Hello Traders,
As you can see in Daily time frame, Swerve ( OKEX:SWRVUSDT ) is forming inverse head & shoulders pattern. If this pattern plays out then we can expect around 300% profit, because it is good to exit near $1 as it is psychologically important price.
Remember this is a higher time frame trade and SWRV may take weeks for breakout, be patient.
Also...
SWRVBUSD trade will go up from predicted entry point $0.3 level back towards 5X growth which will be $2.7 level to complete inverted head and shoulders.
ANALYSIS 🔎
- SWRV/BUSD has been on an uptrend since 20th July 2021.
- The market hit a swing high and retraced.
- Price is retesting the flip horizontal support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- There's an uptrend continuation potential from this zone.
BUY ENTRY ⬆️
-...
Friends who want to make a good profit
Instead of shopping at the peak
They have to buy on the floor
I think this currency has good potential for growth
I like to use and profit
you also use this position
Goals specified for
Hi traders,
as we see, the market is hot and we want to take as much as possible while its running.
YFI just broke out a big bullish pennant and retest 2 times. The rest is just UP UP UP.
YFII, BEL and SWRV have the same kind of structure : just woke up from their bottom and beginning their first Signal of Strenght (SOS).
This SOS will make them get that...
I Really think that SWRV is fully retraced and ready to do its move from here. Hopefully Closing today above the blue line.
If it breaks and flips. it can do a mega pump IMO.
