API3 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...
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...
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...
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...
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...
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
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
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 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...
Hey 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...
Not 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...
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...
Out of the 8 ascending triangle patterns I have seen over the last 3 years, not one has failed me. Price increase above $6.1USD incoming (most likely in Jan). Could also be an early signal that Bitcoin will do the same.
Most 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.
![API3USDT: [23/01/2022] API3 is it going bullish ?](https://s3.tradingview.com/i/IKVWv2t7_mid.png "[23/01/2022] API3 is it going bullish ?")
