API3/USDT - API3: Trend_Reversal
Updated
◳◱ An intriguing development has unfolded on the CRYPTOCAP:API3 / 
USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 1.17 | 1.263 | 1.446 and the significant support levels found at 0.987 | 0.897 | 0.714. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 1.109, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: API3
▣ Rank: 246
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Services - Data Management
▣ Overview: API3 is a collaborative project to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized way. It is governed by a decentralized autonomous organization (DAO), namely the API3 DAO. Therefore, API3's code is open source and its operations are transparent.
◰◲ Technical Metrics:
▣ Mrkt Price: 1.109 ₮
▣ 24HVol: 2,760,362.841 ₮
▣ 24H Chng: 4.131%
▣ 7-Days Chng: -3.13%
▣ 1-Month Chng: 12.31%
▣ 3-Months Chng: -23.45%
◲◰ Pivot Points - Levels:
◥ Resistance: 1.17 | 1.263 | 1.446
◢ Support: 0.987 | 0.897 | 0.714
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 1.89
▣ Last 90D: -1.65
▣ Last 1-Y: -0.30
▣ Last 3-Y: 0.68
◲◰ Volatility:
▣ Last 30D: 0.74
▣ Last 90D: 0.73
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth API3USDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 1.17 | 1.263 | 1.446 and the significant support levels found at 0.987 | 0.897 | 0.714. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 1.109, allowing us to take advantage of the projected trend continuation.Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: API3
▣ Rank: 246
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Services - Data Management
▣ Overview: API3 is a collaborative project to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized way. It is governed by a decentralized autonomous organization (DAO), namely the API3 DAO. Therefore, API3's code is open source and its operations are transparent.
◰◲ Technical Metrics:
▣ Mrkt Price: 1.109 ₮
▣ 24HVol: 2,760,362.841 ₮
▣ 24H Chng: 4.131%
▣ 7-Days Chng: -3.13%
▣ 1-Month Chng: 12.31%
▣ 3-Months Chng: -23.45%
◲◰ Pivot Points - Levels:
◥ Resistance: 1.17 | 1.263 | 1.446
◢ Support: 0.987 | 0.897 | 0.714
◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 1.89
▣ Last 90D: -1.65
▣ Last 1-Y: -0.30
▣ Last 3-Y: 0.68
◲◰ Volatility:
▣ Last 30D: 0.74
▣ Last 90D: 0.73
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth API3USDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade active
Binance, Huobi.pro, KuCoin#API3/USDT Take-Profit target 1 ✅
Profit: 3.0057% 📈
Period: 16 Days 18 Hours 25 Minutes ⏰
Trade closed: target reached
Binance, Bittrex, Huobi.pro, KuCoin#API3/USDT All take-profit targets achieved 😎
Profit: 8.5843% 📈
Period: 16 Days 20 Hours 14 Minutes ⏰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.