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
The asset has now gained great bullish momentum while violating R1 prior to its breakout.
API3 to BTC also holding a bullish guard for a swing.
For BTC volatility on Alts check the domination frequency chart below
API3 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...
API3 formed a nice symmetrical triangle and successfully breakout two days ago. API3 currently testing the support line and I hope for a successful bounce. If that happens I want the price to exceed the previous high to be completely sure in this trade. Price target from this breakout is at around 15,80$. Let's see if that will happen
Looking to short at current prices and up to the red box...anything past red box I STOP LOSS:
Hope to short it to the green boxes...once a price reaches a box and passes it...the remainder of my position will have a stop loss/take profit since at any moment API could spike
API3 appearing to find support on well correlated uptrend.
Anticipating support at -2 standard deviations (SD) below regression trend mean to hold.
Watching for either a mean reversion, break above, and retest for bullish confirmation or break below -2 SD for exit.
Currently price action is ranging between $4.75 resistance corresponding well...
They're heroes in a halfshell, and they're green.
When the evil shredder attacks, these turtle boys don't cut 'im no slack.
LINKies are cool but rude
API3 is a PARTY DUDE!!! TURTLE POWER.
With staking launched and a break out of the long turtle shell of death, I see good things coming. There is a big overhead volume node at 3.85 but breaking that it will zoom...