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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API3BTC
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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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/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 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.
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