Pullback is the time to join the race | Long BiasChart 4H TF
BINANCE:API3USDT has broken and closed above resistance at 1.14
Now, it's pulling back and trading to 1.124 now
API3 has support around 1.07 this level is supported by ascending trend line begin from 0.83
Besides, API3 has Fair Value Gap around 1.1
Wait for next move
API3USDT.P trade ideas
API3USDTAPI3USDT has started new bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 1.12
API3 LONG SIGNAL 30MINHello dear traders
In api3 currency, we can look for long positions in 15 and 30 minute time frames.
The formed pivot has good credibility and even though the trade is in the opposite direction, there is a possibility that the price will grow.
Thank you for your support
Be profitable and happy
API3USDT analyzing the Potential Upsurge🚀🚀Analyzing the Potential Upsurge of API3USDT:
API3USDT, currently priced at $1.068, exhibits several indicators that suggest the possibility of an upward trajectory in its value.
1. Steady Price Growth**: Over the past few weeks, API3USDT has demonstrated a consistent pattern of price growth. This steady increase in value can be indicative of growing demand and positive sentiment among investors.
2. Support at Key Levels**: Technical analysis reveals that API3USDT has found support at key price levels, which has prevented it from significant declines. This support suggests that there is strong buying interest at these levels, reinforcing the bullish outlook.
3. Trading Volume**: An increase in trading volume often precedes significant price movements. If API3USDT experiences a surge in trading volume alongside its price increase, it may signal a more substantial rally.
4. Positive News and Developments**: Positive news surrounding the project, such as partnerships, technological advancements, or adoption in the blockchain space, can be a catalyst for price appreciation. Staying informed about recent developments in the API3 ecosystem is crucial.
5. Market Sentiment**: Monitoring social media channels and cryptocurrency forums for sentiment analysis can provide insights into how the community perceives API3USDT. Positive sentiment can fuel buying interest and drive prices higher.
6. Resilience to Market Volatility**: API3USDT's ability to maintain its value during periods of market volatility can be a positive sign. It suggests that the coin has strong fundamentals and a dedicated investor base.
API3usdtAPI3 long position.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions
API3USDT There is only one scenario that will happen out of the BINANCE:API3USDT
after we analyzed the currency and said that the price will fall exactly what we said before happened.
now After the currency fell to the 0.618 Fibonacci level it was a good support area, and then the price returned to the 0.5 area and retested it.
Now There is only one scenario that will happen out of the two :
Scenario 1: If the price corrects above the 0.5 area, the price will rise to the 0 area or more until the -0.272 area.
Scenario 2 If the price could not stabilize above the 0.5 area and corrected below it, the price will drop 1 Fibonacci level or a little higher, but the likely one is 1 Fibonacci because it is a previous demand area
API3 retest below 0.9?Hello friends, I don't know what the condition of BTC will be and whether we will really test lower levels and GAP around 22-20k, however if so I expect something similar with API3.
It's clean, SL above breakout and profit in two parts + be patient.
Of course, I'll explain the situation you described in English.
An ascending triangle is a technical analysis pattern used in trading various assets, including cryptocurrencies. It consists of two trendlines: one is a diagonal trendline connecting the highs of price points, and the other is a horizontal level representing a certain resistance or support.
The drop in the price of the API3 cryptocurrency from the ascending triangle and the subsequent testing of the ascending trendline can have a few implications:
Breakout of the Ascending Triangle: A drop in price outside the triangle pattern can signal weakening demand or a change in trend. If the price of the API3 cryptocurrency fell below the lower diagonal line of the triangle, some traders might believe that the ascending trend has been disrupted and a price decline might follow.
Testing the Ascending Trendline: After breaking out of the ascending triangle, the price might attempt to test the previously diagonal trendline as a new resistance level. This is a common scenario; if the price doesn't stay above this line, it could confirm that the earlier upward trend has been broken.
Expectation of Price Decline: From your explanation, it seems you expect the value of the API3 cryptocurrency to decrease. This expectation could be based on technical analysis, where you observed the breakout from the ascending triangle and the subsequent testing of the ascending trendline. This might suggest that the market lacks the strength to sustain the price at a higher level and a decline could follow.
API3/USDT Potential Upward Movement to Take a Bearish OB ??Hello Paradisers, One to Watch Potential coin!
💎After encountering resistance at a pivotal support zone, API3 seems poised for a rebound toward the Bearish Order Block.
💎Historical data shows that API3 has previously experienced significant gains after touching this key support, followed by a sharp decline upon hitting a strong supply zone. The presence of substantial accumulation at this support level suggests that history could repeat itself.
💎However, if API3 fails to hold its ground at this crucial support, the scenario could be invalidated, potentially leading to a new lower low.
API3USDT wants a new Bullish leg?Within the context of the API3USDT trading pair, an intriguing development has unfolded with the breakout from the descending channel. This breakout signifies a potential shift in market sentiment and can mark the end of the preceding downtrend. This development is particularly noteworthy as it aligns with Plancton's trading rules, which emphasizes the importance of trading based on confirmed breakouts.
Furthermore, it is anticipated that the price might seize the opportunity to capture new liquidity from the 0.618 Fibonacci level, located around the $0.96 area. In this scenario, Plancton's rules suggest the potential for a new long position.
To align with Plancton's approach, traders are advised to consider the following:
Confirmation: Confirm that the breakout from the descending channel is sustained and substantiated by observing whether the price remains above the breakout level and if there is notable volume supporting the move.
Fibonacci Level: Recognize the significance of the 0.618 Fibonacci level as a potential area for liquidity accumulation. Fibonacci retracement levels often serve as significant points of interest for traders.
Technical Indicators: Employ relevant technical indicators to gauge the strength of the breakout and the potential upward momentum. Moving averages, oscillators, and trend confirmation tools can provide insights in this regard.
Risk Management: Implement effective risk management strategies, including setting stop-loss levels and determining appropriate position sizes. This is vital to manage potential losses in case the market doesn't move as expected.
Market Context: Consider the broader market context, news developments, and potential factors that might influence the price of API3USDT.
Patience: Exercise patience and wait for a robust confirmation before initiating a long trade. This helps avoid falling victim to potential false signals.
In summary, the API3USDT trading pair has experienced a breakout from the descending channel, a move that aligns with Plancton's trading rules. The notion of capturing new liquidity from the 0.618 Fibonacci level around $0.96 adds a layer of potential opportunity. However, meticulous analysis, adherence to Plancton's rules, and prudent risk management remain paramount for making informed and calculated trading decisions.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
API3usdtAPI3usdt waiting for correction. possible long entry position.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
API3 Buy Trade.Here is My Study On API3.
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