AXIE INFINITY - AXS/USD - 1H - Technical analysis published on 12/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 6.92 USD
My targets
6.71 USD (-1.61%)
6.57 USD (-3.67%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on AXIE INFINITY SHARDS - AXS/USD as long as the price remains well below 6.92 USD. The next bearish objective for sellers is set at 6.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.57 USD. In case of crossing, the next objective would be the support located at 6.38 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USD rating is 6.82 USD. The price is lower by -0.15% since the last closing and was traded between 6.75 USD and 6.97 USD over the period. The price is currently at +1.04% from its lowest and -2.15% from its highest.6.75
6.97
6.82
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this AXIE INFINITY SHARDS - AXS/USD chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.38 | 6.57 | 6.71 | 6.82 | 6.92 | 6.99 | 7.05 |
| Change (%) | -6.45% | -3.67% | -1.61% | - | +1.47% | +2.49% | +3.37% |
| Change | -0.44 | -0.25 | -0.11 | - | +0.10 | +0.17 | +0.23 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 6.47 | 6.62 | 6.73 | 6.88 | 6.99 | 7.14 | 7.25 |
| Camarilla | 6.76 | 6.78 | 6.81 | 6.83 | 6.85 | 6.88 | 6.90 |
| Woodie | 6.44 | 6.61 | 6.70 | 6.87 | 6.96 | 7.13 | 7.22 |
| Fibonacci | 6.62 | 6.72 | 6.78 | 6.88 | 6.98 | 7.04 | 7.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.03 | 5.56 | 6.11 | 6.64 | 7.19 | 7.72 | 8.27 |
| Camarilla | 6.35 | 6.45 | 6.55 | 6.65 | 6.75 | 6.85 | 6.95 |
| Woodie | 5.03 | 5.57 | 6.11 | 6.65 | 7.19 | 7.73 | 8.27 |
| Fibonacci | 5.56 | 5.98 | 6.23 | 6.64 | 7.06 | 7.31 | 7.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.79 | 1.49 | 4.24 | 8.52 | 11.27 | 15.55 | 18.30 |
| Camarilla | 5.07 | 5.71 | 6.36 | 7.00 | 7.64 | 8.29 | 8.93 |
| Woodie | -3.55 | 1.11 | 3.49 | 8.14 | 10.52 | 15.17 | 17.55 |
| Fibonacci | 1.49 | 4.17 | 5.83 | 8.52 | 11.20 | 12.86 | 15.55 |
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): | 44.22 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -0.98 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 6.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.95 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 7.02 | |
| Zig ZAG (10): | 6.81 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 28.79 | |
| TEMA (21): | 6.80 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.50 |
| MA7: | 6.76 | |
| MA20: | 6.87 | |
| MA50: | 8.25 | |
| MA100: | 10.66 | |
| MAexp7: | 6.82 | |
| MAexp20: | 6.84 | |
| MAexp50: | 6.85 | |
| MAexp100: | 6.81 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | -0.73% | |
| Price / MA50: | -17.33% | |
| Price / MA100: | -36.02% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | +0.15% |
Quotes :
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Real time data
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