AXIE INFINITY SHARDS - AXS/USDT - 1H - Technical analysis published on 04/02/2023 (GMT)
- 129
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 8.29 USDT
My targets
8.49 USDT (+0.83%)
8.63 USDT (+2.49%)
My analysis
AXIE INFINITY SHARDS - AXS/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 8.29 USDT. The next resistance located at 8.49 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 8.63 USDT. After this resistance, buyers could then target 8.72 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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 Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AXIE INFINITY SHARDS - AXS/USDT rating 8.42 USDT. On the day, this instrument lost -0.94% and was traded between 8.38 USDT and 8.52 USDT over the period. The price is currently at +0.48% from its lowest and -1.17% from its highest.8.38
8.52
8.42
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of AXIE INFINITY SHARDS - AXS/USDT in 1H shows a strongly overall bullish trend. 89.29% 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 currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.95 | 8.11 | 8.29 | 8.42 | 8.49 | 8.63 | 8.72 |
| Change (%) | -5.58% | -3.68% | -1.54% | - | +0.83% | +2.49% | +3.56% |
| Change | -0.47 | -0.31 | -0.13 | - | +0.07 | +0.21 | +0.30 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | 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 | 8.24 | 8.30 | 8.40 | 8.46 | 8.56 | 8.62 | 8.72 |
| Camarilla | 8.46 | 8.47 | 8.49 | 8.50 | 8.52 | 8.53 | 8.54 |
| Woodie | 8.26 | 8.31 | 8.42 | 8.47 | 8.58 | 8.63 | 8.74 |
| Fibonacci | 8.30 | 8.36 | 8.40 | 8.46 | 8.52 | 8.56 | 8.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.21 | 7.52 | 8.01 | 8.32 | 8.81 | 9.12 | 9.61 |
| Camarilla | 8.28 | 8.35 | 8.43 | 8.50 | 8.57 | 8.65 | 8.72 |
| Woodie | 7.30 | 7.57 | 8.10 | 8.37 | 8.90 | 9.17 | 9.70 |
| Fibonacci | 7.52 | 7.83 | 8.01 | 8.32 | 8.63 | 8.81 | 9.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.65 | 5.27 | 6.82 | 8.44 | 9.99 | 11.61 | 13.16 |
| Camarilla | 7.51 | 7.80 | 8.09 | 8.38 | 8.67 | 8.96 | 9.25 |
| Woodie | 3.63 | 5.25 | 6.80 | 8.42 | 9.97 | 11.59 | 13.14 |
| Fibonacci | 5.27 | 6.48 | 7.23 | 8.44 | 9.65 | 10.40 | 11.61 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.78 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 4.04 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 8.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.51 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 8.35 | |
| Zig ZAG (10): | 8.43 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 37.96 | |
| TEMA (21): | 8.46 | |
| Williams %R (14): | -50.31 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 1.47 |
| MA7: | 8.33 | |
| MA20: | 8.45 | |
| MA50: | 9.19 | |
| MA100: | 8.89 | |
| MAexp7: | 8.43 | |
| MAexp20: | 8.40 | |
| MAexp50: | 8.35 | |
| MAexp100: | 8.33 | |
| Price / MA7: | +1.08% | |
| Price / MA20: | -0.36% | |
| Price / MA50: | -8.38% | |
| Price / MA100: | -5.29% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +1.08% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AXIE INFINITY SHARDS - AXS/USDT - 1H