An excellent situation at API3.
I have taken a long position, waiting for the bullish rally to continue.
Overall, the structure looks very encouraging.
A strong bullish momentum was formed earlier as part of wave 1 or A, followed by an ABC correction pattern.
The price may already be in a strong growth impulse in a large wave 3 or C.
Bullish rally cancellation level is located at $2.03.
With continued growth, API3 could reach at least the $3.5 level.
I have taken a long position, waiting for the bullish rally to continue.
Overall, the structure looks very encouraging.
A strong bullish momentum was formed earlier as part of wave 1 or A, followed by an ABC correction pattern.
The price may already be in a strong growth impulse in a large wave 3 or C.
Bullish rally cancellation level is located at $2.03.
With continued growth, API3 could reach at least the $3.5 level.