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API3 / TetherUS PERPETUAL CONTRACT

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API3USDT.P trade ideas

API3 buy setupThe large API3 structure is Boolean. Meta-targets can move by maintaining the swap range. The swap zone overlaps with the previous BOS zone, creating a strong zone. Closing a 4-hour candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
API3/USDT Back test on demand, Indicating Continue the upward!💎API3 has recently exhibited significant market dynamics. Currently, API3 is potentially undergoing a backtest on the demand area, which was previously the key supply area. 💎 If API3 manages to bounce at this demand zone, there's a probability of continuing its upward trajectory and reaching our target area. 💎 However, if API3 fails to bounce and instead consolidates in this region, it could be interpreted as a bearish sign, indicating a potential breakdown. In such a scenario, API3 may face further downside pressure, with the next significant level of support being at the support area. 💎 Upon reaching the support area, API3 must bounce and reclaim the price above the demand zone if it intends to resume its upward movement toward the strong resistance level. Failure to do so could confirm a shift to a bearish trend, resulting in continued downward movement, potentially pushing the price further down.
by MyCryptoParadise_Nathan
3
API3 can 1400% in 2024, time to buy?API3 is breaking out of the falling wedge pattern on the weekly chart, which is a great sign of strength. We can see that the corrective Elliott Wave pattern WXYXZ is complete, and we are starting a brand new uptrend to an all-time high. I believe 2024 will be very bullish for this coin, so it is better to buy now when the price is still cheap. We must also look at the volume indicator. We can see that the bullish volume is much higher than the bearish volume, which gives us confidence in this trade. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. 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.” The whitepaper for API3 was unveiled in September 2020 and set out the main problem that’s associated with APIs at present: connectivity. At present, there’s no way for smart contracts to establish a direct connection with APIs for the latest data — and this has led to an explosion in the popularity of oracles. Although this has helped solve the problem to some extent, the industry has since been grappling with the “Blockchain Oracle Problem.” Oracles are a form of middleware that sit in between APIs and smart contracts — increasing costs and centralization. API3 intends to get around this problem by enabling API providers to operate their very own nodes. API3’s token went live at the start of December following on from a token sale that generated tens of millions of dollars. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
21