AXIE INFINITY - AXS/USD - 1H - Technical analysis published on 09/20/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - 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
56%
17%
28%
My opinion
Bearish under 12.46 USD
My targets
11.97 USD (-2.60%)
11.63 USD (-5.37%)
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 12.46 USD remains possible. It is advisable to trade AXIE INFINITY SHARDS - AXS/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 12.46 USD. The next bearish objective for sellers is set at 11.97 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.63 USD. PS: if there is a bullish break in the resistance located at 12.46 USD 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.3
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Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USD rating is 12.29 USD. The price is lower by -0.08% since the last closing and was traded between 12.02 USD and 12.83 USD over the period. The price is currently at +2.25% from its lowest and -4.21% from its highest.12.02
12.83
12.29
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USD in 1H shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.63 | 11.97 | 12.29 | 12.46 | 12.97 | 13.42 |
| Change (%) | -5.37% | -2.60% | - | +1.38% | +5.53% | +9.19% |
| Change | -0.66 | -0.32 | - | +0.17 | +0.68 | +1.13 |
| Level | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 11.09 | 11.36 | 11.83 | 12.10 | 12.57 | 12.84 | 13.31 |
| Camarilla | 12.10 | 12.16 | 12.23 | 12.30 | 12.37 | 12.44 | 12.50 |
| Woodie | 11.19 | 11.41 | 11.93 | 12.15 | 12.67 | 12.89 | 13.41 |
| Fibonacci | 11.36 | 11.64 | 11.82 | 12.10 | 12.38 | 12.56 | 12.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.50 | 10.98 | 12.09 | 13.57 | 14.68 | 16.16 | 17.27 |
| Camarilla | 12.49 | 12.73 | 12.96 | 13.20 | 13.44 | 13.68 | 13.91 |
| Woodie | 9.32 | 10.89 | 11.91 | 13.48 | 14.50 | 16.07 | 17.09 |
| Fibonacci | 10.98 | 11.97 | 12.58 | 13.57 | 14.56 | 15.17 | 16.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.55 | 8.78 | 11.45 | 15.68 | 18.35 | 22.58 | 25.25 |
| Camarilla | 12.23 | 12.87 | 13.50 | 14.13 | 14.76 | 15.40 | 16.03 |
| Woodie | 3.78 | 8.39 | 10.68 | 15.29 | 17.58 | 22.19 | 24.48 |
| Fibonacci | 8.78 | 11.41 | 13.04 | 15.68 | 18.31 | 19.94 | 22.58 |
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): | 56.07 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 6.66 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 12.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.05 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 12.65 | |
| Zig ZAG (10): | 12.48 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 73.97 | |
| TEMA (21): | 12.46 | |
| Williams %R (14): | -31.67 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.94 |
| MA7: | 12.69 | |
| MA20: | 13.64 | |
| MA50: | 15.24 | |
| MA100: | 15.24 | |
| MAexp7: | 12.41 | |
| MAexp20: | 12.39 | |
| MAexp50: | 12.40 | |
| MAexp100: | 12.58 | |
| Price / MA7: | -3.15% | |
| Price / MA20: | -9.90% | |
| Price / MA50: | -19.36% | |
| Price / MA100: | -19.36% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -0.81% | |
| Price / MAexp50: | -0.89% | |
| Price / MAexp100: | -2.31% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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