Hi friends! AXS was a top gainer of 2021 and even in this market conditions make +70% from it's bottom.
Actually it`s look like a big accumulation range at the bottom and now we can see the exit out of this range. As you know, breakout of the range is leading to the pump of crypto so we shouldn't miss this movement.
ADA had the same base and now it`s on the...
Hey colleagues ,
Another coin that looks interesting to us is AXS. We see how nice of a pattern we have formed here with Higher-Lows in making - we see a clear flag pattern here! As it is getting tighter in pattern so does our time to decide where we should move from here so we have two scenarios at the moment.
Firstly - We should break from $19 Resistance and...
We have the classic rounding bottom pattern.
We have a strong reversal hammer candle 14-July.
Short-term target set at $20.
Still short-term we will see $25.
Then it can take a bit longer but still pretty fast $34....
We can say that $48 as resistance can be strong.
More details on the chart.
The price is testing the daily resistance at 19$ area where the price created a false breakout as well.
The price is creating a pennant below the main structure
How to approach it?
IF and only IF the price is going to have a breakout from the daily resistance and retest it as new support, According to Plancton's strategy , we can set a nice order
I see a bull flag in white, and cup and handle in green. Price is currently backtesting the bull flag/falling wedge (from the cup and handle.) Slight hidden bullish divergence with the RSI and price. MACD may turn light red then have a bullish cross. Daily MACD did just have a bearish cross and daily SRSI is coming down. So do keep that in mind.
AXSUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off, bullish trendline is broken and price action is making LHs.
Short on bearish engulfing @ 18.34
TPs are based on previous strong support zones:
- TP1 - 17.09
- TP2 - 16.31
- TP3 - 15.53
". There is a possibility of temporary retracement to the suggested support line (16.34).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. AXSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Today we came across AXS /USDT. From last time (21st of June) we have seen a bearish market for the AXS since then. We tend to hold this coin until $40 but if price should drop below $13 USDT then we suggest you to close this position.
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-Axie Infinity is a Pokémon-style digital pet universe built on the Ethereum blockchain where anyone can earn tokens through skillful gameplay and contributions to the ecosystem.
-The asset is now in an ascending channel, I expect that the...
If it continues its upward movement, it can touch the high numbers.
according to the rectangle pattern, it is still technically in the descending rectangle pattern.
it's just my opinion, nothing more!
JUST WATCH THE CHART...
Just in my opinion, AXS Can go higher to 26.55. If you want to Draw, AXSUSDT already breakout the bullflag Pattern and now on retest mode
Disclaimer : Do Your Own Research First, I'm not a financial Adviser. This is High risk signal, don't entry if you want to blame me when this signal fail.
AXSUSDT | ENTRY : 18.05-16.60 | SL : 15.15 | TP : 26.55