API3 - An EASY 2X? API3 price is resting slightly above support at the bottom of a multi-month consolidation channel. But this isn't purely a TA play...API3 will be launching a new product (Amberdata Beacons) at ETHdenver...which will have over 3,000 devs... and is only 2 weeks or so away!
As one of the only credible competitors to Chainlink, and with meaningful partnership and integration with Boba Network, this seems to be both a solid short term trading opportunity and long term investment.
Am I wrong or right? Why? Add some more info in the comments.
Api3
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. 👇
Like and follow if you liked this analysis.
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.
Like and follow if you liked my idea!
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!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
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.
Like and follow if you liked my idea!
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.
Like and follow if you liked my idea!
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
[23/01/2022] API3 is it going bullish ?
It's been the third time that the $6 mark has been crossed.
And right now, API3 is at ~$4.9
Compared to the previous increases, this time, the increase is accompanied by more significant volume increase
Previous volume increases: 150K average
Yesterday's and today's volumes: 2.255/3.189M (21x)
Is API3 going bullish ? Only time will tell.
$API3 LongAPI3 has a very good chance to grow. The pattern wedge has passed upwards, so we can count on the growth in the size of this wedge (purple line). Also the volumes (almost the same as during the ATH) show the growth.
However the market can make corrections, so it is worth to look at the support area.
We have support from 3 instruments at once.
The trend line, the historical support zone and the bolinger line.
Resistance zones: 5.62 - 6.05 and 6.50 - 7
Support zone: 2.62 - 3.08
Always consider the state of the market.
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, $10-11 in the booksHey Traders,
At the beginning of 2021 API3 had a smaller circulating supply so $10.50 USD was an easy go, as with new coins, supply slowly gets added on therefore explaining why API3 isn't at its ATH. The Time cycles on the Weekly Candle Chart I drew are a signal for when API3 is cheap, this will always be valid until API3 clears $7. It is also safe to say that API3 is heading for $6.5 according to the Weekly Bollinger Bands. A thing you should know, TA with small/ new coins is difficult because you need more price history. If API3 were to get just to the $500M of UMA that would make API3 $10-11 USD per coin. $1B would make API3 $20-22 USD per coin. And if it killed Chainlink with $10B it would be $150-$200 per coin.
Just buy 3 API3, thank me later!
Safe trading,
-Pulkanator
API3 Breakout + Alt/BTC pairingsMost ALT/BTC charts are setting up nicely for a run here as long as BTC continues trading range-bound. This is one primary example of what this play could look like. This area we are trading in could very well be a bull trap; until we see considerable volume in large cap alts, tread lightly in these riskier plays.
API3 symmetrical triangle ideaAPI3 formed a nice symmetrical triangle and successfully breakout two days ago. API3 currently testing the support line and I hope for a successful bounce. If that happens I want the price to exceed the previous high to be completely sure in this trade. Price target from this breakout is at around 15,80$. Let's see if that will happen
API might head down before upLooking to short at current prices and up to the red box...anything past red box I STOP LOSS:
Hope to short it to the green boxes...once a price reaches a box and passes it...the remainder of my position will have a stop loss/take profit since at any moment API could spike
API3API3 AGAINST ETH 2 PROBABLE REVERSAL ENTRY POINTS. The first one is most likely (has started from the .618 GR)