NFT-AXIE INFINITY RECAP

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WHAT IS AXIE INFINITY
Axie infinity is a blockchain and nft token base trading battling game that is own and operate by its players/users.
axie/usdt price as from yesterday (28/11/2021) the price was around 125$.

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On Tuesday last week (26/11/2021) i saw a news on coindesk that a plot of land in axie infinity, an animated, metaverse pet- training game, was sold for $2.5million. according to a tweet on the game's twitter account.

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That’s a positive news on that token so we do be expecting little bullish run which is happening currently.
The 550 ETH sales was the highest for a single plot of virtual land, according to the tweet.

#Yesterday (28/11/2021) being Sunday AXS/USDT drop down to a major support zone. i did my analysis i switched to 4hr timeframe on tradingview.

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I quickly map out the rejection zone then I narrow down to 15m timeframe I waited for the structure to be broken indicating that the trend is changing from downtrend to uptrend.

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I waited for the retracement then boom I enter the trade around $126. Then I left the trade around $132 on future trading thou I’m currently holding same position on my binance spot trading.
This project is really a good project to look out for in the Crypto space, we currently shifting deeper into NFT token and this project is really amazing.



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