Axie Infinity just regained 20EMA support in satoshi, looks ready for a small recovery towards 100EMA.
⚡️⚡️ #AXS/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 11.0%
Current Price:
0.0002580
Entry Targets:
1) 0.0002611
Take-Profit Targets:
1) 0.0003049
Stop Targets:
1) 0.0002345
Published By: @Zblaba
NYSE:AXS #AXSBTC #AxieInfinity #P2E...
Hi dear friends, hope you are well and welcome to the new update on Axie Infinity ( AXS ) token.
Previously we caught more than 54% pump of AXS as below:
On a daily time frame, AXS has formed a bullish Butterfly move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
Last month, AXS finally broke through the downtrend resistance. Now price appears to be consolidating above the resistance-turned-support line and dipping its toes into the supply zone. With the recent Bullish Divergence (4h) and with the indicators entering buy zones, AXS looks like a great opportunity for averaging into a long position.
To...
Yesterday we looked at Axie Infinity (AXSBTC) on the weekly/long-term chart... Today we will have a look at the daily timeframe.
First, we can see how nicely EMA50 and EMA100 match the Fibonacci numbers.
We have the highest volume bar since November 2021 and a break above EMA50 yesterday and EMA100 today.
Bullish indicators, MACD and RSI.
Now, my reason to...
Here is one of those Altcoins with an "Eternal uptrend".
We can see the classic 5 wave count from our friend R.N. Elliot, followed by an ABC correction that landed at EMA50 and/or the 0.618 Fib. retracement level for the last bullish wave.
This can signal that a new jump is about to take place.
Zoom in on the correction:
We can see the descending channel...
General Guide:
1.) Anything above price is a resistance, anything below is support.
2.) Proceed with caution when taking a trade based off of this chart.
3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine"
4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts.
5.) Watch...
AXS has pulled back to the 200 EMA and is looking for support. I don't see an obvious Trend Support line, so I'm looking to the Supply Zone (area where a lot of trading has taken place in the recent past) to provide a respite for the bulls. We've entered my "buy zone" but I want to see divergence/confirmation before I consider an entry. Sellers appear exhausted...
AXS Holding a Bull Flag Pattern However, AXS is losing value almost weekly since late October. It doesn't seem that the bears are done selling yet as we getting closer to the pull flag lower end.
Short AXSBTC
I will entered this trade after a break below and retest of below 2000 sat zone
Entry trigger 4H close below 1950 sats
1st target 1680 sat zone
2nd target 1460 sat zone
Invalidation day close above 2350 sat zone
