Can AXS Recover? AXS has been on a downtrend for some years, but could this be the area of accumulation?
Price currently in a 2.272 window, which price has tagged before in the past, making a quick liquidity sweep. RSI Bullish Divergence is printing.
On a LTF price made a slightly lower low off of a minor wave 2
Trading activity
Transactions 260
BuysSells
109151
Volume 54.62 KUSD
Buys volumeSells volume
19.35 K35.27 K
Traders 125
BuyersSellers
5372
About AXSWRON_3230B9.USD
Related DEX pairs
AXS: Bullish Possibility for Axie Infinity#AXS was one of the top performers during the 2021 bull run delivering nearly 100,000% returns that year, followed by a 4-years long correction.
Passing $10 shifts the long-term bearish trend into a bullish phase. Breaking $2.22 invalidates this bullish idea.
#AxieInfinity
AXS in the Wave 2 ShakeoutWave 2 is known for being a shakeout period. After the initial enthusiasm of Wave 1, there's a pullback that can shake out some of the less committed investors or those who got in too early. The market sentiment during this wave can be one of doubt, confusion, or reevaluation rather than belief.
Axie Infinity (AXS)Axie Infinity is a blockchain-based trading and battling game in which you can collect, breed, raise, battle, and trade NFT token-based creatures known as Axies. Anyway, after the super upward wave of AXS finished, it entered into a correction, a long one. Now, it seems AXS is trying to break the do
AXSUSD, so simple, will long.The two oscillation intervals are horizontal oscillation intervals, starting from the far left and sloping downwards. The same principle applies to the oscillation intervals. To go long at the support level, it is important to use a reasonable and correct line drawing method
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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