AXIE INFINITY SHARDS - AXS/USDT - Daily - Technical analysis published on 02/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 50.50 USDT
My targets
44.21 USDT (-5.71%)
37.77 USDT (-19.45%)
My analysis
The bearish trend is currently very strong for AXIE INFINITY SHARDS - AXS/USDT. As long as the price remains below the resistance at 50.50 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 44.21 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 37.77 USDT as an objective. Crossing it would then enable sellers to target 15.00 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
The AXIE INFINITY SHARDS - AXS/USDT price is 46.89 USDT. The price is lower by -4.46% since the last closing and was traded between 46.73 USDT and 49.19 USDT over the period. The price is currently at +0.34% from its lowest and -4.68% from its highest.46.73
49.19
46.89
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:
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USDT in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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 support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 15.00 | 37.77 | 46.89 | 50.50 | 79.64 | 120.10 |
| Change (%) | -68.01% | -19.45% | - | +7.70% | +69.84% | +156.13% |
| Change | -31.89 | -9.12 | - | +3.61 | +32.75 | +73.21 |
| Level | Minor | Minor | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.63 | 45.02 | 47.05 | 50.44 | 52.47 | 55.86 | 57.89 |
| Camarilla | 47.59 | 48.09 | 48.58 | 49.08 | 49.58 | 50.07 | 50.57 |
| Woodie | 40.95 | 44.68 | 46.37 | 50.10 | 51.79 | 55.52 | 57.21 |
| Fibonacci | 45.02 | 47.09 | 48.37 | 50.44 | 52.51 | 53.79 | 55.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.37 | 38.94 | 44.21 | 49.78 | 55.05 | 60.62 | 65.89 |
| Camarilla | 46.51 | 47.50 | 48.50 | 49.49 | 50.48 | 51.48 | 52.47 |
| Woodie | 33.23 | 38.87 | 44.07 | 49.71 | 54.91 | 60.55 | 65.75 |
| Fibonacci | 38.94 | 43.08 | 45.64 | 49.78 | 53.92 | 56.48 | 60.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -21.38 | 11.56 | 31.95 | 64.89 | 85.28 | 118.22 | 138.61 |
| Camarilla | 37.67 | 42.56 | 47.45 | 52.34 | 57.23 | 62.12 | 67.01 |
| Woodie | -27.66 | 8.42 | 25.68 | 61.75 | 79.01 | 115.08 | 132.34 |
| Fibonacci | 11.56 | 31.93 | 44.52 | 64.89 | 85.26 | 97.85 | 118.22 |
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): | 31.30 | |
| MACD (12,26,9): | -8.6200 | |
| Directional Movement: | -16.59 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 45.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.52 | |
| Elder Ray (13): | -5.21 | |
| Super Trend (3,10): | 64.10 | |
| Zig ZAG (10): | 46.98 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 17.76 | |
| TEMA (21): | 45.49 | |
| Williams %R (14): | -89.82 | |
| Chande Momentum Oscillator (20): | -3.10 | |
| Repulse (5,40,3): | -11.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.8500 | |
| Courbe Coppock: | 52.04 |
| MA7: | 50.23 | |
| MA20: | 58.00 | |
| MA50: | 77.42 | |
| MA100: | 103.77 | |
| MAexp7: | 50.36 | |
| MAexp20: | 57.52 | |
| MAexp50: | 74.21 | |
| MAexp100: | 85.44 | |
| Price / MA7: | -6.65% | |
| Price / MA20: | -19.16% | |
| Price / MA50: | -39.43% | |
| Price / MA100: | -54.81% | |
| Price / MAexp7: | -6.89% | |
| Price / MAexp20: | -18.48% | |
| Price / MAexp50: | -36.81% | |
| Price / MAexp100: | -45.12% |
Quotes :
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Real time data
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