Bitrageur

API3 broke out of downtrend

Long
Bitrageur Updated   
A bit late to the party, but it is nowhere near over from what I see.
Clear above the downtrend, the next two areas of significant resistance are marked by the red dotted line.
A retrace is not out of the equation, a pull back to test the S/R flip would give more opportunity to buy. Stop losses are for reference only, not hard stop.
Trade closed: target reached:
Traget at 3.2 hit. Looking at the current market conditions , unlikely we reach for the second target in coming few week. Close trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.