AXSUSD trade ideas
AXS- 19,99$ in playBITCOIN AND CRYPTO MIGHT PUMP ON GOOD USA DATA:
Weekends have been very weak the past months but this could change. After all, crypto adoption is a trend. Not convinced?
well here it is: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin
Regarding AXS:
AXIE INFINITY’S AXS TOKEN IS A TOP ‘BUY’ OPTION FOR ETH WHALES :
NOW www.analyticsinsight.net
''Axie Infinity is a popular NFT token flourishing in the highly volatile crypto market as well as the NFT marketplace. AXS token has made a prominent position in the e-sports industry by becoming a play-to-earn NFT or cryptocurrency game. The piece of good news for AXS investors is that Axie Infinity has been successful in gaining attention from a large pool of the biggest ETH whales amidst the crypto crash ecosystem. The goal of ETH whales is to maximize possible profit from the NFT game.
Axie Infinity or AXS has become one of the top ten most-purchased digital assets in a daytime. At the time of writing, the current AXS price is US$15.19 with a market rank of 40, and a market cap of US$1,257,574,288.66. Axie Infinity performed very well in the highly volatile crypto market in June 2022 before getting hit by the crypto crash movement. Crypto analysts have speculated that AXS has a huge potential in the future for ETH whales to invest millions of dollars in it. The land staking feature in the Axie Infinity NFT game has made its sales jump to over 200%. It has successfully retained existing play-to-earn gamers as well as attracted potential new players after healing from the multi-million-dollar Ronin bridge hack in 2022.
This surge in the AXS price has thrown a plethora of opportunities to ETH whales to invest and drive profit in their diverse portfolios. The land staking feature has attracted 90% of the land owners to stake NFT tokens for rewards in the form of AXS. ETH whales have also observed the US$1.3 million of NFT sales from around 23,100 investors with a dramatic 205% increase. Thus, Axie Infinity has become one of the top buy options for ETH whales.
The NFT sale of Axie Infinity has created more popularity for the play-to-earn Ethereum-based game. It is transforming itself from a play-to-earn game into a play-and-earn game. ETH whales have looked into the week-over-week jump of Axie Infinity in the fluctuating crypto market to maintain a profitable wallet. AXS investors may experience a new battle system, visual upgrades, and all other exciting features so that players can customize and monetize the tokens as per their choices.
Thus, seeing that Axie Infinity is one of the top buy options for ETH whales, it can be predicted that the AXS token is rising to its former glory before the hack. It has created a new type of job market enabling crypto investors a quick return in the NFT marketplace.''
My chart shows support i would like to Buy and the way i read the situation allows me to do so. DYOR or even better: tell me your opinion.
One Love,
the FXPROFESSOR
AXS, a weekly rebound.The following are machine translations:
In the weekly chart, the weekly line is currently stabilizing and rebounding, and the volume is gradually increasing. Since its launch last year, it has been rising in waves, and then it has been bearish all the way. The weekly line has stopped falling and closed continuously, and it is expected to bottom out and rebound.
The indicator macd has golden cross for the first time since it went bearish, and the RSI indicator began to rise upwards in the bearish range trend.
Summary: Comprehensive form and indicators, currently seen as a weekly rebound, bullish, is expected to be near 30.
AXS- Healthy Breakout and New MarketplaceAnother breakout, this time on AXS.
Let's see if the price can go higher now.
News: Axie Infinity Announces Launch of New Marketplace Upgrade
Axie Infinity will deploy an upgrade to Axie Marketplace this August.
The upgrade will support NFT runes and charms and use ERC 1155 standard.
Due to this upgrade, all marketplace listings will be taken down, and players will have to re-list their Axies.
Sky Mavis, the creator of play-to-earn blockchain gaming platform Axie Infinity, announced on July 19 the launch of their latest update, which is set to be deployed to Axie Marketplace from August 2022 onwards.
This update will enable the marketplace to utilize the ERC 1155 standard, which will allow support for NFT charms and runes. Further, it will include performance upgrades to regulate the increased traffic that comes with periods of growth and adoption.
As the common practice on most NFT Marketplaces, this listing will also be featured for a maximum duration of six months to combat NFT pollution. Due to this upgrade, all marketplace listings will be taken down. Those holding Axies that are currently listed will have to re-list them once the upgrade is up and running.
Migrating the Axie listing requires ‘sign transactions’ from the Axie holder. Sky Mavis declared that they will be unable to do so as the creation of a mass re-listing tool would add more complexity to the launch and take up development resources that could be utilized on more important features, such as badges, upgraded bundles, and offers.
Hence, this upgrade is believed to serve a much-needed reset besides paving the way to support NFT runes and charms. Some of the benefits this upgrade brings along are as listed below:
Players who have listed their Axies will return to re-list and discover the recent updates to Origin
Marketplace sales will not go into ‘blackholes.’ (e.g., players who have lost their private keys or left the ecosystem forever)
The upgrade will enable players to re-assess the listings that were made in a dramatically different market environment.
Apart from this announcement, Sky Mavis is also hosting Axie Infinity’s latest breeding event, Lunacian Summer, in the Lunacian metaverse from July 14. The event will last for 50 days (till September). According to the team, automation breeding is prohibited during this period.
This breeding event, launched in 2018, has given rise to a remarkable generation of breeders and collectors for two consecutive years (2018 and 2019). Meanwhile, Sky Mavis is also preparing the long-awaited game reboot, Axie Battles V3 (AKA Axie Origin).
One Love,
the FXPROFESSOR
AXSUSD (Daily) Bullish reversalHi Traders
AXSUSD (Daily Timeframe)
Waiting for the upward break of 18.60 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 12.30 would cancel the bullish scenario.
Trade details
Entry: 18.60
Stop loss: 12.30
Take profit 1: 22.50
Take profit 2: 28.80
Score: 4
Strategy: Bullish reversal
AXS 1H Long IdeaBullish low time frame structure on 1H chart with consecutive higher highs and higher lows - therefore long bias for short term trades.
One hour bullish orderblock identified which is confluent with POC (red line). Wait for retest then long to nearest swing high, with potential to stay in trade to ride further uptrend. Not shown on chart but EMA 26/50/100 are all sweeping upward and placed as support on 1H chart - potentially meaning that price will not retrace back to my entry, but we will see.
Stop loss at nearby swing low.
AXS - Insane Volatility and Trading OpportunitiesAXS AXIE INFINITY at crossroads: Sitting on a massive Support that can lead to a 48% rebound...or can be lost and lead to a 51% further decline
Which one is more probable?
NOBODY knows!
What we will do is follow our chart and the price and chase it in either direction.
Welcome to day-trading.
One Love,
the FXPROFESSOR
AXIEEEEAyo this is a highly super duper speculative trade, but I am short af everywhere else, so why not grab a minor position at the golden pocket eh?
Profit from AXS shorting goes to AFFYN bag 💰🐣Hello fellow traders,
AXS was one of those 'Go short' trades'.
One can simply buy the dip in this kind of situations.
Instead I have decided to use this new budget into getting more AFFYN.
Why FYN token of AFFYN?
Simply because:
-AXS and AFFYN are related. They are both metaverse PTE tokens
- AFFYN has room to x250 if it will ever catch AXS
- I believe it will catch AXS in the next 2 years
Just my thoughts..no advise here. Feel free to do your own research
One Love,
the FXPROFESSOR
AXS- Can we see a PUMP?Nice support for AXS and we like to attempt a LOng position at this stage.
let's Pump a bit?
One Love,
the FXPROFESSOR
AXS, yang wraps yin.The following content is machine translation:
On the daily chart, at present, yang covers yin, and there may be a short-term rebound.
The indicator macd started to turn bullish. The RSI indicator has returned from the oversold zone to the normal range, and the rebound is viewed.
In terms of operation, it fell and received more during the day, and the maximum stop loss was 12.2.
AXSUSD ❕ bullish flagAXS broke up the downward channel.
The correction is happening on declining volumes.
The price is forming a pattern Flag.
I expect that the price will growth after fixing above the support level.
Detailed Analysis - BTC, ALTS, NASDAQ, APPLE + EMPLOYMENT DATAIt came out being a Long video:
BTC looking great
ETHEREUM and some ALTS looking bad
Few ALTS look promising on new support levels
Bitcoin dominance looks like it will fly
Nasdaq is unclear, we wait for opening
APPLE is under 2 resistances and it's a key chart for what happens next
Data in ASIA and CHINA are good but Euorpean data sucks at the moment and the key afctor will be:
USA NFP THIS FRIDAY!
Why is employment key?
Because of this:
One Love,
sorry for Long video
AXS - Market is NOT Looking good atmAXS is one of the charts that keep us worried about the next hours/days as the prices have failed to have a proper rebound and are close to check again some of their key support levels.
That level for AXIE is the 19.99 (call it 20$) mark.
If that breaks then technically the next support is way lower at 13.8$
Scary.. be on Alert as the market might take another dive. Always advisable to have some short positions on and ours right now is on AXS..Just like with Luna:
We are not saying that AXS will go to zero but we ARE saying it can go to 14$ if it loses the 20$
Always hedge.
One Love,
the FXPROFESSOR
AXS - Dangerous VolatilityAXS failed to hold the 21.87 and is technically between support at 19.99 and resistance at 21.87
The chart is kinda scary so we will post this as a SHORT idea.
If the price loses ground and dips below 19.5 axs HOLDERS COULD BE IN FOR A BAD SURPRISE.
BE AWARE, BE ACTIVE, BE A TRADER
One Love,
the FXPROFESSOR
AXS - Nice BreakoutAXIE Infinity just broke over resistance and could become explosive.
Is the Metaverse and Play to earn back?
Could be! (fingers crossed)
One Love,
the FXPROFESSOR
AXIE - Short Set-UpAXIE INFINITY chart update and still not convinced we could se a serious Pump here yet.
On the contrary, this is a textbook definition of a short, unless the markets can push it higher over 22.45 where it can find support.
Until then, we are short.
One Love,
the FXPROFESSOR
AXS- Off Balance and ScaryAXIE Infinity chart is off balance as the price is now flirting with as low as 13.8$
Scary... given that it has just lost the 20$ psychological mark as well.
Time to be really careful again here.
One Love,
the FXPROFESSOR
Axie Infinity bottom in at $17 then take off! AXS trend down, bounce off bottom out of channel and into the new up trend.
Not trading advice. Pure speculation.
AXS - UPDATED CHARTSupport at 20$, Resistance at 23$ and once/if over then off to 29$- this is the most likely scenario...that means that the market helps.
If the situation does not help then we have a clear entry for a short at 19$ all the way down to 13,8$.. this is the unlikely scenario but still it exists.
News:
Binance CEO Says Axie Infinity Handled Its Crisis Better Than Terra With UST Depeg
In a Twitter thread, the Binance boss shared his disappointment in how Terraform Labs team handled its ecosystem’s collapse.
One Love,
the FXPROFESSOR
AXS - Back On The RISEAXS needed a break and to touch base with reality... and now is time for Higher
That's our chart saying, not sure about the fundamentals and all but Play to Earn sounds like a winner.
Have some fun and read this now : ''My brief wondrous life as an Axie Infinity gamer''
Crypto rookie Joel Stein dives into Axie Infinity and the curious economics of ‘play to earn.’ Will his teenage gaming dreams come true?
''Of course I want to play to earn. I want to earn money doing all the things I enjoy. Eat to earn? Sure. Watch TV to earn? I’m in. Sex to earn? Historically that’s had complications, but I’m confident that the blockchain can work those out. ''
REF: forkast.news
One Love,
the FXPROFESSOR
