Based on technical factors there is a long position in :
📊 AXSUSDT Axie Infinity
🔵 Long Now 32.80
🧯 Stop loss 26.00
🏹 Target 1 37.00
🏹 Target 2 45.00
🏹 Target 3 61.00
💸Capital : 1%
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AXS is depending on most of the study trading skills and signals on important trends for a breakout.
Since the last updates 2 days ago - AXS looks still not to make the expecting move
Why is this?
First of all, the breakout could take some more time - and AXS checking also the market changes of BTC
Depending on the study there are more reasons why AXS...
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
Axie infinity technically looking neutral at the moment. At least, until early/mid May.
The 4hr Candlestick chart suggests the same pattern could be repeated with a fake high in few days maybe, then early/mid May we breakout bullish probably UNLESS the 45 support level is...
Overall, cryptocurrency has been CONSOLIDATING and this is a reflection of BTC as the leader of the market.
AXS experienced some massive ride up before falling to the present level.
Do big question is: what is going to happen from here?
I AM BULLISH LONGTERM.
Share your thoughts, comment, like and follow for more ideas.
AXS/USDT is it to possible to expect risk/reward 1/10???
AS you can see on AXS chart it is clearly visible a broken descending channel and a nice pull back.The price is in the low of the channel.
Take a good profit!
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(AXSUSDT 1D Chart)
(buy)
- After confirming the support around 53.50
(Stop Loss)
- When it falls below 45.62 and receives resistance
(Sell)
- When resistance is received in the section...
Axie has broken out of a strong resistance within a down movement, simultaneously hitting a large support while doing so
This could be indicative of a reversal out of this small bear action we have seen
Daily Chart
Axie $AXS what is actually going on?
How long can you hide?
How long can you stand behind the closed Ronin bridge?
How long can you last?
Light shall prevail
NAF DYOR
Axie AXS, Axie AXS how long can the Ron bridge hold you from falling
With 600m lost... How long can you stand tall.
Fall u must when bridge re-opens
Fall u shall when bridge flows
Let's c...
NAF DYOR
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (66.73).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (66.73).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AXSUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading Setup:
There is a Trading Signal to Buy in AXSUSDT Axie Infinity
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 57.96
⭕️SL @ 52.92
🔵TP1 @ 70.3
🔵TP2 @ 81.3
🔵TP3 @ 93.3
#Pullback_Strategy
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger...
Nice support of white SMA, i am taking the risk here... but we need to be careful as new quarter is here... lets see....be patient with entry. Laddering always! :) Good luck guys.
NOT FINANCIAL ADVICE
Axie now has a bullish potential after break out the bearish channel last week, and now we look a bullflag pattern.
next target at the Fibonacci support area $90.5
BYBIT:AXSUSDT
4H trend chart
-
AXS is consolidating and converging.
It's good for it to accumulate around $65
If price can break out the downtrend line, trading strategy as bleow.
-
Profit Targets:
a) 74.5----Fib(1)
b) 80.995~83.625----Fib(1.272~1.382)
c) 89.260----Fib(1.618)
d) 98.385----Fib(2)
Stop losses:
a) 10.882-----Red horizontal ray
-
If you like this...
