AXIE INFINITY SHARDS - AXS/USDT - 15 min. - Technical analysis published on 10/23/2024 (GMT)
- 95
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 5.03 USDT
My targets
4.91 USDT (-1.86%)
4.75 USDT (-4.94%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 5.03 USDT remains possible. It is advisable to trade AXIE INFINITY SHARDS - AXS/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 5.03 USDT. The next bearish objective for sellers is set at 4.91 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.75 USDT. In case of crossing, the next objective would be the support located at 4.65 USDT. PS: if there is a bullish break in the resistance located at 5.03 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.9
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Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USDT price is 5.00 USDT. The price is lower by -7.06% since the last closing and was traded between 4.88 USDT and 5.41 USDT over the period. The price is currently at +2.46% from its lowest and -7.58% from its highest.4.88
5.41
5.00
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USDT in 15 min. shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.65 | 4.79 | 4.93 | 5.00 | 5.07 | 5.33 | 5.51 |
| Change (%) | -7.00% | -4.20% | -1.40% | - | +1.40% | +6.60% | +10.20% |
| Change | -0.35 | -0.21 | -0.07 | - | +0.07 | +0.33 | +0.51 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.75 | 4.91 | 5.14 | 5.30 | 5.53 | 5.69 | 5.92 |
| Camarilla | 5.27 | 5.31 | 5.34 | 5.38 | 5.42 | 5.45 | 5.49 |
| Woodie | 4.80 | 4.93 | 5.19 | 5.32 | 5.58 | 5.71 | 5.97 |
| Fibonacci | 4.91 | 5.06 | 5.15 | 5.30 | 5.45 | 5.54 | 5.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.69 | 4.11 | 4.61 | 5.03 | 5.53 | 5.95 | 6.45 |
| Camarilla | 4.86 | 4.94 | 5.03 | 5.11 | 5.19 | 5.28 | 5.36 |
| Woodie | 3.73 | 4.13 | 4.65 | 5.05 | 5.57 | 5.97 | 6.49 |
| Fibonacci | 4.11 | 4.46 | 4.68 | 5.03 | 5.38 | 5.60 | 5.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.81 | 3.46 | 4.25 | 4.90 | 5.69 | 6.34 | 7.13 |
| Camarilla | 4.65 | 4.79 | 4.92 | 5.05 | 5.18 | 5.31 | 5.45 |
| Woodie | 2.89 | 3.50 | 4.33 | 4.94 | 5.77 | 6.38 | 7.21 |
| Fibonacci | 3.46 | 4.01 | 4.35 | 4.90 | 5.45 | 5.79 | 6.34 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.46 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -7.21 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 4.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.89 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 5.02 | |
| Zig ZAG (10): | 4.97 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 64.09 | |
| TEMA (21): | 4.93 | |
| Williams %R (14): | -21.78 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.7300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 1.95 |
| MA7: | 5.05 | |
| MA20: | 4.80 | |
| MA50: | 4.80 | |
| MA100: | 4.99 | |
| MAexp7: | 4.96 | |
| MAexp20: | 4.98 | |
| MAexp50: | 5.05 | |
| MAexp100: | 5.11 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | +4.17% | |
| Price / MA50: | +4.17% | |
| Price / MA100: | +0.20% | |
| Price / MAexp7: | +0.81% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | -0.99% | |
| Price / MAexp100: | -2.15% |
Quotes :
-
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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