important to maintain a Disciplined and Patient approach to investing in order to achieve Long term Success. Please like the idea for Support &...