API3 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.
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.