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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