AXIE INFINITY SHARDS - AXS/USDT - 1H - Technical analysis published on 05/01/2023 (GMT)
- 161
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 7.77 USDT
My targets
7.44 USDT (-3.25%)
7.30 USDT (-5.07%)
My analysis
The bearish trend is currently very strong for AXIE INFINITY SHARDS - AXS/USDT. As long as the price remains below the resistance at 7.77 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.44 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.30 USDT as an objective. Crossing it would then enable sellers to target 6.55 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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 cassedre. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AXIE INFINITY SHARDS - AXS/USDT rating 7.69 USDT. The price registered a decrease of -2.66% on the session and was between 7.63 USDT and 7.94 USDT. This implies that the price is at +0.79% from its lowest and at -3.15% from its highest.7.63
7.94
7.69
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AXIE INFINITY SHARDS - AXS/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.30 | 7.44 | 7.68 | 7.69 | 7.77 | 7.96 | 8.03 |
| Change (%) | -5.07% | -3.25% | -0.13% | - | +1.04% | +3.51% | +4.42% |
| Change | -0.39 | -0.25 | -0.01 | - | +0.08 | +0.27 | +0.34 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Intermediate |
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 | 7.51 | 7.69 | 7.79 | 7.97 | 8.07 | 8.25 | 8.35 |
| Camarilla | 7.82 | 7.85 | 7.87 | 7.90 | 7.93 | 7.95 | 7.98 |
| Woodie | 7.48 | 7.67 | 7.76 | 7.95 | 8.04 | 8.23 | 8.32 |
| Fibonacci | 7.69 | 7.79 | 7.86 | 7.97 | 8.07 | 8.14 | 8.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.67 | 7.06 | 7.53 | 7.92 | 8.39 | 8.78 | 9.25 |
| Camarilla | 7.77 | 7.85 | 7.93 | 8.01 | 8.09 | 8.17 | 8.25 |
| Woodie | 6.72 | 7.08 | 7.58 | 7.94 | 8.44 | 8.80 | 9.30 |
| Fibonacci | 7.06 | 7.39 | 7.59 | 7.92 | 8.25 | 8.45 | 8.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.88 | 6.16 | 7.03 | 8.31 | 9.18 | 10.46 | 11.33 |
| Camarilla | 7.31 | 7.51 | 7.70 | 7.90 | 8.10 | 8.29 | 8.49 |
| Woodie | 4.68 | 6.06 | 6.83 | 8.21 | 8.98 | 10.36 | 11.13 |
| Fibonacci | 6.16 | 6.98 | 7.49 | 8.31 | 9.13 | 9.64 | 10.46 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 31.65 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -25.90 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 7.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.91 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 7.82 | |
| Zig ZAG (10): | 7.68 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 16.48 | |
| TEMA (21): | 7.66 | |
| Williams %R (14): | -82.58 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 4.76 |
| MA7: | 7.91 | |
| MA20: | 8.36 | |
| MA50: | 8.43 | |
| MA100: | 9.28 | |
| MAexp7: | 7.71 | |
| MAexp20: | 7.77 | |
| MAexp50: | 7.85 | |
| MAexp100: | 7.90 | |
| Price / MA7: | -2.78% | |
| Price / MA20: | -8.01% | |
| Price / MA50: | -8.78% | |
| Price / MA100: | -17.13% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -1.03% | |
| Price / MAexp50: | -2.04% | |
| Price / MAexp100: | -2.66% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AXIE INFINITY SHARDS - AXS/USDT - 1H