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!
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API3USDT trade ideas
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 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.
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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.
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 - Possible Alt Season EntryNot Financial Advice. API3 is an interesting oracle crypto that could be utilized in banking once things go digital. They are working with the open bank project source: api3.org . For the most part is has ranged the entire bull run and I think this could possibly be a good entry IF Bitcoin doesn't have more downside in the near future. If that happens it will probably go lower and that could be an even better opportunity. As of right now as long as it holds above the 0.236 Fib retracement it should be fine. Best case scenario and we have a full blown alt season we could see it hit $39.92 if it reaches all the way out to the 4.236 Fib extension.
API3 pattern & the build of the oracle solution and a 2XAPI3 has been of significant interest for a while. Originally what read as a very smart way to solve the oracle problem with a decentralized API, subsequent partnerships with 0chain and others set API3 up as a powerful solution to assist in getting real world data onto chain. Without traditional nodes providing better data integrity, monetary benefits as well as providing a solution to data holders without an existing API should provide better ability for more real world data being brought on chain via 1st and 3rd party oracles. Multi-chain solution as part of a growing wide ecosystem plays well into a future where all data is available on chain from industry to industry which need verifiable data for business decisions. A combination of API3 and other solutions is a robust answer to ranging issues. Providing potential solutions for supply chain, file storage, privacy, again data... Not betting on another oracle but what can make oracles better and assist data owners with an easier way to develop API's to get data into oracles, maintain data integrity and subsequently and easily then on chain. From Smart Cities to non crypto related data a wide ranging and flexible solution.
Recent wick down is creating a similar patters to prior periods resulting hopefully repeating a 2X on investment prior to full potential being unleashed. Goal is to secure profits and remove investment to spread to other solutions growing at break neck speed for the blockchain future. In the lower area of an earlier selected buy zone must first get through and hold above $7 to move to a 2X in the $10 range. Buying $5.15 to $4.7, SL $4.028. TP is $10.3 or wherever a 2X lands after DCA.Sitting right around significant past daily support/resistance. Risk if breaks down further but protocol/utility of significance for a long term hold at least of profits.
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.
IOX-FX - API3USDT - Ascending triangle pattern + elliott waveApi3usdt
The price can form an ascending triangular pattern.
We will wait for wave c to complete, from that point on we could see a new wave d and e, or we could see the breaking of the ascending triangular pattern upon completion of wave c.
Possible target: 12.44