Londinia Opportunities Analyses - 05/04/2024 (GMT) API3 - API3/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | API3USDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2.39 USDT
My targets
2.44 USDT (+1.24%)
2.48 USDT (+2.90%)
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 2.39 USDT. The buyers' bullish objective is set at 2.44 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.48 USDT. If there is any crossing, the next objective would be the resistance located at 2.57 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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Additional analysis
Quotes
The API3 - API3/USDT rating is 2.41 USDT. The price registered an increase of +0.84% on the session and was traded between 2.37 USDT and 2.43 USDT over the period. The price is currently at +1.69% from its lowest and -0.82% from its highest.2.37
2.43
2.41
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this API3 - API3/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 2.18 | 2.28 | 2.39 | 2.41 | 2.44 | 2.48 | 2.57 |
| Change (%) | -9.54% | -5.39% | -0.83% | - | +1.24% | +2.90% | +6.64% |
| Change | -0.23 | -0.13 | -0.02 | - | +0.03 | +0.07 | +0.16 |
| Level | Major | Major | Minor | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.00 | 2.12 | 2.25 | 2.37 | 2.50 | 2.62 | 2.75 |
| Camarilla | 2.32 | 2.34 | 2.37 | 2.39 | 2.41 | 2.44 | 2.46 |
| Woodie | 2.02 | 2.12 | 2.27 | 2.37 | 2.52 | 2.62 | 2.77 |
| Fibonacci | 2.12 | 2.21 | 2.27 | 2.37 | 2.46 | 2.52 | 2.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.80 | 2.04 | 2.24 | 2.48 | 2.68 | 2.92 | 3.12 |
| Camarilla | 2.32 | 2.36 | 2.40 | 2.44 | 2.48 | 2.52 | 2.56 |
| Woodie | 1.78 | 2.03 | 2.22 | 2.47 | 2.66 | 2.91 | 3.10 |
| Fibonacci | 2.04 | 2.21 | 2.31 | 2.48 | 2.65 | 2.75 | 2.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.34 | 0.77 | 1.47 | 2.58 | 3.28 | 4.39 | 5.09 |
| Camarilla | 1.66 | 1.83 | 1.99 | 2.16 | 2.33 | 2.49 | 2.66 |
| Woodie | -0.56 | 0.67 | 1.26 | 2.48 | 3.07 | 4.29 | 4.88 |
| Fibonacci | 0.77 | 1.47 | 1.89 | 2.58 | 3.28 | 3.70 | 4.39 |
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): | 60.42 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 22.19 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 2.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.47 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.35 | |
| Zig ZAG (10): | 2.41 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 68.58 | |
| TEMA (21): | 2.41 | |
| Williams %R (14): | -34.00 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 1.26 |
| MA7: | 2.30 | |
| MA20: | 2.38 | |
| MA50: | 2.97 | |
| MA100: | 3.28 | |
| MAexp7: | 2.41 | |
| MAexp20: | 2.40 | |
| MAexp50: | 2.35 | |
| MAexp100: | 2.31 | |
| Price / MA7: | +4.78% | |
| Price / MA20: | +1.26% | |
| Price / MA50: | -18.86% | |
| Price / MA100: | -26.52% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.42% | |
| Price / MAexp50: | +2.55% | |
| Price / MAexp100: | +4.33% |
Quotes :
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Real time data
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