AXIE INFINITY SHARDS - AXS/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	AXSUSD
ISIN:

AXIE INFINITY SHARDS - AXS/USD - 1H - Technical analysis published on 11/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 8.16 USD

My targets

8.63 USD (+0.70%)

9.22 USD (+7.58%)

My analysis

The bullish trend is currently very strong on AXIE INFINITY SHARDS - AXS/USD. As long as the price remains above the support at 8.16 USD, you could try to benefit from the boom. The first bullish objective is located at 8.63 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9.22 USD as an objective. Crossing it would then enable buyers to target 12.68 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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

9.1

Comment on the analysis

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

AXIE INFINITY SHARDS - AXS/USD rating 8.57 USD. The price registered an increase of +24.20% on the session with the lowest point at 6.82 USD and the highest point at 8.93 USD. The deviation from the price is +25.66% for the low point and -4.03% for the high point.

6.82

8.93

8.57

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of AXIE INFINITY SHARDS - AXS/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.25	7.40	8.16	8.57	8.63	12.68	19.40
Change (%)	-27.07%	-13.65%	-4.78%	-	+0.70%	+47.96%	+126.37%
Change	-2.32	-1.17	-0.41	-	+0.06	+4.11	+10.83
Level	Minor	Minor	Minor	-	Intermediate	Major	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	5.55	5.89	6.39	6.73	7.23	7.57	8.07
Camarilla	6.67	6.75	6.82	6.90	6.98	7.05	7.13
Woodie	5.64	5.93	6.48	6.77	7.32	7.61	8.16
Fibonacci	5.89	6.21	6.41	6.73	7.05	7.25	7.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.12	4.74	5.82	6.44	7.52	8.14	9.22
Camarilla	6.43	6.59	6.74	6.90	7.06	7.21	7.37
Woodie	4.35	4.86	6.05	6.56	7.75	8.26	9.45
Fibonacci	4.74	5.39	5.79	6.44	7.09	7.49	8.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.98	3.64	4.21	4.87	5.44	6.10	6.67
Camarilla	4.44	4.56	4.67	4.78	4.89	5.01	5.12
Woodie	2.94	3.62	4.17	4.85	5.40	6.08	6.63
Fibonacci	3.64	4.11	4.40	4.87	5.34	5.63	6.10

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):	85.26
MACD (12,26,9):	0.3500
Directional Movement:	36.32
AROON (14):	85.72
DEMA (21):	7.69
Parabolic SAR (0,02-0,02-0,2):	6.99
Elder Ray (13):	0.87
Super Trend (3,10):	7.39
Zig ZAG (10):	8.37
VORTEX (21):	1.3000
Stochastique (14,3,5):	90.35
TEMA (21):	7.91
Williams %R (14):	-3.65
Chande Momentum Oscillator (20):	1.55
Repulse (5,40,3):	10.8600
ROCnROLL:	1
TRIX (15,9):	0.5900
Courbe Coppock:	27.03

MA7:	6.41
MA20:	5.68
MA50:	5.15
MA100:	4.97
MAexp7:	7.79
MAexp20:	7.08
MAexp50:	6.62
MAexp100:	6.27
Price / MA7:	+33.70%
Price / MA20:	+50.88%
Price / MA50:	+66.41%
Price / MA100:	+72.43%
Price / MAexp7:	+10.01%
Price / MAexp20:	+21.05%
Price / MAexp50:	+29.46%
Price / MAexp100:	+36.68%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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