Symbol: SwapUsd
Pattern: Rounding bottom
Neckline: $2
Current price: $1.5
Entry: If price closes > $2 (Breakout above neckline
or enter on retest of neckline as new support)
Measured Move: $2-$3 (up to 50%)
Stop Loss: If price falls back inside rounded bottom
Fundamental reasons:
1. Avalanche network partnership with Trustswap as trusted benchmark crypto incubator on their network. Launching by April 25.
2. last week, Coinmarketcap approach Trustswap to add as a 1# lauchpad category and their launchpad list.
3. They have just spent ton of money for popular crypto youtuber to covering Trustswap in the next 2-4weeks. A...
Reason: Interesting updates/target before april
1. BinanceSmartChain integration on staking,, soon will having new liquidity from BSC DeX or binance exchange? btw also being multi chain with Avalanche & Algorand.
2. Launchpad Farming Pools product, do you familiar with pancakeswap?, it will help remove $SWAP from the circulating supply, increasing its scarcity....
Let's celebrate that $SWAP is now on @tradingview with a little bit of TA, shall we?
It broke out of the pennant. Currently (hopefully) retesting that same level where it broke out.
First target: $0.8.
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#SWAP #SWAPUSDT
@TrustSwap
