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API3 / TetherUS

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API3USDT trade ideas

$API3/USDT 12h (#BinanceFutures) Descending trendline breakoutApplication Programming Interface 3 is holding above 50MA support and looks ready for a sharp recovery, let's bid! Current Price= 5.624 Buy Entry = 5.505 - 5.257 Take Profit= 6.127 | 6.756 | 7.295 Stop Loss= 4.782 Risk/Reward= 1:1.25 | 1:2.3 | 1:3.2 Expected Profit= +27.72% | +51.10% | +71.14% Possible Loss= -22.26% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 1-2 months Tags: #API3 #API3USDT #API #Oracle #Web3 #PoS #Staking #DAO #Governance #DeFi Website: api3.org Contract: #ERC20 0x0b38210ea11411557c13457D4dA7dC6ea731B88a
Long
by TradingOn
API3 Retracement IncomingSo I have been been diamond handing an API3 trade with an avg of $7.3 for this entire month , In reality I should've sold earlier, and would've had plenty opportunities to lower my cost average and would've probably been in profit by now but sometimes that's what happens when you've bought the dip and but the dip keeps dipping, now it seems like the most of the pain is gone and API3 is retracing. I am looking to lower my cost average by playing this 0.236 level as resistance I sold at $6.2 and buying back in at the 0.0 fib level around $5.3, I have pointed out on the chart a similar structure in the previous retracement. I sold about 40% of my position and if this works I would lower my cost average to ~ $6.4. I wish I had the balls to sell my entire position to buy back in lower but if someway somehow this rallies even more I would've hated myself for not hedging my risk and taking a 15% loss
by cactinotnoicetea
API3 back in re-entry Buy Zone 137% gain from our next targetFrom the current price API3 is 137% away from our next price target @ $12.77. From the Buy Zone, we can expect API3 to retest the previous ATH @ $10.45..it is vital for API3 to flip the previous ATH into strong support for the next leg up to the 127.20% ($10.45) & 161.80% ($15.73) fibs target which is 193% gain away from the current price in the re-entry Buy Zone. Further to this from the Bull Market Indicator for short-term trades, we have a strong Buy Indicator triggered today. The last time we had a Buy signal trigger we saw API3 gain 153% in just under 8 days. Happy Trading :)
Long
by CryptocurrencyMagnet