AXELAR - AXL/USDT - 1H - Technical analysis published on 12/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.998633 USDT
My targets
1.267967 USDT (+7.77%)
1.361467 USDT (+15.71%)
My analysis
AXELAR - AXL/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.998633 USDT. The next resistance located at 1.267967 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.361467 USDT. After this resistance, buyers could then target 1.419333 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.9
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXELAR - AXL/USDT rating is 1.176600 USDT. On the day, this instrument gained +5.37% and was between 1.115600 USDT and 1.182200 USDT. This implies that the price is at +5.47% from its lowest and at -0.47% from its highest.1.115600
1.182200
1.176600
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AXELAR - AXL/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.917800 | 0.954000 | 0.980500 | 1.176600 |
| Change (%) | -22.00% | -18.92% | -16.67% | - |
| Change | -0.258800 | -0.222600 | -0.196100 | - |
| Level | Minor | Intermediate | Intermediate | - |
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 | 0.653733 | 0.759667 | 0.938133 | 1.044067 | 1.222533 | 1.328467 | 1.506933 |
| Camarilla | 1.038390 | 1.064460 | 1.090530 | 1.116600 | 1.142670 | 1.168740 | 1.194810 |
| Woodie | 0.690000 | 0.777800 | 0.974400 | 1.062200 | 1.258800 | 1.346600 | 1.543200 |
| Fibonacci | 0.759667 | 0.868308 | 0.935426 | 1.044067 | 1.152708 | 1.219826 | 1.328467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.426567 | 0.577933 | 0.847267 | 0.998633 | 1.267967 | 1.419333 | 1.688667 |
| Camarilla | 1.000908 | 1.039472 | 1.078036 | 1.116600 | 1.155164 | 1.193728 | 1.232293 |
| Woodie | 0.485550 | 0.607425 | 0.906250 | 1.028125 | 1.326950 | 1.448825 | 1.747650 |
| Fibonacci | 0.577933 | 0.738641 | 0.837926 | 0.998633 | 1.159341 | 1.258626 | 1.419333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036067 | 0.191133 | 0.477867 | 0.632933 | 0.919667 | 1.074733 | 1.361467 |
| Camarilla | 0.643105 | 0.683603 | 0.724102 | 0.764600 | 0.805098 | 0.845597 | 0.886095 |
| Woodie | 0.101900 | 0.224050 | 0.543700 | 0.665850 | 0.985500 | 1.107650 | 1.427300 |
| Fibonacci | 0.191133 | 0.359901 | 0.464166 | 0.632933 | 0.801701 | 0.905966 | 1.074733 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.91 | |
| MACD (12,26,9): | 0.0417 | |
| Directional Movement: | 37.578853 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 1.092943 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.044356 | |
| Elder Ray (13): | 0.060667 | |
| Super Trend (3,10): | 1.021420 | |
| Zig ZAG (10): | 1.125700 | |
| VORTEX (21): | 1.2943 | |
| Stochastique (14,3,5): | 83.18 | |
| TEMA (21): | 1.117361 | |
| Williams %R (14): | -16.32 | |
| Chande Momentum Oscillator (20): | 0.139500 | |
| Repulse (5,40,3): | 2.2853 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6388 | |
| Courbe Coppock: | 22.79 |
| MA7: | 0.921786 | |
| MA20: | 0.770215 | |
| MA50: | 0.593554 | |
| MA100: | 0.463629 | |
| MAexp7: | 1.086002 | |
| MAexp20: | 1.015686 | |
| MAexp50: | 0.964434 | |
| MAexp100: | 0.914693 | |
| Price / MA7: | +27.64% | |
| Price / MA20: | +52.76% | |
| Price / MA50: | +98.23% | |
| Price / MA100: | +153.78% | |
| Price / MAexp7: | +8.34% | |
| Price / MAexp20: | +15.84% | |
| Price / MAexp50: | +22.00% | |
| Price / MAexp100: | +28.63% |
Quotes :
-
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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