AXIE INFINITY - AXS/USD - 1H - Technical analysis published on 04/17/2023 (GMT)
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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:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 9.09 USD
My targets
9.59 USD (+4.01%)
10.40 USD (+12.83%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AXIE INFINITY SHARDS - AXS/USD as long as the price remains well above 9.09 USD. The buyers' bullish objective is set at 9.59 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.40 USD. If there is any crossing, the next objective would be the resistance located at 11.22 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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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 9.22 USD. The price is lower by -0.22% since the last closing and was between 8.99 USD and 9.33 USD. This implies that the price is at +2.56% from its lowest and at -1.18% from its highest.8.99
9.33
9.22
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this AXIE INFINITY SHARDS - AXS/USD chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 8.82 | 8.93 | 9.09 | 9.22 | 9.25 | 9.59 | 11.22 |
| Change (%) | -4.34% | -3.15% | -1.41% | - | +0.33% | +4.01% | +21.69% |
| Change | -0.40 | -0.29 | -0.13 | - | +0.03 | +0.37 | +2.00 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.43 | 8.65 | 8.94 | 9.16 | 9.45 | 9.67 | 9.96 |
| Camarilla | 9.10 | 9.15 | 9.19 | 9.24 | 9.29 | 9.33 | 9.38 |
| Woodie | 8.48 | 8.67 | 8.99 | 9.18 | 9.50 | 9.69 | 10.01 |
| Fibonacci | 8.65 | 8.84 | 8.96 | 9.16 | 9.35 | 9.47 | 9.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.49 | 7.89 | 8.46 | 8.86 | 9.43 | 9.83 | 10.40 |
| Camarilla | 8.77 | 8.86 | 8.95 | 9.04 | 9.13 | 9.22 | 9.31 |
| Woodie | 7.59 | 7.93 | 8.56 | 8.90 | 9.53 | 9.87 | 10.50 |
| Fibonacci | 7.89 | 8.26 | 8.49 | 8.86 | 9.23 | 9.46 | 9.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.66 | 5.28 | 6.82 | 8.44 | 9.98 | 11.60 | 13.14 |
| Camarilla | 7.50 | 7.79 | 8.08 | 8.37 | 8.66 | 8.95 | 9.24 |
| Woodie | 3.63 | 5.26 | 6.79 | 8.42 | 9.95 | 11.58 | 13.11 |
| Fibonacci | 5.28 | 6.48 | 7.23 | 8.44 | 9.64 | 10.39 | 11.60 |
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): | 53.86 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -4.78 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 9.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.04 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 9.37 | |
| Zig ZAG (10): | 9.19 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 69.61 | |
| TEMA (21): | 9.20 | |
| Williams %R (14): | -41.18 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.41 |
| MA7: | 8.94 | |
| MA20: | 8.65 | |
| MA50: | 8.60 | |
| MA100: | 9.42 | |
| MAexp7: | 9.19 | |
| MAexp20: | 9.19 | |
| MAexp50: | 9.14 | |
| MAexp100: | 9.04 | |
| Price / MA7: | +3.13% | |
| Price / MA20: | +6.59% | |
| Price / MA50: | +7.21% | |
| Price / MA100: | -2.12% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.88% | |
| Price / MAexp100: | +1.99% |
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.
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