AXIE INFINITY - AXS/USD - 1H - Technical analysis published on 12/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 6.40 USD
My targets
5.99 USD (-3.23%)
5.86 USD (-5.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AXIE INFINITY SHARDS - AXS/USD as long as the price remains well below 6.40 USD. The next bearish objective for sellers is set at 5.99 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.86 USD. If there is any crossing, the next objective would be the support located at 5.51 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 over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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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 price is 6.19 USD. On the day, this instrument lost -0.64% with the lowest point at 6.07 USD and the highest point at 6.43 USD. The deviation from the price is +1.98% for the low point and -3.73% for the high point.6.07
6.43
6.19
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AXIE INFINITY SHARDS - AXS/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.86 | 5.99 | 6.19 | 6.19 | 6.40 | 6.50 | 6.70 |
| Change (%) | -5.33% | -3.23% | 0% | - | +3.39% | +5.01% | +8.24% |
| Change | -0.33 | -0.20 | 0 | - | +0.21 | +0.31 | +0.51 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.50 | 5.76 | 5.99 | 6.25 | 6.48 | 6.74 | 6.97 |
| Camarilla | 6.10 | 6.14 | 6.19 | 6.23 | 6.28 | 6.32 | 6.37 |
| Woodie | 5.50 | 5.75 | 5.99 | 6.24 | 6.48 | 6.73 | 6.97 |
| Fibonacci | 5.76 | 5.94 | 6.06 | 6.25 | 6.43 | 6.55 | 6.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.74 | 5.29 | 5.92 | 6.47 | 7.10 | 7.65 | 8.28 |
| Camarilla | 6.24 | 6.34 | 6.45 | 6.56 | 6.67 | 6.78 | 6.89 |
| Woodie | 4.79 | 5.31 | 5.97 | 6.49 | 7.15 | 7.67 | 8.33 |
| Fibonacci | 5.29 | 5.74 | 6.02 | 6.47 | 6.92 | 7.20 | 7.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.56 | 3.19 | 5.68 | 7.31 | 9.80 | 11.43 | 13.92 |
| Camarilla | 7.05 | 7.43 | 7.80 | 8.18 | 8.56 | 8.94 | 9.31 |
| Woodie | 2.00 | 3.41 | 6.12 | 7.53 | 10.24 | 11.65 | 14.36 |
| Fibonacci | 3.19 | 4.76 | 5.73 | 7.31 | 8.88 | 9.85 | 11.43 |
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): | 45.27 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -3.71 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 6.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.13 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 6.06 | |
| Zig ZAG (10): | 6.19 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 26.51 | |
| TEMA (21): | 6.26 | |
| Williams %R (14): | -79.31 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -1.8800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 3.21 |
| MA7: | 6.38 | |
| MA20: | 6.77 | |
| MA50: | 7.13 | |
| MA100: | 6.02 | |
| MAexp7: | 6.24 | |
| MAexp20: | 6.24 | |
| MAexp50: | 6.27 | |
| MAexp100: | 6.32 | |
| Price / MA7: | -2.98% | |
| Price / MA20: | -8.57% | |
| Price / MA50: | -13.18% | |
| Price / MA100: | +2.82% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -1.28% | |
| Price / MAexp100: | -2.06% |
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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