Trader_ph

Analysis: BiSwap(BSW) Breaking Out; Keep an Eye

Trader_ph Updated   
BINANCE:BSWUSDT   BSW / TetherUS
BSW has been consolidating for a while, but now it has done a breakout of the triangle pattern and the 0.236 Fib in the chart, with strong increasing volume. The RSI also did an early breakout. For a successful breakout, we might need to wait for the 1.30$ resistance to be broken(colored in aqua). I'll update this analysis as time passes.
Comment:
BSW completely erased all movement from the breakout candle. This might have happened due to BTC movements
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