APECOIN - APE/USDT
APECOIN - APE/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: APEUSDT
ISIN:

APECOIN - APE/USDT - 1H - Technical analysis published on 01/21/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
6%
50%
44%
My opinion
Bullish above 4.94 USDT
My targets
5.32 USDT (+3.30%)
5.53 USDT (+7.38%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.94 USDT remains possible. It is advisable to trade APECOIN - APE/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.94 USDT. The next bullish objective for buyers is set at 5.32 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.53 USDT. If there is any crossing, the next objective would be the resistance located at 5.91 USDT. PS: if there is a bearish break in the support located at 4.94 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.8

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 solomongrundy. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The APECOIN - APE/USDT price is 5.15 USDT. The price registered a decrease of -0.96% on the session with the lowest point at 5.11 USDT and the highest point at 5.39 USDT. The deviation from the price is +0.78% for the low point and -4.45% for the high point.

5.11
5.39
5.15

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by APECOIN - APE/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this APECOIN - APE/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.66 4.82 5.12 5.15 5.32 5.53 5.91
Change (%) -9.51% -6.41% -0.58% - +3.30% +7.38% +14.76%
Change -0.49 -0.33 -0.03 - +0.17 +0.38 +0.76
Level Intermediate Major Major - 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
Standard4.494.654.925.085.355.515.78
Camarilla5.085.125.165.205.245.285.32
Woodie4.564.684.995.115.425.545.85
Fibonacci4.654.814.915.085.245.345.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.903.504.344.945.786.387.22
Camarilla4.794.935.065.195.325.455.59
Woodie3.033.564.475.005.916.447.35
Fibonacci3.504.054.394.945.495.836.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.782.523.083.824.385.125.68
Camarilla3.283.403.523.643.763.884.00
Woodie1.692.482.993.784.295.085.59
Fibonacci2.523.023.323.824.324.625.12

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): 51.99
MACD (12,26,9): 0.0800
Directional Movement: 7.76
AROON (14): -21.43
DEMA (21): 5.29
Parabolic SAR (0,02-0,02-0,2): 5.38
Elder Ray (13): 0.01
Super Trend (3,10): 5.13
Zig ZAG (10): 5.15
VORTEX (21): 1.1100
Stochastique (14,3,5): 44.32
TEMA (21): 5.29
Williams %R (14): -85.25
Chande Momentum Oscillator (20): -0.05
Repulse (5,40,3): -3.3100
ROCnROLL: -1
TRIX (15,9): 0.2700
Courbe Coppock: 5.45
MA7: 4.96
MA20: 4.64
MA50: 4.13
MA100: 4.06
MAexp7: 5.23
MAexp20: 5.17
MAexp50: 5.03
MAexp100: 4.96
Price / MA7: +3.83%
Price / MA20: +10.99%
Price / MA50: +24.70%
Price / MA100: +26.85%
Price / MAexp7: -1.53%
Price / MAexp20: -0.39%
Price / MAexp50: +2.39%
Price / MAexp100: +3.83%

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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