AXIE INFINITY SHARDS - AXS/USD - Daily - Technical analysis published on 01/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 8.80 USD
My targets
11.95 USD (+26.32%)
13.03 USD (+37.74%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AXIE INFINITY SHARDS - AXS/USD. This is a positive signal for buyers. As long as the price remains above 8.80 USD, a purchase could be considered. The first bullish objective is located at 11.95 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.03 USD as an objective. Crossing it would then enable buyers to target 15.16 USD. In the event of a return below 8.80 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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Additional analysis
Quotes
AXIE INFINITY SHARDS - AXS/USD rating 9.46 USD. The price registered an increase of +3.84% on the session and was traded between 9.04 USD and 9.64 USD over the period. The price is currently at +4.65% from its lowest and -1.87% from its highest.9.04
9.64
9.46
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
Here is a more detailed summary of the historical variations registered by AXIE INFINITY SHARDS - AXS/USD:
Technical
A technical analysis in Daily of this AXIE INFINITY SHARDS - AXS/USD chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
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 : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 6.00 | 8.80 | 9.46 | 13.03 | 15.16 | 19.25 |
Change (%) | -36.58% | -6.98% | - | +37.74% | +60.25% | +103.49% |
Change | -3.46 | -0.66 | - | +3.57 | +5.70 | +9.79 |
Level | Intermediate | Minor | - | Minor | 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 | 7.52 | 7.85 | 8.48 | 8.81 | 9.44 | 9.77 | 10.40 |
Camarilla | 8.85 | 8.93 | 9.02 | 9.11 | 9.20 | 9.29 | 9.37 |
Woodie | 7.67 | 7.93 | 8.63 | 8.89 | 9.59 | 9.85 | 10.55 |
Fibonacci | 7.85 | 8.22 | 8.44 | 8.81 | 9.18 | 9.40 | 9.77 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.88 | 5.32 | 7.34 | 8.78 | 10.80 | 12.24 | 14.26 |
Camarilla | 8.42 | 8.74 | 9.05 | 9.37 | 9.69 | 10.00 | 10.32 |
Woodie | 4.18 | 5.47 | 7.64 | 8.93 | 11.10 | 12.39 | 14.56 |
Fibonacci | 5.32 | 6.64 | 7.46 | 8.78 | 10.10 | 10.92 | 12.24 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.07 | 2.89 | 4.46 | 7.42 | 8.99 | 11.95 | 13.52 |
Camarilla | 4.78 | 5.20 | 5.62 | 6.03 | 6.45 | 6.86 | 7.28 |
Woodie | -0.77 | 2.54 | 3.77 | 7.07 | 8.30 | 11.60 | 12.83 |
Fibonacci | 2.89 | 4.62 | 5.69 | 7.42 | 9.15 | 10.22 | 11.95 |
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): | 65.22 | |
MACD (12,26,9): | 0.5300 | |
Directional Movement: | 19.02 | |
AROON (14): | 42.86 | |
DEMA (21): | 8.75 | |
Parabolic SAR (0,02-0,02-0,2): | 8.04 | |
Elder Ray (13): | 0.68 | |
Super Trend (3,10): | 7.14 | |
Zig ZAG (10): | 9.09 | |
VORTEX (21): | 1.2300 | |
Stochastique (14,3,5): | 62.00 | |
TEMA (21): | 9.18 | |
Williams %R (14): | -32.08 | |
Chande Momentum Oscillator (20): | 1.78 | |
Repulse (5,40,3): | 6.0000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.8600 | |
Courbe Coppock: | 59.77 |
MA7: | 8.82 | |
MA20: | 7.74 | |
MA50: | 7.43 | |
MA100: | 7.86 | |
MAexp7: | 8.76 | |
MAexp20: | 8.13 | |
MAexp50: | 7.78 | |
MAexp100: | 8.56 | |
Price / MA7: | +7.26% | |
Price / MA20: | +22.22% | |
Price / MA50: | +27.32% | |
Price / MA100: | +20.36% | |
Price / MAexp7: | +7.99% | |
Price / MAexp20: | +16.36% | |
Price / MAexp50: | +21.59% | |
Price / MAexp100: | +10.51% |
Quotes :
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Real time data
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About author
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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