API3/USDT burj khalifa patternwaiting to burj khalifa pattern entry at DCA box stoploss above DCA zone
API3USDT.P trade ideas
#API3/USDT#API3/USDT
The price has been moving in a bearish flag since July 2022
Moving average 100 was broken
Current price 1.61
First goal 2.43
Second goal 2.95
Which represents 200% of the current price
API3/USDT Process Downward to the support area. Could Bounce ??💎 API3's market dynamics have been garnering a lot of attention lately. At the moment, API3 is navigating a downward trajectory toward a key support area, entering what appears to be a retesting phase following a Bullish Trap scenario.
💎 The upcoming period is critical; if API3 successfully bounces off this support level, it could mark the start of an upward movement, potentially leading to an attempt to break through the resistance pattern.
💎 A successful breach of this resistance probability could pave the way for API3 to reach its target in the strong resistance area.
💎 Conversely, if API3 fails to demonstrate a bounce during this retesting phase at the support level, it may signal a worrying shift. Such a failure to hold the support could indicate a reversal to a bearish trend, pushing API3 towards a lower, more robust support area.
💎 This scenario would be crucial, as a failure to maintain above this stronger support could lead to further downward momentum.
Mock Up Price Action for API3 | Mid-Long Term (12HR)Mock Up Price Action for BINANCE:API3USDT | Mid-Long Term (12HR)
- Monitoring coins looking for market correction dip price support levels to buy in at and accumulate for longer term
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
- API3 has been on my short list of daily purchase DCA for over a year now. One I am very curious to continue to accumulate sit and hold for later in the year.
Api3 longDCA longing api3 with tight stoploss.
The 2hr closed above very important area indicating a higher run.
Longing 1.56 and below.
Targeting 2
Closing if doesn't hold 1.52.
Note: Not a Financial Advice.
API3's Meteoric Rise: Unraveling the Dynamics Behind 100% SurgeAPI3, the decentralized oracle project, has recently experienced a remarkable rally, with its price soaring by 100% in just 24 hours. As enthusiasts eye a $4.0 target in the near term, it's crucial to delve into the factors propelling this surge and assess whether API3 is poised for sustained growth.
The Funding Rate and DWF's Market Making Loan:
Renowned analyst Sell When Over | 9000.sei (@sell9000) sheds light on the driving forces behind API3's recent ascent. One significant contributor is the negative funding rate, reminiscent of previous instances observed with UMA. The current negative funding rate creates a cost for holding long positions, incentivizing buyers to push the price upward. Adding to the intrigue, DWF reportedly provided a $1.5 million market making loan, introducing additional incentives to boost API3's price to profitable levels. This loan comes with an option to purchase tokens within a specified price range, adding a layer of complexity to the market dynamics.
Technical Analysis and Market Dynamics:
From a technical standpoint, analyst The Great Mattsby (@matthughes13) highlights API3's breakthrough of the previous resistance at $2.50 and the establishment of new resistance around $3.20. This development has facilitated a remarkable 45% surge in API3's price, marked by a significant daily candle. However, challenges may lie ahead as API3 faces resistance at $3.20, identified by the orange horizontal line. Mattsby acknowledges the potential difficulty in surpassing this level, leaving the market eagerly awaiting further developments.
API3's Mission and Market Potential:
Understanding the fundamentals of API3 is crucial to grasping its potential for sustained growth. API3 aims to revolutionize the creation, management, and monetization of decentralized versions of APIs on a large scale. In a world where smart contracts frequently face challenges accessing reliable data, APIs offer a potential solution. As blockchain technology gains prominence across various sectors, the API3 team emphasizes the increasing importance of smart contracts delivering timely, reliable real-world data.
The Whitepaper Unveiled:
The whitepaper for API3, unveiled in September 2020, highlighted a critical issue associated with APIs: connectivity. Smart contracts currently lack a direct means to connect with APIs for the most up-to-date data, leading to the surge in popularity of oracles. While oracles have mitigated this challenge, they introduce increased costs and centralization. API3 seeks to overcome this predicament by empowering API providers to operate their own nodes.
Conclusion:
API3's recent price surge is a testament to the growing interest in decentralized oracle solutions. As the project navigates critical resistance levels and tackles challenges, investors remain intrigued by its potential for further growth. The interplay of negative funding rates, market making loans, and technical breakthroughs make API3 a fascinating case study in the ever-evolving landscape of cryptocurrency investments. As the market awaits further developments, API3 enthusiasts and skeptics alike find themselves on the edge of their seats, wondering if this meteoric rise is a mere prelude to greater achievements or a temporary phenomenon in the tumultuous world of crypto.
API3 Can Go to 7$ in no Time API3 Can Go to 7$ in no Time , DCA API3 From here and you will be rewarded
API3 LongAlready in a swing long on this one idea from here.
But longed here with leverage and margin again from here(1.7550) with tight sl.
Sl at recent low.
Risk Reward good from here and already up on my position so taking risk here is good for me.
Expecting it to send sooner.
Targeting 2 and 2.2
Note: Not a Financial Advice.
DYOR
API3USDTAPI3USDT /
Ready after retest with fake breakout , now should , go up ,
SL
AND TP are set in chart
Swing Long Api3Got Price alert on this one and entered long from 1.4350.
This is very strong level in htf and if holds this is going to send to 2.2 and 2.9.
Swing targets
Cutting on breakdown of 1.4
Highest RR trade.
Risk managed.
Note: Not a Financial Advice.
API3 ANALYSISAPI3 has broken the trigger line and has a bullish CH. It has two liquidity pools at the bottom, if it sweeps these pools and then hits the support we are looking for, it could move well up.
If it returns to the green range, we will look for a buy/long position. The target range is red. This icon should be on your watch list.
#api3 The confirmation of a breakout and retest in a descending channel suggests an anticipated bullish wave of 150-170% in the upcoming days.
🌟🔍 API3's Bullish Signs 📈🔐🌟🔍 TradingView Analysis: API3's Bullish Signs 📈🔐
🔺 API3 in a Weekly Correction Triangle: API3 is currently in a corrective triangle in the weekly timeframe. Notably, there has been significant buying volume in recent weeks. The decreased volume during the last three weeks of red candles is a positive sign for potential upward movement.
🌐 Daily Timeframe Movement: The coin is showing a curved movement in the daily timeframe, but it's not parabolic. It responds well to this curved line, but opening positions based on this reaction isn't part of my strategy.
📈 Entry Strategy: For short-term entries, I plan to enter a long position or buy spot after breaking the daily resistance at $1.591.
🔑 Key Resistance and Monthly Box Entry: Once it breaks the trend line and the $1.591 resistance, API3 will enter a monthly box, with a crucial resistance at $2.443.
🛒 Long-Term Buying Strategy: For a long-term portfolio or hold, it's advisable to buy after surpassing $2.443 to ensure a confirmed bullish trend.
🔍 Important Daily Resistance: Keep an eye on the daily resistance at $1.921.
📊 RSI Oscillator Support: The RSI is finding important support at 40, which could sustain the price.
🚦 Caution in the Triangle: As long as the price remains above $1.272, it's better not to buy within the triangle until it exits the consolidation phase.
🔑 Related Categories:
Triangle Patterns
Volume Analysis
Oscillator Analysis
📣 What’s your perspective on API3's market movement? Let's discuss strategies! 💬🌐 #API3Analysis #CryptoTrends #TradeCityPro
📚 Remember: Cryptocurrency investments are subject to market risks. Always conduct thorough research and consider your risk tolerance! 🧠💼
🚨 Trade Alert: API3/USDT (3-5x)🚨 New Trade Alert 🚨
✅ API3/USDT (3-5x)
📉 LONG Entry Zone: 1.36 - 1.4768
⛔️ SL: 1.3048
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 1.495 - 1.51 - 1.54 - 1.58 - 1.62
Mid Term: 1.66 - 1.70 - 1.75 - 1.80 - 1.84
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
APII3 is Bullsh but needs to...API3 is bullish but it needs to breakout the trend and closes above it
we have
. 2 main trends a
. Shark pattern
. Bullish indicators
It may retest the OB area before it breaks out
All the best insha Allah
Short to Mid term $API3 Idea %20-%70 possible gainsThing looking good for API3. If it can breakout of the triangle and retest, explosive moves may happen!Bollinger bands narrowed! It looks like ready for the big action. So far it is moving above the Ema20,Ema50,Ema100,Sma15 lines. Ema 200 sitting at $1.21range . If price action progress the way it should, we may see golden cross shortly on the daily chart.Only 100 million market cap coin! Short term target is $1.3-$1.5 range , Mid term target is $1.9.
#api3 will explode someday?- Very well accumulated.
- Trend support for 4 times
- Falling wedge and rested RSI
These are good signs. Breaking down the wedge is the invalidation and road to Magma.
NOT FINANCIAL ADVICE.
Pullback is the time to join the race | Long BiasChart 4H TF
BINANCE:API3USDT has broken and closed above resistance at 1.14
Now, it's pulling back and trading to 1.124 now
API3 has support around 1.07 this level is supported by ascending trend line begin from 0.83
Besides, API3 has Fair Value Gap around 1.1
Wait for next move
API3 4h scalp Once it closes above the channel, it will be heading to the target or maybe little more...
Stick to your SL 4h below he red line because of the FED today.
All the best insha Allah!
API3USDTAPI3USDT has started new bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 1.12
API3 LONG SIGNAL 30MINHello dear traders
In api3 currency, we can look for long positions in 15 and 30 minute time frames.
The formed pivot has good credibility and even though the trade is in the opposite direction, there is a possibility that the price will grow.
Thank you for your support
Be profitable and happy
API3USDT pullbackHit a high TF level so the expected pull back can be decent. Target 1 is where I'd take profits and try to short
