AXIE INFINITY - AXS/USDT - 1H - Technical analysis published on 07/16/2021 (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 bearish
Underlying:
Slightly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 22.57 USDT
My targets
19.59 USDT (-11.72%)
15.94 USDT (-28.17%)
My analysis
AXIE INFINITY SHARDS - AXS/USDT is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 22.57 USDT, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 19.59 USDT. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 15.94 USDT would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 10.75 USDT. Beware of a possible return to above the resistance located at 22.57 USDT which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USDT rating is 22.19 USDT. The price is lower by -7.81% since the last closing and was traded between 21.39 USDT and 27.39 USDT over the period. The price is currently at +3.74% from its lowest and -18.99% from its highest.21.39
27.39
22.19
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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/USDT in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from 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, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
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 resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.75 | 15.94 | 19.59 | 22.19 | 22.57 | 25.61 | 29.15 |
| Change (%) | -51.55% | -28.17% | -11.72% | - | +1.71% | +15.41% | +31.37% |
| Change | -11.44 | -6.25 | -2.60 | - | +0.38 | +3.42 | +6.96 |
| Level | Major | Intermediate | Major | - | Minor | Minor | 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 | 14.98 | 18.83 | 21.45 | 25.30 | 27.92 | 31.77 | 34.39 |
| Camarilla | 22.29 | 22.88 | 23.48 | 24.07 | 24.66 | 25.26 | 25.85 |
| Woodie | 14.37 | 18.52 | 20.84 | 24.99 | 27.31 | 31.46 | 33.78 |
| Fibonacci | 18.83 | 21.30 | 22.83 | 25.30 | 27.77 | 29.30 | 31.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.41 | 3.16 | 10.42 | 14.99 | 22.25 | 26.82 | 34.08 |
| Camarilla | 14.43 | 15.51 | 16.60 | 17.68 | 18.76 | 19.85 | 20.93 |
| Woodie | -0.07 | 3.83 | 11.77 | 15.66 | 23.60 | 27.49 | 35.43 |
| Fibonacci | 3.16 | 7.68 | 10.47 | 14.99 | 19.51 | 22.30 | 26.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.75 | 1.81 | 3.74 | 4.80 | 6.73 | 7.79 | 9.72 |
| Camarilla | 4.85 | 5.12 | 5.40 | 5.67 | 5.94 | 6.22 | 6.49 |
| Woodie | 1.19 | 2.03 | 4.18 | 5.02 | 7.17 | 8.01 | 10.16 |
| Fibonacci | 1.81 | 2.95 | 3.66 | 4.80 | 5.94 | 6.65 | 7.79 |
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): | 44.63 | |
| MACD (12,26,9): | -0.7200 | |
| Directional Movement: | -2.26 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 22.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.58 | |
| Elder Ray (13): | -0.38 | |
| Super Trend (3,10): | 25.28 | |
| Zig ZAG (10): | 23.10 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 24.44 | |
| TEMA (21): | 22.07 | |
| Williams %R (14): | -74.83 | |
| Chande Momentum Oscillator (20): | -3.30 | |
| Repulse (5,40,3): | 0.8300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3400 | |
| Courbe Coppock: | 18.13 |
| MA7: | 20.70 | |
| MA20: | 12.63 | |
| MA50: | 7.55 | |
| MA100: | 7.40 | |
| MAexp7: | 22.73 | |
| MAexp20: | 23.76 | |
| MAexp50: | 23.88 | |
| MAexp100: | 22.46 | |
| Price / MA7: | +7.20% | |
| Price / MA20: | +75.69% | |
| Price / MA50: | +193.91% | |
| Price / MA100: | +199.86% | |
| Price / MAexp7: | -2.38% | |
| Price / MAexp20: | -6.61% | |
| Price / MAexp50: | -7.08% | |
| Price / MAexp100: | -1.20% |
Quotes :
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Real time data
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