API3/USD - Price BACK on Support. BUY opportunity??? 😁API3 FULLY retraced from the most recent PUMP. Now price is approaching the key support / breakout point.
Should you buy or should you wait?
Instinct tells me that a full retrace is BEARISH. So there is quite a bit of risk to BUY here...
I'd give this chart a bit more time, say a few days. Then re-consider.
If you like risky plays, then you can enter with a stop under the support level. But you may get hunted...
Bias is NEUTRAL on this chart. Can go either way from here.
Be careful. Check my last API3 idea as well. 👇
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Api3usd
API3/USD - Breakout CONFIRMED with at 100% rally!!! 😍OMG, I expected a pump in my last post yesterday (👇), but damn, I did not expect a 100% PUMP overnight.
Price is now close to the previous all-time high, so I'd be careful here, FOMO time was at the breakout from the pennant in blue, NOT NOW.
So better follow me as this idea was posted yesterday BEFORE the pump.
I'd wait and let the market breathe now, then consider a position. Enjoy the profits.
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API3API3 is very new for any solid TA.
The chart is peppered with weak Supports on 4H and lower timeframes.
So far it appears to like Fibonacci levels, taken from all time high to all time low.
Looking at the 4H chart, bulls, or perhaps community enthusiasm is lifting API3, but there are some dramatic candles of +20% moves.
I can see this reaching 5.69 and then retracing, Level2 will be key for me in trading API3.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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API3/USD - API3 is UNSTOPPABLE. Massive Breakout? 🚀API3 rallied a casual 75% since hitting support at $3.7 and now appears ready to LEAVE the blue pennant and move higher still!!!
This is when the overall market tanked yesterday, yet API3 just re-tested the breakout as support... woot?
Yep. This is extremely bullish. A lot of buy pressure on API3 this whole February. Someone is buying big if you check my past idea.
Bias is bullish and everything points... UP. Lets see if we get a correction soo, otherwise next resistance is at $6.
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BLOXTOPS*ALERT \\ API3 // SOARS TO $15
In this chart we see COINBASE:API3USD with a clear breakout of the downward trend. The token appears to be in a massive accumulation period between $4 and $16. The short term target for 2022 is $15, however I do believe this coin will be worth at least 10% of COINBASE:LINKUSD market cap by the end of 2022; a 1 Billion dollar valuation. If API3 is to hit 1 Billion the price would be worth $25 / token.
Bonus: API3 has now been listed on three of the most liquid exchanges as of 1/20/22 (Binance, Coinbase, Gemini).
API3 Will Break Any Day Now!Hello traders,
As you can see on the daily chart of API3, the price performance has been in a downtrend recently however the Momentum Oscillator (RSI) is showing a bullish divergence by presenting us with lower lows! The weekly MACD is also revealing a possible divergence to the green, I see a very low likely hood of it continuing to be red mainly due to the fact MACD's come in swings of 3, which we have already experienced.
Safe trading,
-Pulkanator
API3/USD - FAT FINGER pumps API3 to the MOON! 😁I've been monitoring API3 price action and someone fat fingers the order book on a regular basis with spikes over 20% in seconds.
Buying support and selling resistance here is instant profit!
Fat fingers are market participants that market execute a large order, either buying or selling.
In this case, someone is buying the whole order book of API3 with one click. This leads to massive spikes.
Price shoots up, corrects to support, then cycle repeats.
API3/USDT order book is very thin, so large sell orders are quite spaced out. If you play it right, you can sell for 20% profit in no time.
You can buy/trade API3 on Binance now as well, so plenty of opportunities and API3 is a great coin too!
This price action is likely temporary and some whale is loading up when they market execute.
Someone is accumulating.
To lower your risk, make sure you BUY support and SELL resistance. Don't be greedy in your targets + be patient. Scalp it for 5% - 15%.
The safest way is to buy at support with a stop loss under.
Don't be caught off guard when the buying stops.
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API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
down trend broke, strong impulse to the upsidechart has broken through the down trend and looks to have made a strong first wave impulse to the upside. expecting at least ~2x by end of wave 5.
API3 Breakout + Alt/BTC pairingsMost ALT/BTC charts are setting up nicely for a run here as long as BTC continues trading range-bound. This is one primary example of what this play could look like. This area we are trading in could very well be a bull trap; until we see considerable volume in large cap alts, tread lightly in these riskier plays.
API3 symmetrical triangle ideaAPI3 formed a nice symmetrical triangle and successfully breakout two days ago. API3 currently testing the support line and I hope for a successful bounce. If that happens I want the price to exceed the previous high to be completely sure in this trade. Price target from this breakout is at around 15,80$. Let's see if that will happen
API3API3 AGAINST ETH 2 PROBABLE REVERSAL ENTRY POINTS. The first one is most likely (has started from the .618 GR)
API3/USD - Ascending wedge about to break!API3 is about to complete its movement inside this large wedge that we have painted since early February.
We are likely to continue up before any meaningful resistance is met which currently stands at around $11.5. Will the wedge break up or will we crash down below support?
Bitcoin would indicate we will have some more bearish days ahead (BTC idea below), but API3 has shown tremendous strength to date and today is one of the few coins in green. Thus, best to let price lead the way. For now price should continue up until our resistance.
The indicators also support the bullish case, the only real question is if we break up of this wedge? Time will tell.
Bias remains bullish so long support holds. If that break, we may end up in a long consolidation, depending on broad market conditions.
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API 3 - Decentralized APIs for Web 3.0I have been watching for this project for a long time and recommended taking a closer look at when API3's price was near $2 ().
They have a lot of new, important strategic partnerships, product development detailing, a promising company. It is already present at Uniswap, Huobi, Kucoin, Okex, Poloniex, and many other platforms. The next important step is listing at Binance.
Technically, the API has broken through the resistance level and is likely to test it soon.
Best regards, EXCAVO
API3/USD - Buy opportunity! $4 presents an interesting case!API3 has dropped 54% and we went in the golden pocket between Fib 61% and 65%. This is usually a good buy area during a correction and especially in a bull market.
What is more important is that just under we also have an ascending support line. This confirms that this drop has arrived towards its end. Moreover, the yellow parabola also shows we have reached the end of this correction because once broken we shall pump.
For now, there are some good early signs on the 4h indicators that we should move higher. RSI dipped to 20 and now we're back up as we formed a Head and Shoulder reversal pattern.
MACD is a lagging indicator and should turn bullish if we maintain this level and not fall lower. STOCH RSI is already bullish. Good.
An entry here presents some risks, but overall I think it is worth it and a 50% discount on API3 is nothing to fuss about. We will rarely get such a discounted price in this bull market.
Also keep a close eye on BTC and ETH (below my ideas). BTC may correct further, but for ETH I think we should be done. To be seen. Tomorrow will give us a better indication of price direction.
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API3/USD - Buy opportunity incoming - $3API3 has done a fantastic rally, however now we are in a corrective move towards $3. We have some support at $4.5, however I do not expect this to hold.
Therefore we may get a nice change to re-load at 3$ or just above previous ATH.
Daily indicators are looking bearish and we just had a negative cross on MACD. Daily RSI also formed an inverted head an shoulder and is falling. We have a long way down, let's see how low we fall, would be surprised to go under $3 though as API3 has been a very strong performer so buy interest should remain high.
Until then a possible path is on the chart. Ideal buy area is between $3.5 and $3. Buy orders in that zone should have a good chance to fill once we fall under $4.
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