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AXS / TetherUS

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AXSUSDT trade ideas

AXS: Approaching ResistanceTrade setup : Following news of AXS taking steps to decentralize, price bounced off of $6 support level, with huge volumes, and reached $10 resistance. If it breaks that, the next major resistance is $14, which is also 200-day moving average. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10, then $14, and $20.
Long
by altFINS
1
Axie Infinity Breaks Bullish (Grows 77.7% In 4 Weeks)Another altcoin that is looking good today is Axie Infinity (AXSUSDT). We can see the classic consolidation pattern in purple, a symmetrical triangle, that just broke to the upside. We see pairs that produced a higher low in November compared to June, breaking bullish. But we are also seeing the pairs that produced a lower low in November compared to June, yet still breaking bullish. This is a strong market-wide signal and predicts an upcoming change of trend for the Altcoins market. EMA10 We use for the short-term. Below bearish and above bullish. EMA50 We use for the mid-term. We see AXSUSDT going above EMA50 on high volume and a very strong RSI. Telling us that the mid-term trend for this altcoin is changing from bearish to bullish. Just as we saw with NMR, CRO, FXS, ANT and so on. Since the trend is changing, what we see now is only the beginning. You can expect additional growth in the weeks to come. Think Dogecoin and Litecoin. These moved ahead... The rest of the Altcoins market will follow. Namaste.
Long
by MasterAnanda
2
🔥 AXS Short-Term Bull-Flag: Parabolic Move ContinuedAXS has seen a big bullish move today. As of now, AXS is seeing some minor consolidation after the initial big move up. In my view, we're currently trading in a bull-flag, which should theoretically break bullish sooner than later. I'm waiting for a break of the top dotted trend line for confirmation. First target is rather conservative, second is more risky with a higher Risk-Reward ratio. Be patient for the break out.
Long
by FieryTrading
6