AXIE INFINITY SHARDS - AXS/USDT - Daily - Technical analysis published on 01/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 50.46 USDT
My targets
37.48 USDT (-22.87%)
24.86 USDT (-48.85%)
My analysis
AXIE INFINITY SHARDS - AXS/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 50.46 USDT. The next support located at 37.48 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 24.86 USDT. Below this support, sellers could then target 15.00 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
AXIE INFINITY SHARDS - AXS/USDT rating 48.60 USDT. On the day, this instrument gained +3.63% and was traded between 46.27 USDT and 49.94 USDT over the period. The price is currently at +5.04% from its lowest and -2.68% from its highest.46.27
49.94
48.60
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AXIE INFINITY SHARDS - AXS/USDT:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AXIE INFINITY SHARDS - AXS/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 15.00 | 48.60 | 50.46 | 79.64 | 137.01 |
| Change (%) | -69.14% | - | +3.83% | +63.87% | +181.91% |
| Change | -33.60 | - | +1.86 | +31.04 | +88.41 |
| Level | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.44 | 43.09 | 44.99 | 46.64 | 48.54 | 50.19 | 52.09 |
| Camarilla | 45.92 | 46.25 | 46.58 | 46.90 | 47.23 | 47.55 | 47.88 |
| Woodie | 41.58 | 43.15 | 45.13 | 46.70 | 48.68 | 50.25 | 52.23 |
| Fibonacci | 43.09 | 44.44 | 45.28 | 46.64 | 47.99 | 48.83 | 50.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.06 | 24.86 | 37.48 | 60.28 | 72.90 | 95.70 | 108.32 |
| Camarilla | 40.37 | 43.62 | 46.86 | 50.11 | 53.36 | 56.60 | 59.85 |
| Woodie | -3.02 | 22.32 | 32.40 | 57.74 | 67.82 | 93.16 | 103.24 |
| Fibonacci | 24.86 | 38.39 | 46.75 | 60.28 | 73.81 | 82.17 | 95.70 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.67 | 76.13 | 84.68 | 98.14 | 106.69 | 120.15 | 128.70 |
| Camarilla | 87.18 | 89.20 | 91.21 | 93.23 | 95.25 | 97.27 | 99.28 |
| Woodie | 60.22 | 74.90 | 82.23 | 96.91 | 104.24 | 118.92 | 126.25 |
| Fibonacci | 76.13 | 84.54 | 89.73 | 98.14 | 106.55 | 111.74 | 120.15 |
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): | 28.07 | |
| MACD (12,26,9): | -10.7900 | |
| Directional Movement: | -21.53 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 47.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 70.42 | |
| Elder Ray (13): | -8.12 | |
| Super Trend (3,10): | 65.73 | |
| Zig ZAG (10): | 48.36 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 7.84 | |
| TEMA (21): | 45.23 | |
| Williams %R (14): | -89.97 | |
| Chande Momentum Oscillator (20): | -28.08 | |
| Repulse (5,40,3): | -2.5500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.7600 | |
| Courbe Coppock: | 65.65 |
| MA7: | 49.81 | |
| MA20: | 63.47 | |
| MA50: | 82.24 | |
| MA100: | 107.60 | |
| MAexp7: | 50.88 | |
| MAexp20: | 61.83 | |
| MAexp50: | 79.33 | |
| MAexp100: | 89.10 | |
| Price / MA7: | -2.43% | |
| Price / MA20: | -23.43% | |
| Price / MA50: | -40.90% | |
| Price / MA100: | -54.83% | |
| Price / MAexp7: | -4.48% | |
| Price / MAexp20: | -21.40% | |
| Price / MAexp50: | -38.74% | |
| Price / MAexp100: | -45.45% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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