Swipe to $7.20

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.

Giao dịch đang hoạt động:

The weekly chart printed a new candle with the close of last week, a Dragonfly DOJI. The length of the tail with little to no shadow above tells us we're about to see an impressive move to the upside.

If you're holding this token, be happy ;)

Giao dịch đang hoạt động:

The power of a weekly DOJI candle - never never ignore.

Bình luận:

Double Dragonfly DOJI candles on the 9-day chart... crazy weeks ahead.

Bình luận:

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.

Bình luận:

The next resistance is @ $2.10 or 50% from current price action.

Bình luận:

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.

Bình luận:

Making nice progress - expecting some resistance around $2.15 mark. *Expecting* does not equal *There will be* :)

Bình luận:

Arrived at the $2.15. What happens now?

Like every alt-coin that has approached the upper band of the pi-cycle we've seen sideways action until it breaks though and tests as support.

Bình luận:

Looks like price action is going to visit the $1.50 area before continuing the uptrend

Giao dịch đang hoạt động:

1st target reached. Almost 300% in a little over 30 days.

Bình luận:

Look for support around $1.30 during this sell off in the market before price action continues the upward trend.

Bình luận:

Not liking the look of the recently printed 2-week candle, which suggests a visit back down to the $1.30 - $1.50 region.

Giao dịch đang hoạt động:

Weekly candle closed above the previous high - now a straight run to the 2nd target $7.20

Giao dịch đang hoạt động:

Move to 2nd target, $7.20, will now follow.

Bình luận:

Blue skies ahead. Price action moves past previous all time high. 600% return so far and no more resistance. All we can go now is watch the trend to determine overbought condition.

Giao dịch đang hoạt động:

Hidden bullish divergence

Giao dịch đang hoạt động:

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/

Giao dịch đang hoạt động:

Monthly Dragonfly DOJI printed last month.

Giao dịch đang hoạt động

Giao dịch đang hoạt động:

That's a weekly candle you want to see

Giao dịch đang hoạt động:

Target update, now $27.

I'm not in this trade so ask for updates below if you would like!

Giao dịch đang hoạt động:

Thought I updated this one, I know someone already asked below, seems it was forgotten. There was a 'incredible buy' signal around $1.50 last week.

Keep pestering me below for updates, if I'm not in a trade I'm generally quite tardy about keeping the idea up to date.

Bình luận:

PS: if you want to use my indicators then use the BTC address below and a memo of your Trading view name.