AXS has pulled back to the 200 EMA and is looking for support. I don't see an obvious Trend Support line, so I'm looking to the Supply Zone (area where a lot of trading has taken place in the recent past) to provide a respite for the bulls. We've entered my "buy zone" but I want to see divergence/confirmation before I consider an entry. Sellers appear exhausted...
I will entered this trade after a break below and retest of below 2000 sat zone
Entry trigger 4H close below 1950 sats
1st target 1680 sat zone
2nd target 1460 sat zone
Invalidation day close above 2350 sat zone
BINANCE:AXSBTC maybe ready to another up move to retest the highs from the beginning of October.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
AXS/BTC pair break descending triangle resistance on 4H.If AXS trade above the resistance trendline, the next resistances after breakout are 0.002460 - 0.002560 area and next one is 0.003150 - 0.003280 area.
If AXS unable to trade above trend line then we will see a retest of 0.001850 - 0.001655 support area . Wait for a breakout or rejection from there.
AXS has been pushing into a squeeze with this pennant forming over the last few weeks, and there is normally only 2 outcomes from this pattern.
If the hype is still around this coin then I would expect a push upwards and because of ATH levels I would be using a trend based fib to find some hidden levels, which also lines up pretty well from the measured move of...
This one's not done yet. Very easy to push up with low circulating supply. This project is being used to create hype in the crypto industry just like Doge. It will be pushed up to the extremes. This is what those entities behind crypto going mainstream
I'm BACK, and AXS got 1.6 billion marketcap NOW, cheers
we gonna hit 2 bil marketcap soon and if you look at AXS/BTC you see the madness of this project
for my new followers who don't know what AXS is, Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
targets 31 - 33 - 35 - 37 -...
I am now about 4 weeks into sharing my #Barrelin pattern and associated trading strategy mostly on Twitter.
In that time I have developed more regimented rules in hopes of automating the hunting if not the trades themselves. Here is the strategy as it stands today:
4hr close above 75% on RSI (14)
Hold EMA (8) on 4hr close
possible break out of descending trend, after ATH of last days. Also near fib retrace level .236 from ATH, so important resistance level. If broken and retested as support, it could mean another leg up for AXS, which is showing massive strength last week.