AXIE INFINITY SHARDS - AXS/USDT
AXIE INFINITY SHARDS - AXS/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: AXSUSDT
ISIN:

AXIE INFINITY SHARDS - AXS/USDT - 1H - Technical analysis published on 07/15/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 24.33 USDT
My targets
26.82 USDT (+8.36%)
34.08 USDT (+37.70%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 24.33 USDT remains possible. It is advisable to trade AXIE INFINITY SHARDS - AXS/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 24.33 USDT. The next bullish objective for buyers is set at 26.82 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.08 USDT. PS: if there is a bearish break in the support located at 24.33 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AXIE INFINITY SHARDS - AXS/USDT price is 24.75 USDT. The price registered an increase of +6.13% on the session with the lowest point at 22.68 USDT and the highest point at 29.15 USDT. The deviation from the price is +9.13% for the low point and -15.09% for the high point.

22.68
29.15
24.75

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of AXIE INFINITY SHARDS - AXS/USDT indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 19.57 22.51 24.33 24.75
Change (%) -20.93% -9.05% -1.70% -
Change -5.18 -2.24 -0.42 -
Level Major Intermediate Intermediate -



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.7617.6720.5022.4125.2427.1529.98
Camarilla22.0222.4522.8923.3223.7624.1924.62
Woodie16.2117.9020.9522.6425.6927.3830.43
Fibonacci17.6719.4820.6022.4124.2225.3427.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.413.1610.4214.9922.2526.8234.08
Camarilla14.4315.5116.6017.6818.7619.8520.93
Woodie-0.073.8311.7715.6623.6027.4935.43
Fibonacci3.167.6810.4714.9919.5122.3026.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.751.813.744.806.737.799.72
Camarilla4.855.125.405.675.946.226.49
Woodie1.192.034.185.027.178.0110.16
Fibonacci1.812.953.664.805.946.657.79

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.62
MACD (12,26,9): 0.7400
Directional Movement: 0.33
AROON (14): 35.71
DEMA (21): 27.12
Parabolic SAR (0,02-0,02-0,2): 28.88
Elder Ray (13): -0.73
Super Trend (3,10): 29.04
Zig ZAG (10): 24.99
VORTEX (21): 1.0500
Stochastique (14,3,5): 23.91
TEMA (21): 26.80
Williams %R (14): -92.47
Chande Momentum Oscillator (20): -1.66
Repulse (5,40,3): -6.4100
ROCnROLL: -1
TRIX (15,9): 0.6900
Courbe Coppock: 8.20
MA7: 20.01
MA20: 11.73
MA50: 7.21
MA100: 7.26
MAexp7: 26.21
MAexp20: 25.94
MAexp50: 24.07
MAexp100: 21.79
Price / MA7: +23.69%
Price / MA20: +111.00%
Price / MA50: +243.27%
Price / MA100: +240.91%
Price / MAexp7: -5.57%
Price / MAexp20: -4.59%
Price / MAexp50: +2.83%
Price / MAexp100: +13.58%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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