AXSUSDT.5S trade ideas
Axs On Verge Of Years Old Downtrend Breakout Finally getting life and showing signs of reversal
on verge of years old downtrend formed text book falling wedge in 3 days tf and trying to clear it and im also expecting breakout soon
incase of successful breakout expecting some solid gains in price of axs incase of successful breakout expecting 320 to 350% bullish rally In midterm
AXSUSDT - Another Falling Wedge Falling wedge pattern. A bullish structure.
Moving averages on this 4Hr timeframe can be seen to be very similar at the arrows placed.
Suggesting that an upward move is following this second bottom that is forming.
I expect if price rises to go to the red resistance line that is dashed.
AXS accumulation Zone , Breakout possibility I Believe that we have an accumulation zone and that allow us to have a good support level and a breakout posibility so we test the market and wait for the first confirm on the resistance line and if it will succeed we move to the first target profit .
Let me know your thoughts ?
AXS/USDT Bullish Move Ahead? | AXS Analysis Today💎 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 steam, and there's a high likelihood that the price will shatter the order block to reach new heights.
💎On the flip side, if sellers gain the upper hand and the price dips below the support, it could open up an excellent shorting opportunity.
💎 Stay engaged for more savvy trading insights!
AXSUSDT LONG OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
$AXSNYSE:AXS
On a daily timeframe level the price action of NYSE:AXS consolidates within the Descending Triangle pattern level where the price action
The price action has left out the FVG gap level between the $5.16 to $4.96 level
Possible risegood order block with good imbalance is spotted, a 3 push with RSI divergence is seen. If price comes in to the order block and forms a choch in 4hour time frame, then we can be hopeful to a rise.
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
Buying axs hereRsi showing over sold on four and one hour time frame but if it reaches the blue zone which isthe demand zone am going to long it fully.
AXSUSDTHello Traders,
As we can see that after a long bearish move AXS comes to support now we can expect a bullish move from here, we can take a long position here.
AXS CAN CLIMB UP TO 600%Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AXS symbol.
We have already analyzed AXS. Given that our diametric is forming with a gentler slope, the green range for AXS is expected to be a trend changer.
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
#AXS/USDT - Long - Potential 4.82%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_AXS
Exchange: BINANCE
Timeframe: 360
TP1: 6.31
Entry: 6.02
STOP: 5.73
Entry Conditions:
| Bullflag break
| 20MA break
#AXSIt is moving in a downward diagonal triangle, and if it does not stabilize above 6.25, this downward trend will continue.
AXSUSD ❕ tests the supportPrice and RSI chart formed a convergence on 4H TF.
AXS has fixed above 50EMA on 4H TF.
I believe the asset will continue to rebound.
Axie Infinity longAxie Infinity broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 6.56 is possible.
AXSUUSDTHello Traders,
As we can see the chart of AXSUSDT it has broken the support and also retested succesfully we can open a short position here, follow chart pattrn to open a position.
AXS/USDT upward momentum? 👀🚀 AXS today analysis💎It's currently maneuvering around a pivotal support level, echoing a familiar fractal structure.
💎 A few days back, AXSUSDT skillfully formed equal highs, subsequently embarking on a downward trajectory. This move was accentuated by a liquidity sweep and a transformation from demand to supply.
💎 Presently, with the recurrence of a similar fractal pattern, we anticipate AXSUSDT to embrace a bullish trajectory, mirroring its previous actions at this level.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
AXS and the 2024 Risk to reward Potential opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 2024 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Indecision position | Up or DownWeekly 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
AXS target 12.8~13.912h time frame
-
AXS broke that falling wedge and creating a small wedge so far
Current wedge get broken out would be a better entry to uptrend continuation
TP: 12.8~13.9, 16.46, 19.69
SL: 4.43
*If price reach 15.1~16.4, adjust SL up to 12.86
Axie Infinity (AXS): A Universe of Digital PotentialAxie Infinity, a creation of the Vietnamese studio Sky Mavis, operates within the realm of non-fungible tokens (NFTs). The game revolves around digital entities known as Axies, which share certain resemblances with Pokémon. Players nurture these Axies as virtual pets, focusing on various aspects like battling, breeding, collecting, raising, and establishing kingdoms. The game offers an in-game economy where players can monetize their efforts through selling items (Axies they breed, virtual real estate, accessories, etc.) via the game’s NFT marketplace and also acquire tokens.
While my analysis is founded on an objective standpoint, I must admit I hold a personal bullish bias towards Gamefi cryptocurrencies, with Axie Infinity (AXS) being the catalyst that ignited my interest in the crypto ecosystem.
My initial investment journey with AXS started on the Binance platform and later transitioned to OKX mid of the previous year. AXS was launched in November 2020 on Binance, whereas its listing on OKX occurred later in July 2021.
Historical Price Analysis
Binance Era:
Launch: AXS opened at $0.50 on Binance on November 20th, 2020, during BTC's '20 bull run. A subsequent 14% drop in BTC led to a 35% dip in AXS, forming a major support at $0.37. A sharp recovery of 125+% occurred in the next 22 days.
Early 2021 Rallies: Breaking the previous rally's high on January 26th, 2021, AXS achieved an impressive 60% gain in 11 days, creating another crucial support at $1.345.
Bull Run Impact: From February 26th to July 28th, 2021, AXS skyrocketed 3275% in conjunction with the broader crypto bull run.
OKX Integration:
Resistance & Support: Upon AXS's OKX debut, resistance at $45.50 and support at $37.50 were established.
All-Time High: Amidst hype and economic concerns, AXS reached its all-time high (ATH) of $165.67.
Current Market Position
Downtrend: Since November 25th, 2021, AXS has faced a bearish downtrend with an Area of Interest (AOI) ranging from $115-102. The break of major support at $91.85 without substantial buyer intervention led to a sell-off, reaching the current support at $5.96.
Significant Support Level: The $5.96 support level has seen major rallies (November 10th, 2022, and December 31st, 2022) and a significant 17% drop on June 10th, 2023. A recovery above this support level indicates weakness as the price revisits this area.
Where Do We Stand?
Trends & Indicators: Observing the major downtrend since early May 2022, with three significant attempts to break, and considering the 50 and 200 EMAs (Exponential Moving Averages), the 50 is acting as resistance.
Bullish Signals: The first bullish signal created by ROBO at $5.885 remains intact, suggesting that shorting is not advisable despite potentially bearish signs.
What's Next?
Potential Downside: If AXS fails to sustain above $5.96, a downward movement could occur towards two significant areas highlighted for mid-short term perspectives.
Potential Upside: Should the price hold above $5.96 and challenge the AOI or attempt to break the current downtrend, a psychological shift could lead to a potential rally.
Patience: This coin will require careful observation and patience as the market dynamics unfold.
Conclusion
Axie Infinity (AXS) represents an engaging and complex intersection of gaming, blockchain, and digital economy. Its journey showcases the volatility and potential within the GameFi space. The coming months may reveal whether AXS can capitalize on its support levels or succumb to bearish pressures. As always in crypto, vigilance and strategic insight will be paramount for traders and investors navigating this dynamic landscape.
