API3 - Will it retrace ?

2024年8月6日

#API3/USDT #Analysis
Description
---------------------------------------------------------------
+ Price had significant retracement from 4.8 to 1.08 with -76% crash from recent high
+ it is trading around the local support zone and we are seeing significant retrace from the crash.
+ If this support holds then we can expect a sharp bounce back from the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 1.415620298
Stop Loss: 1.009165284
------------------------------
Target 1: 1.7841
Target 2: 2.3682
Target 3: 3.3682
Target 4: 4.9078
Target 5: 9.1698
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo

2024年8月7日

注释

Price has reached the support level.