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Weekly forecast Axie Infinity technical chart
Symbol AXSUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (65.1427 to 49.2789). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (65.1427)
  • Ending of entry zone (49.2789)

DateJanuary 19, 2022 - 16:28
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 49.28, resumption of uptrend is expected.
  • We make sure when the resistance at 91.09 breaks.
  • If the support at 49.28 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI resistance #1 at 51 is not broken, the probability of price increase would be too low.
  • A peak is formed in daily chart at 84.0000 on 01/17/2022, so more losses to support(s) 65.1427 and minimum to Major Support (49.2789) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 37.

Take Profits:

  1. 83.0000
  2. 91.0875
  3. 111.6055
  4. 120.4969
  5. 138.8161
  6. 166.1540
  7. 220.0000
Click on the level to view price action history.

Symbol Released Current Forecast
Axie Infinity (AXSUSD) new Sat, 14 May 2022
Axie Infinity (AXSUSD) Sat, 7 May 2022
Axie Infinity (AXSUSD) Sat, 23 Apr 2022
Axie Infinity (AXSUSD) Sun, 17 Apr 2022
Axie Infinity (AXSUSD) Wed, 13 Apr 2022