API3 looks extremely bullish after a 183% run in a week!
We are now in a descending triangle, but the indicators are keen to curve up and go higher! We have a resistance at $4.6 which may keep us down for a while, but I expect us to exceed this level in the future.
If we are to correct further down, then $3 is a good support level, as it is previous resistance turned support. You can also explore buy opportunities in this area for longs.
I don't see us going lower than $3 unless the whole market tanks, which is unlikely.
Keep a close eye on this coin as it can provide excellent returns.
Like and follow if you liked this idea!
We are now in a descending triangle, but the indicators are keen to curve up and go higher! We have a resistance at $4.6 which may keep us down for a while, but I expect us to exceed this level in the future.
If we are to correct further down, then $3 is a good support level, as it is previous resistance turned support. You can also explore buy opportunities in this area for longs.
I don't see us going lower than $3 unless the whole market tanks, which is unlikely.
Keep a close eye on this coin as it can provide excellent returns.
Like and follow if you liked this idea!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 7,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
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🔹 Real trades & wins explained
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Likes and follows appreciated! 🚀
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