API3 the new kid on the blocksome sort of eth token i believe not exactly sure. Looks like it should find support down ehre and make a move higher into the 6$ range if we hold.
API3USDT trade ideas
API3USDT is testing the daily resistanceThe price created a double top on the daily time frame and now the market is testing the 0.786 Fibonacci level.
On the 4h timeframe, the price got a rejection from the previous daily resistance now new support on 5$.
How to approach?
If the price is going to lose the current support, 4.6$, and retest it as new resistance, we can add in our watchlist and apply our rules for opening a new short position until the next valid support on 0.886 Fibonacci level around 4$.
the scenario is invalidated if the price is going to have a breakout from the 5$ area and retest it as new support.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
🔥 #API3/USDT lying on Strong Support#API3/USDT lying on Strong Support.
You can buy some coins here, Use a tight stop loss. if it breaks this support exit with a small loss and wait for the next support or you can an average your entry.
API3 Support & Resistance areaIn this chart we can see how exactly price get rejection & price rise from resistance & support. With the help of stochastic RSI indicator we can easily guess the price reaction. Once stochastic RSI reaches 80 & the candle is at its resistance we will get rejection from this point.
Interesting Fibonacci layout Seems like API3 might be following these fibs, if bulls pull trough I think we can go up to around 9 before another retracement - or it could just all go down and completely invalidate the structure, just putting this out there.
api 3 slight correction after symmetrical traingle pattern breakApi 3 @Chainlik killer will definitely moon ... After breakout from traingle pattern now its moving upward which can easily traced by parrallel lines too..
API3 Long Opportunity 20220228 api3usdt api3usdtpSignal: Red -> Green
Context: Blue -> Green
Waiting for Breakout of the upper resistance
The bottom blue support line should not be broken
API3, API3USD, API3USDT,API3USDTP, API3USDT, ,CRYPTO,CRYPTOCURRENCY
API3- breakoutThe technical configuration for API3 look promising.
- A long triangle that is breaking upward
- Strong volumes
However the volatility is high, so be prudent on this crypto
API3 broke traingle patternHello everyone . Api3 just gave brokeout from traingle pattern //Do your own reseach just put stop loss from where it actually gave breakout from
Long API3USDTLong API3USDT
Im looking to API3USDT after a 6h close above 7.612
1st Target - 8.715 zone
2nd Target - 10.592 zone
invalidation daily close below 5.39
api3 bullish pennant with retest?looks to me a bullish pennant with a retest of the trend line. looking for a good bounce off trend line. this is not financial advice I'm newer. please leave a comment. any input at all is welcomed.
API3/USDTAPI3 is breaking symmetrical triangle pattern. In 4hr and also in weekly chart make use of it.
Entry price : 6.84$
Target : 10.9$
API3USDT IN THE DECISIVE ZONEAPI3USDT has shown volatile movements for a couple of days.
Now it seems that the price is around the top area of falling wedge and trying breakout while moving in the parallel channel. Parabolic SAR points for the 4H / 8H resistance have also been broken(12H point for now is around $8.17).
Seeing that BTC price movement may not be ferocious for a while and Stochastic RSI point is not so bad for the price going higher, API3 shows a high potential for a huge breakout in the next few hours.
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.
