Following a correction of almost 90% since Mid-August and oversold condition (orange column) there is now an ‘incredible buy’ opportunity.
On the above 1-day chart price action has confirmed a regular bullish divergence between price action and the oscillators together with increased volume = very bullish.
1st target $3.05
2nd target $7.20
This trade remains valid from price action remaining above 73 cents.
On the above 1-day chart price action has confirmed a regular bullish divergence between price action and the oscillators together with increased volume = very bullish.
1st target $3.05
2nd target $7.20
This trade remains valid from price action remaining above 73 cents.
Trade attivo
The power of a weekly DOJI candle - never never ignore.Nota
10-day chart below prints a new candle - what a chart - almost tempted to take a position, but then that would mean studying more charts than I'm comfortable with.What's going on here? On the 10-day chart the green line is the 21-week / 150 day moving average. Price action finds support on the moving average with a long tail below. Holders of Swipe are likely to see some strong upside in the weeks ahead.
Nota
2nd target update. After a period of study I'm reasonably confident in updating the original $7.20 target to $17.20. Which would take Swipe market capital to just over $1billion, not unreasonable in the scheme of things.Trade attivo
Expecting the next leg up to take price action to target as the 10-day chart below resolves the current accumulation pattern.The Binance version of Compound is paying almost 20% for Swipe token holders at the moment. Gain setting = moon.
strike.org/
Trade attivo
Nota
PS: if you want to use my indicators then use the BTC address below and a memo of your Trading view name.BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.