API3 / Tether
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API3 - An EASY 2X?

327
API3 price is resting slightly above support at the bottom of a multi-month consolidation channel. But this isn't purely a TA play...API3 will be launching a new product (Amberdata Beacons) at ETHdenver...which will have over 3,000 devs... and is only 2 weeks or so away!

As one of the only credible competitors to Chainlink, and with meaningful partnership and integration with Boba Network, this seems to be both a solid short term trading opportunity and long term investment.

Am I wrong or right? Why? Add some more info in the comments.
Nota
Took profits at Take Profit 1 before the dip back down... Although price is nearing support + purchase zone again, I am not adding more to the position due to geopolitical turmoil.

Penafian

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