AXIE INFINITY SHARDS - AXS/USD - 1H - Technical analysis published on 11/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 6.29 USD
My targets
6.71 USD (+2.60%)
6.90 USD (+5.50%)
My analysis
The basic bullish trend is very strong on AXIE INFINITY SHARDS - AXS/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 6.29 USD. Crossing the first resistance at 6.71 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 6.90 USD as an objective. Crossing it would then enable buyers to target 7.05 USD. Caution, a return to below 6.29 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AXIE INFINITY SHARDS - AXS/USD rating 6.54 USD. The price registered an increase of +4.64% on the session and was between 6.25 USD and 6.65 USD. This implies that the price is at +4.64% from its lowest and at -1.65% from its highest.6.25
6.65
6.54
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
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 horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.04 | 6.19 | 6.52 | 6.54 | 6.71 | 6.90 | 7.05 |
| Change (%) | -7.65% | -5.35% | -0.31% | - | +2.60% | +5.50% | +7.80% |
| Change | -0.50 | -0.35 | -0.02 | - | +0.17 | +0.36 | +0.51 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
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 | 5.22 | 5.67 | 5.96 | 6.41 | 6.70 | 7.15 | 7.44 |
| Camarilla | 6.05 | 6.11 | 6.18 | 6.25 | 6.32 | 6.39 | 6.45 |
| Woodie | 5.14 | 5.63 | 5.88 | 6.37 | 6.62 | 7.11 | 7.36 |
| Fibonacci | 5.67 | 5.95 | 6.13 | 6.41 | 6.69 | 6.87 | 7.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.52 | 4.99 | 5.68 | 6.15 | 6.84 | 7.31 | 8.00 |
| Camarilla | 6.06 | 6.17 | 6.27 | 6.38 | 6.49 | 6.59 | 6.70 |
| Woodie | 4.64 | 5.05 | 5.80 | 6.21 | 6.96 | 7.37 | 8.12 |
| Fibonacci | 4.99 | 5.43 | 5.70 | 6.15 | 6.59 | 6.86 | 7.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.41 | 3.24 | 4.35 | 5.18 | 6.29 | 7.12 | 8.23 |
| Camarilla | 4.94 | 5.11 | 5.29 | 5.47 | 5.65 | 5.83 | 6.00 |
| Woodie | 2.56 | 3.31 | 4.50 | 5.25 | 6.44 | 7.19 | 8.38 |
| Fibonacci | 3.24 | 3.98 | 4.44 | 5.18 | 5.92 | 6.38 | 7.12 |
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): | 57.27 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 19.92 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 6.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.15 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 6.18 | |
| Zig ZAG (10): | 6.52 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 80.27 | |
| TEMA (21): | 6.45 | |
| Williams %R (14): | -22.64 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.62 |
| MA7: | 6.32 | |
| MA20: | 5.94 | |
| MA50: | 5.05 | |
| MA100: | 4.92 | |
| MAexp7: | 6.47 | |
| MAexp20: | 6.42 | |
| MAexp50: | 6.37 | |
| MAexp100: | 6.32 | |
| Price / MA7: | +3.48% | |
| Price / MA20: | +10.10% | |
| Price / MA50: | +29.50% | |
| Price / MA100: | +32.93% | |
| Price / MAexp7: | +1.08% | |
| Price / MAexp20: | +1.87% | |
| Price / MAexp50: | +2.67% | |
| Price / MAexp100: | +3.48% |
Quotes :
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Real time data
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