APECOIN - APE/USDT - 1H - Technical analysis published on 09/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 1.42 USDT
My targets
1.33 USDT (-3.84%)
1.23 USDT (-10.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on APECOIN - APE/USDT as long as the price remains well below 1.42 USDT. The sellers' bearish objective is set at 1.33 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.23 USDT. In case of crossing, the next objective would be the support located at 1.08 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
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Additional analysis
Quotes
The APECOIN - APE/USDT price is 1.38 USDT. The price is lower by -0.72% since the last closing and was traded between 1.37 USDT and 1.41 USDT over the period. The price is currently at +0.73% from its lowest and -2.13% from its highest.1.37
1.41
1.38
Here is a more detailed summary of the historical variations registered by APECOIN - APE/USDT:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of APECOIN - APE/USDT in 1H 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.38 | 1.38 | 1.42 | 1.44 | 1.46 |
| Change (%) | 0% | - | +2.90% | +4.35% | +5.80% |
| Change | 0 | - | +0.04 | +0.06 | +0.08 |
| Level | Intermediate | - | Major | Intermediate | 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 | 1.29 | 1.33 | 1.36 | 1.40 | 1.43 | 1.47 | 1.50 |
| Camarilla | 1.37 | 1.38 | 1.38 | 1.39 | 1.40 | 1.40 | 1.41 |
| Woodie | 1.29 | 1.33 | 1.36 | 1.40 | 1.43 | 1.47 | 1.50 |
| Fibonacci | 1.33 | 1.36 | 1.37 | 1.40 | 1.43 | 1.44 | 1.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.08 | 1.23 | 1.33 | 1.48 | 1.58 | 1.73 | 1.83 |
| Camarilla | 1.35 | 1.37 | 1.40 | 1.42 | 1.44 | 1.47 | 1.49 |
| Woodie | 1.05 | 1.22 | 1.30 | 1.47 | 1.55 | 1.72 | 1.80 |
| Fibonacci | 1.23 | 1.33 | 1.39 | 1.48 | 1.58 | 1.64 | 1.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.43 | 0.90 | 1.17 | 1.64 | 1.91 | 2.38 | 2.65 |
| Camarilla | 1.23 | 1.29 | 1.36 | 1.43 | 1.50 | 1.57 | 1.63 |
| Woodie | 0.32 | 0.85 | 1.06 | 1.59 | 1.80 | 2.33 | 2.54 |
| Fibonacci | 0.90 | 1.19 | 1.36 | 1.64 | 1.93 | 2.10 | 2.38 |
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): | 39.91 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -19.22 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 1.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.40 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.41 | |
| Zig ZAG (10): | 1.38 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 32.48 | |
| TEMA (21): | 1.39 | |
| Williams %R (14): | -64.10 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.42 |
| MA7: | 1.43 | |
| MA20: | 1.54 | |
| MA50: | 1.79 | |
| MA100: | 2.11 | |
| MAexp7: | 1.39 | |
| MAexp20: | 1.39 | |
| MAexp50: | 1.41 | |
| MAexp100: | 1.42 | |
| Price / MA7: | -3.50% | |
| Price / MA20: | -10.39% | |
| Price / MA50: | -22.91% | |
| Price / MA100: | -34.60% | |
| Price / MAexp7: | -0.72% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -2.13% | |
| Price / MAexp100: | -2.82% |
Quotes :
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Real time data
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Cryptocompare
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