API3USDT trade ideas
API3 - THE NEXT BIG SHORTHi guys, last time I shorted RLC token and made some big gains. Take a look at my latest chart from RLC and see this about API3 as well. In my opinion this will fall very heavy. In allready in short position from 2.2$ and made some comments for you on the chart why. This should be really easy, becasue this token is rising very long and in the end there was strong fake out wick and after HL with red candle. BTC will fall as well in my opinion. Take care.
$API3.X: Potential for 50% move in the next few daysThe stock has been in a constant uptrend the past few weeks and similar to other coins like STORJ, UNI etc, the stock has potential to retrace to the 3.618 FIB level which puts it at roughly $2.7.
$1.8 the 1.618 FIB is a decent entry and if it drops below $1.62, run for the hills :)
Goodluck out there and lets make some $$$$
API3 LONG TRADE 20220618Signal
red -> green
context Blue
API3, API3USD, API3USDT, API3USDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
API3 - Beatiful short setupReasons to take short
⭐️ Bearish BTC
⭐️ Formation is seen on multiple timeframes
⭐️ Formation 6d old
⭐️ We are almost in the end of formation
⭐️ Volume at top
⭐️ 4th touch
⭐️ Range is getting smaller
⭐️ 7th touch
⭐️ 50 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
API3USDT BUTTERFLYButterfly
The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
API3/USD - Next Resistance at $2.3 & $3.3 😎API3 has reached a local bottom and a relief rally is in order.
The current support at $1.2 meets at the intersection of two key levels, first the trendline since API3 was released as well as a perfect 1:1 extension from the previous top.
The key levels to watch as the price moves higher are at $2.3 and $3.3.
A price above $3.3 seems unlikely unless BTC somehow manages to push above $40k.
Bias is bullish short term, but I would not expect more than $3.3 in the current market.
Keep an eye on this.
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