AXS is doomed at least for nowShooting star on daily AXSUSDT
Speedline break on AXSBTC
All indicates the end of bull run and be heading down from now on...
###NOT FINANCIAL ADVICE###
AXSUSDT
CRYPTO SHORT HUNTERits a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype.
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very high risk, because we couldnt define the resistance area before it reach ATH.
so, to define probability of the latest ATH is to combine many things!
1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme
2. combine with oscilator, define the trend reversal
3. draw important support line.
4. extra dicipline in stoploss!
AXS BEARISH FACTORS...All the factors that prove a bearish movement signal, are mentioned on the chart.
POSSIBLE LONG INCOMING On the 4hr we are deeply in oversold territory , so first possible retracement ....(long)
if price manages to respect the OB (chart patterns work and most liquidity is taken out,we will see a brief retracement
AXS Possible MovementsHi @everyone here is my TA on AXS/USDT on a 1h TF 07/17/2021 @ 7:16PM
- You will see a parallel channel ( large one ) which is an uptrend
- It broke down the lower trend line and complete a retest and got a rejection
- Then it continue to make a lower movement
- I'm seeing a similar pattern here but the difference, it's on down trend
- It can continue to go down further, possible target after 19usd is 17usd
- It can follow the parallel channel downward, unless we got a breakout, that would change the idea.
That's it guys! Take care! NFA, DYOR & TAYOR.
AXSUSDT ShortLooks like after a quite strong bull run and being super overbought, the bear run has gotten started for AXS, based on this TA we are gonna have a 5-3-5 ABC correction wave which the first wave seems to be finished, we're probably gonna be seeing some bull movement in the 4 hours timeframe since the RSI 40 is gonna act as a temporary support and and starting the wave B, but after that we will have a super strong bear movement to complete the wave C, which I assume the correction will go as low as 12 to 13 by the next week or two.
NOT FINANCIAL ADVISE
Please feel free to share your thoughts in the comments and if you liked the TA upvote it.
Crypto AXS USD (Can the parabolic move sustain?)Crypto AXS USD (16 July 2021)
This crypto is on fire as many are joining the fun by playing thr NFT game.
Now . $27 region is proven to the resisting factor and profit taking/Bear may come back if the price couldn't break UP that region.
By then, we shall see Bear candles soon. Ending today candle with the Bearish tone will be a good start.
My analysis is no longer valid the price stays above $27~$30 region.
Let's see
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looks like a short to meBroke trend line , on the hourly , stochastic shows room to drop. I expect a drop to around 19
#AXSUSDT 10x already, Is it over or more gas is left?Welcome to this quick update.
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.
Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.
Since this coin has been going bananas you never know it can even break $30 in few days.
My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29
IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.
BREAK AND CLOSE BELOW $24 confirm the downtrend.
Stop Loss:- $30.25
DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.
Thank you
Stay safe
#PEACE
AXS USDT - SHORT Poistion for FuturesRD- in 4H
Trend Line for Short Position
Reward : 8% Approximately
AXS Short on RetestIt took a long time but we finally broke parabolic support.
Short: $23.90 - $24.00
Stop Loss: 15 Min close above parabolic support
AXS USDT ShortAXS / USDT
Short Idea
Let it break the 1-H trend line and go to 22$
Then on the bounce towards 23$ you enter in shorts
Target is 1-H EMA 200 at 19.5$ - 20$
SL : 25.2$
