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Axsanalysis

AXS: A GOOD MOVE COMING IN.Hello traders. I hope you guys are doing well. Here's an update on AXS in 3 days timeframe. AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials. Key points: Resistance: $10.8. Invalidation: $6.5. Target: $16. That's it from my end. Have great hours ahead. Trade safely.
Long
by Dexter_The_Trader
3
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart. In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14 The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform. Moreover, the trading balance of one of the users was in the region of $1 million. CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help. Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher. Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year. Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue. It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60. We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10. The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22
AXS/USDT - LONG --> Divergence ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ AXS/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 9.75 - 100.0% Take-Profit Orders: 1) 10.51 - 70.0% 2) 11.08 - 20.0% 3) 11.99 - 10.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
axs coin more dump comming?AXS/USDT 4h time frame update :- AXS Coin currently trade around 8.7$. (Under high pressure) cauze some bad news about axie infinity projects. Till 25 october we are in bearish mood on axs coin but high volitily expected under this project so some small trade possible. Like took trade below 8.5$ for some quick profite. And 2nd trade took below 8$. Before 25 october don't buy it in spot trade do trade with proper risk management⚠ follow me for more updates. Remining things i update you time by time🙃
Short
by CRYPTOPLAYERS-01
5
#AXS/USDT 2HOUR UPDATE BY CRYPTOSANDRS !!Hello, members welcome to AXS/USDT 2hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart the AXS/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up all the way to $38.32 means almost 70%. So if it moves to the green zone again then it will be the zone to go long on AXS/USDT entry:-$21.10 , $22.30 target:-70% stop-loss:-$19.60 with leverage 5x to 10x Sorry for my English it is not my native language. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
AXS cryptocurrency - counter-trend trade with a target of $43Everyone who had the opportunity to watch the online growth of the cryptocurrency AXS in the period from June to October 2021 is now shocked. The gaming token, which grew uncorrected and ignored the local waves of bitcoin decline, is n ow one of the weakest . The global prospect of falling AXS is great. We believe that the price of AXSUSDT may fall to the range of $19-21. The main question is whether sellers will be able to realize such a fall without deep rebounds. The global breakthrough of the initiative on the cryptocurrency AXS occurred after the breakdown of the $43 range . All this happened without increased trading volumes, which confirmed the need for cryptocurrency now. If we analyze the trading volumes not only on the Whitebit exchange (according to the charts of which we are now analyzing) but also on other exchanges - it becomes clear that trading volumes began to grow in late April 2022. Of course, these trading volumes are not equal to July 2021 . As a result, a consolidation in the range of $27-35 was formed. These facts suggest that the sellers do not have enough strength to continue to fall without correction. In addition, the price of BTC also came at a critical moment, from which buyers still have a chance to organize a local wave of growth. Analyzing the graph of USDT dominance, we see that the figure is at historical highs. All indications are that now is an important critical point, which will set the direction of price movements in the medium term. Going into a short position is now much riskier than trying to catch a counter-trend deal. Opening a short position for us would be wise after the $43 test mark. As long as we see the local weakness of sellers there is a chance to catch a correctional wave up: AXS trade Entry: $27.4-28 Stop : $24.97 TP-1: $34.2 TP-2: $43 Importantly: 1) The size of the position must be smaller than usual (counter-trend agreement) 2) The size of the position should be divided into 2-3 inputs. One part to go today, the other - May 7-8 (if buyers keep the price). The last entry into the position should take place after active rebounds of the AXS price up. We recommend that you follow these rules when trading against a trend. So you will not miss trading situations and in case of error (and they will be) losses will be controlled.
Long
by P_S_trade
24
AXS going for another all-time high?Weekly timeframe for AXS shows a hidden bullish divergence, would it go for another all-time high? =================== Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable. READ THIS NOTE!! Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Long
by CallMeBeginnerTheExplorer
AXIE INFINITY! THE $50 SUPPORT LEVEL WORKED OUT.Since November 2021, we have seen most cryptos and altcoins, even Bitcoin concede downtrend movements.. Price has continued to move to the downside here on AXS, but the support level at $50 has been holding strong so far.. We've seen price bounce multiple times from this key level. Would we see a bullish rally? Well, we might want to wait for uptrend structures to confirm a bullish rally. But we must understand that "buying the dip" is important at this time. The all-time high is priced around $163, so picking up AXSUSDT here at $50-$60 is really reallyyyyyy cheap, basically at a discounted price.. I'm long on AXS. I'll be waiting for a new ATH.
Long
by Men_of_The_Markets
2