Technical analysis by MasterAnanda about Symbol API3: Buy recommendation (5/5/2025)

MasterAnanda

Let me explain why this is the "perfect short-term trade setup."You know all these Altcoins we've been tracking together they hit bottom last month, 7-April. Here API3USDT hit bottom 11-March 2025 and produced a very strong reaction. It is as if buyers were really ready to rock this one-up.The initial bullish breakout went into retrace which is normal and this retrace ended in a higher low. So 9-April we have a higher low rather than a lower low and this support zone was found above the 3-Feb. low. Which is the session with the long lower shadow on the left.So API3USDT went sideways after the April low—consolidation—and is now turning green. Any bullish action can result in a strong bullish jump. This is why this is the perfect chart setup. The strong reaction in March shows that interest is big for this pair. The higher low in April shows that support has been established and confirmed. Current price action opens the door for an advance any day.The trick is to be patient. Even though it is a perfect chart setup for the short-term it can always take time before the market decides to move. Sometimes, people find a chart like this one and buy up. Prices start to grow naturally but the bots suppress the growth. Excitement dies down and people sell at a loss, but, suppression doesn't mean the end. If you wait patiently after the rush and buy FOMO crow gets out, the pair will still grow anyway. So we buy and hold and let the market take care of the rest. If you are ready to wait 1 week, prepare to wait for 1-2 months. It might sound like a lot but it is good money when you sell high after buying low. The alternative is pocketing a loss and that's a big no-no! It is better to wait and let it ride because the easiest way to win with Crypto is by knowing that the market is wild.It can produce strong swings, it is volatile, it can shake, but, if you hold while you wait strong, profits can be great. No other market pays as much as the Cryptocurrency market, but you have to be able to detach and ignore the inevitable drops that happen. Yes prices drop, but they recover and then the recovery translates into growth. We are now facing the strongest growth phase in many years.Thanks a lot for your support.Namaste.