Entry price: Limit order at 119,537
Target price 1: 101,570
Target Price 2: 72,837
% decrease: P1: 15% P2: 39%
DMI: The ADX line is showing strong signals of a trend and the D+ line is staring to slope
downwards as well as the D- line is showing signs of a downtrend as about to start.
RSI: The RSI line was above 70, a t81,80...
After some consolidation period in August and September, AXS broke out and made new ATH , following announcement of a staking program.
It got extremely overbought ( RSI > 80) and now it’s consolidating but overall remains bullish .
Nearest Support Zone is $120, which it broke, then $95.
The nearest Resistance Zone is $150 ( ATH )
If Bitcoin allows it, this looks ready to be sent to one of the fib extensions. Showing strength early, while most other alts are getting killed. AXS / BTC pair looks great as well. Will post chart on that shortly.
AXSUSD is around the important pivot of $73. Do you think it will reach the previous high of $94?
MACD on the 4H and Daily has just crossed the Signal Line and I am expecting more strength.
I appreciate if you write in the comments all your questions and instruments which you would like to see analyzed.
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The price is on the rise once again as the latest Axie Infinity price analysis confirms the bullish comeback. Although the price underwent a significant decline in the past few days, today’s trend has been relatively on the profitable side. The buyers are at advantage now as the price has been able to resettle at the $123.45 level once again. Although the...
Axie obviously looks the strongest out of the three projects I currently hold
The narrative in this cycle seems to be: BTC, BCH, memes and gaming.
Defi didnt move this cycle as much as the previous one.
HOWEVER its early in the cycle and BTC is always strong in the beginning.
The following is the content of machine translation
Judging from the history of the daily chart, the long-term earthquake did not fall, and the big Yang line broke through the box.
The market has fallen sharply recently, and AXS can quickly pull the box, which shows its strength.
The currency circle generally fell yesterday, still maintaining an 8% rise.
This Instrument has a good chance to go to a new high, I cant add moving average or many other indicators since not enough data.
So I use Price Structure to find out the support and resistance and Fibonacci Extention levels.
💎 AXSUSDT has broken above the resistance. It has also broken above the triangle which it formed. We expect a pullback to the pullback zone before it goes higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 80.000000
☕️ TP1 89.512260
🍺 TP2 94.000000
🍻 TP3 99.000000