AXIE INFINITY SHARDS - AXS/USD - 1H - Technical analysis published on 12/07/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 8.37 USD
My targets
8.98 USD (+2.51%)
9.91 USD (+13.13%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AXIE INFINITY SHARDS - AXS/USD. As long as you are above the support located at 8.37 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 8.98 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 9.91 USD as an objective. Crossing it would then enable buyers to target 10.38 USD. If the support 8.37 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USD rating is 8.76 USD. The price is lower by -0.11% since the last closing and was traded between 8.23 USD and 9.19 USD over the period. The price is currently at +6.44% from its lowest and -4.68% from its highest.8.23
9.19
8.76
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:
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 6.58 | 7.05 | 8.37 | 8.76 | 8.98 | 9.91 | 10.38 |
| Change (%) | -24.89% | -19.52% | -4.45% | - | +2.51% | +13.13% | +18.49% |
| Change | -2.18 | -1.71 | -0.39 | - | +0.22 | +1.15 | +1.62 |
| Level | Major | Major | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.42 | 7.34 | 8.06 | 8.98 | 9.70 | 10.62 | 11.34 |
| Camarilla | 8.32 | 8.47 | 8.62 | 8.77 | 8.92 | 9.07 | 9.22 |
| Woodie | 6.31 | 7.29 | 7.95 | 8.93 | 9.59 | 10.57 | 11.23 |
| Fibonacci | 7.34 | 7.97 | 8.36 | 8.98 | 9.61 | 10.00 | 10.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.69 | 6.04 | 6.37 | 6.72 | 7.05 | 7.40 | 7.73 |
| Camarilla | 6.52 | 6.59 | 6.65 | 6.71 | 6.77 | 6.84 | 6.90 |
| Woodie | 5.69 | 6.04 | 6.37 | 6.72 | 7.05 | 7.40 | 7.73 |
| Fibonacci | 6.04 | 6.30 | 6.46 | 6.72 | 6.98 | 7.14 | 7.40 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.96 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -1.16 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 8.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.27 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 8.34 | |
| Zig ZAG (10): | 8.52 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 23.57 | |
| TEMA (21): | 8.51 | |
| Williams %R (14): | -70.71 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -0.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 8.11 |
| MA7: | 7.66 | |
| MA20: | 7.08 | |
| MA50: | 7.95 | |
| MA100: | 10.37 | |
| MAexp7: | 8.59 | |
| MAexp20: | 8.72 | |
| MAexp50: | 8.54 | |
| MAexp100: | 8.09 | |
| Price / MA7: | +14.36% | |
| Price / MA20: | +23.73% | |
| Price / MA50: | +10.19% | |
| Price / MA100: | -15.53% | |
| Price / MAexp7: | +1.98% | |
| Price / MAexp20: | +0.46% | |
| Price / MAexp50: | +2.58% | |
| Price / MAexp100: | +8.28% |
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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