AXSUSD.P trade ideas
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 downtrend line. If successful, the next impulse wave might have begun.
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
AXSUSD PredictionAXSUSD seem good to fly from $4.70. I'm not buying since my coins floating from $7.
$AXS - Weekly I'll be fully out at $45 and hop on to something with better returns!
SPOT BOUGHT AND STAKED!!!
(SL can extend to $3.9 in case of clean break out below $5-5.5)
Axie Infinity breaking above inverse head and shoulders necklineAs with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over from the meme coins and may even do so here soon. *not financial advice*
AXIE INFINITY can rally 500% The rewards are higher
getting before the right shoulder is completed
versus waiting for a neckline to be broken
Some say the risk should be higher as well ?
Actually not in my opinion
Cheaper prices are insurance as the higher these coins go the more risk they carry
especially as we enter the Alt season.
Smash the like if you think this pattern looks good.
#InverseHead&Shoulders
AXIE INFINITY #AXS to $11 soon.It's about to break the neckline of an inverse head and shoulders.
You can see the Right shoulder is far shallower
and vastly compressed in time duration in comparison to the Left shoulder
Leading to my assumption that it will breakout soon and move QUICKLY to the target!
Accumulated some $AXSI have accumulated some $AXS. This may be a bad decsion. This may turn out not so bad. it is one of the gaming coin. I am hoping to sell around $275. At the end, this is a gut feeling. Not financial advice.
AXIE Gaming to $30+. inverse head & shoulders...It took a year and a half to make this beautiful pattern
But the targets could be made by June!
We don't know
but that's how these things tend to play out.
As always best of luck in your speculations.
AXIE INFINITY UPDATEHi guys in here is my new update for this week regarding axie infinity gaming token
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Thanks for watching...
RiskMastery's Breakout Coins - AXS/USD EditionWelcome to RiskMastery's Breakout Coins - Coins with breakout potential.
In this edition, we'll be looking at KRAKEN:AXSUSD ...
I believe this code is at a point of potential volatility.
If price can hold above $10.115 ... Bullish potential may be unlocked.
My key upside targets include:
- $12.798 (Conservative)
- $16.579 (Medium)
- $22.481 (Aggressive)
If however price falls below $8.119 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
AXIE INFINITY LOOKING BULLISHIn this video i will give you a breakdown of AXIE Infinity gaming token
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AXSUSD (1H) - Bullish reversalHi Traders
AXSUSD (1H Timeframe)
Waiting for the upward break of 8.610 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 8.040 would cancel the bullish scenario.
Trade details
Entry: 8.610
Stop loss: 8.040
Take profit 1: 8.960
Take profit 2: 9.530
Score: 6
Strategy: Bullish reversal
Axie Infinity AXS in a possible Bullish Flag. Ready to pop up?In recent days, Axie Infinity has undergone a notable bearish trend. However, it is currently showing signs of accumulation and forming a bullish flag pattern, which suggests a possible upward movement. We remain optimistic that the support level at $8.61 will remain intact. Nonetheless, it is crucial to exercise caution and closely monitor the dollar index (dxy) and stable coins. An increase in the dxy or positive movement in stable coins could indicate a potential further decline in the cryptocurrency market, as panic selling or profit-taking by major players may push the market even lower in order to buy at a discounted price. Just my 2 cents.
GAP PLAY Like the chart and low supply everything is right but not a fan of any NFT coin
If to drop NFT factor and take in account that when market becomes expensive everything trades sooner or later ___ the gap plays are going to be one of the guaranteed targets and easy to play especially with low supply.
Is Enough Fuel Left For AXS To Jump To $9.5Rounding Bottom Formation: AXS price demonstrates a potential trend reversal with the formation of a rounding bottom pattern.
Potential Price Surge: Anticipating a substantial 35% surge as the breakout rally hints at a target of $9.50.
Remarkable Recovery: AXS price shows a remarkable recovery, soaring by 62% in the last 40 days from $4 and surpassing the 200-day EMA.
User Base Expansion: A growing user base on the Axie Infinity platform contributes significantly, marking a notable 31% increase in the last 30 days.
Bullish Breakout at $7: A significant breakout at $7 signals a bullish trend reversal, solidified by an upsurge in trading volume.
Current Price & Trend: AXS is currently trading at $7.05, showcasing a 5.26% intraday growth; however, a long wick raises concerns about a potential downtrend.
Technical Indicator - EMA: Positive price movement in AXS hints at a potential golden crossover between the 200-day and 50-day EMAs, potentially indicating a longer uptrend.
MACD Indicator: Increasing buying pressure is reflected in the MACD and signal lines, showcasing a positive crossover to support the ongoing breakout rally.
Market Recovery Influence: The upcoming market recovery phase could further fuel the breakout rally in AXS, especially with the growing number of Axie Infinity users.
Price Projection - $9.50 Target: Given the positive sentiments and rounding bottom breakout, a surge to $9.50 is anticipated; however, dropping below $7 might trigger a retest at the 200-day EMA around $6.
AXSUSD: Falling Wedge broken.Axie Infinity turned overbought technically on the 1D timeframe (RSI = 79.330, MACD = 0.200, ADX = 48.531) as it crossed over the LH 1 trendline, which was the top of the twelve month Falling Wedge. Despite this brute force of breakout, the 1W timeframe is still only neutral and the price remains under the 1W MA50. This is a potential indication that, along with the recently formed 1W MACD Bullish Cross, AXSUSD is underpriced on the long term and there is still strong upside left on the current rally.
Besides the 1W MA50, we have the LH2 as a Resistance right ahead of it. We are taking a low risk breakout approach on this and will buy after the 1W MA50 breaks. Our target will be the R1 level (TP = 14.000), which depending on how aggressive this rally will be from now on, might make contact with the 1W MA100 there. A break over the 1W MA100 then, targets the R2 level (TP = 20.5000).
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AXSUSD: 1D MA50 rejection within the Channel Down. Bullish aboveAXSUSD is testing now the 1D MA50, which is sitting a little under the top of the prolonged Channel Down pattern that began at the start of the year. The 1D technical outlook is neutral (RSI = 46.158, MACD = -0.240, ADX = 38.786) meaning that a crossing over the top of the Channel Down will turn the trend bullish but as long as the price stays inside it, it is bearish.
This might be a rejection similar to May 17th, which dropped to a Fibonacci 2.0 Lower Low. For now we are bearish, targeting the respective Fibonacci 2.0 (TP = 3.1500). If on the contrary it breaks above the Channel Down we will buy and target the 1D MA200 (TP = 6.3500).
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Keep an eye on AXSAXS can go to $11.60 it has almost broken out of its downtrend. If it doesnt reject from the blue line it should break out soon.
Scoop Axie in the $6-7 range
Axis has been ranging and consolidating for over 6 months now and has been making some bullish high volume moves lately. It could still drop another dollar to previous lows and be bullish from there; but I anticipate it making a higher low before then. BTC looks like FWB:25K support, so that could help fuel an alt rally.
First target in the $9-10 range; but it could go much higher, The all time vwap is in the 30s which I will show in the macro chart below.
AXS long setupGaming/meta play. Looking to scale into position on 15/30 min chart flat support levels. Target 1 127% fib extension, target 2 161% fib extension
AXSUSD 1h Time Frame AB=CDAXSUSD 1h Time Frame
There is no divergence on the RSI and we can see a AB=CD Harmonic pattern.
Entry Point: 9.26
Stop Loss: 8.84
Take Profit: 9.69
Risk: 1%
