API3 - API3/USD - 1H - Technical analysis published on 04/06/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.868300 USD
My targets
0.721149 USD (-14.95%)
0.593977 USD (-29.94%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on API3 - API3/USD. As long as you are under the resistance located at 0.868300 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.721149 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.593977 USD as an objective. Crossing it would then enable sellers to target 0.538090 USD. If the resistance 0.868300 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The API3 - API3/USD rating is 0.847871 USD. The price is lower by -0.05% since the last closing and was between 0.841158 USD and 0.859855 USD. This implies that the price is at +0.80% from its lowest and at -1.39% from its highest.0.841158
0.859855
0.847871
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of API3 - API3/USD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1 (Daily)
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1 (Weekly)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Monthly)
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.538090 | 0.847871 | 0.868300 | 1.036272 | 1.166239 |
| Change (%) | -36.54% | - | +2.41% | +22.22% | +37.55% |
| Change | -0.309781 | - | +0.020429 | +0.188401 | +0.318368 |
| Level | 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 | 0.749737 | 0.783130 | 0.815725 | 0.849118 | 0.881713 | 0.915106 | 0.947701 |
| Camarilla | 0.830174 | 0.836223 | 0.842272 | 0.848321 | 0.854370 | 0.860419 | 0.866468 |
| Woodie | 0.749339 | 0.782931 | 0.815327 | 0.848919 | 0.881315 | 0.914907 | 0.947303 |
| Fibonacci | 0.783130 | 0.808337 | 0.823910 | 0.849118 | 0.874325 | 0.889898 | 0.915106 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.371432 | 0.593977 | 0.721149 | 0.943694 | 1.070866 | 1.293411 | 1.420583 |
| Camarilla | 0.752149 | 0.784206 | 0.816264 | 0.848321 | 0.880378 | 0.912436 | 0.944493 |
| Woodie | 0.323746 | 0.570134 | 0.673463 | 0.919851 | 1.023180 | 1.269568 | 1.372897 |
| Fibonacci | 0.593977 | 0.727569 | 0.810102 | 0.943694 | 1.077286 | 1.159819 | 1.293411 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.420948 | 0.038143 | 0.575259 | 1.034350 | 1.571466 | 2.030557 | 2.567673 |
| Camarilla | 0.838417 | 0.929736 | 1.021055 | 1.112374 | 1.203693 | 1.295012 | 1.386331 |
| Woodie | -0.381937 | 0.057649 | 0.614271 | 1.053856 | 1.610478 | 2.050063 | 2.606685 |
| Fibonacci | 0.038143 | 0.418694 | 0.653799 | 1.034350 | 1.414901 | 1.650006 | 2.030557 |
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): | 49.45 | |
| MACD (12,26,9): | -0.0053 | |
| Directional Movement: | 10.530045 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.835099 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.826225 | |
| Elder Ray (13): | 0.004818 | |
| Super Trend (3,10): | 0.818059 | |
| Zig ZAG (10): | 0.847996 | |
| VORTEX (21): | 0.9262 | |
| Stochastique (14,3,5): | 66.61 | |
| TEMA (21): | 0.838720 | |
| Williams %R (14): | -27.37 | |
| Chande Momentum Oscillator (20): | 0.021435 | |
| Repulse (5,40,3): | 0.5343 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1450 | |
| Courbe Coppock: | 1.47 |
| MA7: | 0.922768 | |
| MA20: | 1.045640 | |
| MA50: | 0.854390 | |
| MA100: | 1.077667 | |
| MAexp7: | 0.842916 | |
| MAexp20: | 0.843721 | |
| MAexp50: | 0.861719 | |
| MAexp100: | 0.904685 | |
| Price / MA7: | -8.12% | |
| Price / MA20: | -18.91% | |
| Price / MA50: | -0.76% | |
| Price / MA100: | -21.32% | |
| Price / MAexp7: | +0.59% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | -1.61% | |
| Price / MAexp100: | -6.28% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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