After a double top pattern creation in September, SWT was on a correction for sometime. It seems an upward reversal trend is in creation for now and is waiting for a breakout confirmation. If it is confirmed it can construct a 5 wave elliotts wave. RSI is at 57 and 50EMA is under the price. If volume can continue like this we might see a good short term profit....
Buy range : 15-20k satoshi
Stoploss : 12k sats
1st target : 27k satoshi
2nd target : 35k satoshi
3rd target : 50k satoshi
final target : 60k satoshi
You can sell or hold according to these targets .
Fundamentals : strong decentralized project , active team , hovering near all time lows , extremly undervalued .
I've had my eye on SWTBTC since December, but I haven't given it a diligent analysis until the past couple of days. Looking at the charts, it is clear that SWTBTC is in a consolidation period since the high point seen on January 21st. Since then, we've seen several repeating triangle patterns, each one smaller than the last. Well, it looks like that trend is...
Wish you a happy new day and happy
Today we would like to introduce the opportunity and ability to profit up to 800% in 6 potential months with $ SWT
As you can see, $ SWT is now ending the long-term downtrend, in the short term the $ SWT is continuously establishing very strong support and resistance levels. We call $ SWT a drowsy girl who is in hibernation...
Looking at SWT/BTC on a larger time frame it has finished a MASSIVE downtrend in the form a likely ABC correction. This means we are almost certainly in wave 1 of what is likely a larger Elliot wave cycle. The impulse wave up has reached what is likely sub-wave 4 so we can expect another run up (sub-wave 5) where I am targeting 0.786 fib extension. We can then...
Here we have a great opportunity to cash in on a long trade. In my opinion this one will bull flag again. So you can hold onto it for several weeks. Join our facebook group here to discuss the free trades: www.facebook.com
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SWT is on a very good upper trend.
It is very possible that SWT will retrace back to 3500s due to BTC bearish mode
Best entry 3500 - 4000
Targets in chart.
Disclaimer. This is not intended to give any financial advice, but to offer an educational reference
Here is a coin with huge potential, with every single requirement for our classic trades; extremely profitable yet very low risk trades. Let's start with the weekly chart, from all the way back to March 2017 until today, January 24th 2018, see what it looks like:
*** Swarm City Token (SWT) Trade Analysis by Alan...
It really looks that SWARM CITY TOKEN started a new market cycle.
We broke 1d cloud and we are currently back in it, but we are trading above 12h and 6h cloud.
1h looks good
6h seems to reverse
1h,4h looks good
6h seems to reverse
It seems we are at step 2 from current Elliot Wave set.
I bought some now,...
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 50000, 70000 and 150000 sats. Correlate your entry/exit with $BTC movements or coin’s updates, news, announcements, etc.