API3USDT
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.
The Web3 API Economy (API3/USDT) Analysis 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #192 ,/ kind : ETH TOKEN / Market Cap:$209,697,968 ===> SO SO ✅
Total Supply: 110,978,134 /// Circulating Supply: 36,907,810.00 API3 (~ 34 %) ====> SO SO ✅
Holders Statistics: Top 10 Holders==> 87.6% //Top 20 Holders 91.57% ===> risky ❌📛
🔰What Is API3 (API3)?
Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem.
API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy — from decentralized finance to supply chain management — the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.”
coinmarketcap-api3.org
------------------------------------------------------------------------
📈📉 TECHNICAL
As you can see on the dailyI timeframe for API3/USDT , It is trading about $5.7 right now.
Since 7 April 2021 ,after recording a new ATH (10.5 $) ,
it has been declining and was compressing in symmetrical tringle.
and recently it has been successful to breakout this triangle and ,
have weekly close above it ,although it faced to local resistance and
decreased again ,which I consider it as pullback on descending trendline
or support zone right now , that can start to rise again in the next days
or next week .but take it in mind, if it go down below the green support area ,
in this case it can fall again even to lower support area .
🛑resistance level: $7 /$8-$8.4
❇️support levels: $4.56-$5/ $3.3 /$2.13
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
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 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 ~$4.9
Compared to the previous increases, this time, the increase is accompanied by more significant volume increase
Previous volume increases: 150K average
Yesterday's and today's volumes: 2.255/3.189M (21x)
Is API3 going bullish ? Only time will tell.
API3 Breakout + Alt/BTC pairingsMost ALT/BTC charts are setting up nicely for a run here as long as BTC continues trading range-bound. This is one primary example of what this play could look like. This area we are trading in could very well be a bull trap; until we see considerable volume in large cap alts, tread lightly in these riskier plays.
API3 symmetrical triangle ideaAPI3 formed a nice symmetrical triangle and successfully breakout two days ago. API3 currently testing the support line and I hope for a successful bounce. If that happens I want the price to exceed the previous high to be completely sure in this trade. Price target from this breakout is at around 15,80$. Let's see if that will happen
Turtle Formation They're heroes in a halfshell, and they're green.
When the evil shredder attacks, these turtle boys don't cut 'im no slack.
LINKies are cool but rude
API3 is a PARTY DUDE!!! TURTLE POWER.
With staking launched and a break out of the long turtle shell of death, I see good things coming. There is a big overhead volume node at 3.85 but breaking that it will zoom pretty fast to mid $4.