API3 - API3/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	API3USDT
ISIN:

API3 - API3/USDT - Daily - Technical analysis published on 02/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.59 USDT

My targets

1.85 USDT (+7.56%)

1.96 USDT (+13.95%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on API3 - API3/USDT as long as the price remains well above 1.59 USDT. The buyers' bullish objective is set at 1.85 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.96 USDT. If there is any crossing, the next objective would be the resistance located at 2.18 USDT.

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

6.4

Comment on the analysis

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 Spider992s. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

API3 - API3/USDT rating 1.72 USDT. The price is lower by -1.71% since the last closing with the lowest point at 1.72 USDT and the highest point at 1.77 USDT. The deviation from the price is 0% for the low point and -2.82% for the high point.

1.72

1.77

1.72

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of API3 - API3/USDT indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.15	1.43	1.59	1.72	1.85	1.96	2.18
Change (%)	-33.14%	-16.86%	-7.56%	-	+7.56%	+13.95%	+26.74%
Change	-0.57	-0.29	-0.13	-	+0.13	+0.24	+0.46
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	1.62	1.66	1.70	1.74	1.78	1.82	1.86
Camarilla	1.73	1.74	1.74	1.75	1.76	1.77	1.77
Woodie	1.63	1.66	1.71	1.74	1.79	1.82	1.87
Fibonacci	1.66	1.69	1.71	1.74	1.77	1.79	1.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.24	1.37	1.47	1.60	1.70	1.83	1.93
Camarilla	1.52	1.54	1.56	1.58	1.60	1.62	1.64
Woodie	1.24	1.36	1.47	1.59	1.70	1.82	1.93
Fibonacci	1.37	1.46	1.51	1.60	1.69	1.74	1.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.31	0.65	1.13	1.47	1.95	2.29	2.77
Camarilla	1.38	1.45	1.53	1.60	1.68	1.75	1.83
Woodie	0.37	0.69	1.19	1.51	2.01	2.33	2.83
Fibonacci	0.65	0.97	1.16	1.47	1.79	1.98	2.29

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):	62.41
MACD (12,26,9):	0.1100
Directional Movement:	16.77
AROON (14):	0
DEMA (21):	1.71
Parabolic SAR (0,02-0,02-0,2):	1.36
Elder Ray (13):	0.12
Super Trend (3,10):	1.39
Zig ZAG (10):	1.73
VORTEX (21):	1.1400
Stochastique (14,3,5):	80.84
TEMA (21):	1.76
Williams %R (14):	-21.76
Chande Momentum Oscillator (20):	0.12
Repulse (5,40,3):	1.5800
ROCnROLL:	1
TRIX (15,9):	1.1000
Courbe Coppock:	34.48

MA7:	1.67
MA20:	1.56
MA50:	1.33
MA100:	1.44
MAexp7:	1.68
MAexp20:	1.57
MAexp50:	1.45
MAexp100:	1.46
Price / MA7:	+2.99%
Price / MA20:	+10.26%
Price / MA50:	+29.32%
Price / MA100:	+19.44%
Price / MAexp7:	+2.38%
Price / MAexp20:	+9.55%
Price / MAexp50:	+18.62%
Price / MAexp100:	+17.81%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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