Lost strong support daily level between 1000-940 sat
This area bulls lost it after defend it multiple times before
And now turned resistance
And we can see one green daily candel in the weekly support level
If the price mangaged to break the resistance and become over previous support again this will be agood idea to buy
Otherwise if the price lost the...
AirSwap (ASTBTC) has been consolidating strongly above all EMAs... This one can jump anytime.
We remain strongly bullish on this setup as long as prices are trading above the EMA100 blue line... Falling below this price would change the dynamics of the chart.
Still, the bulls remain strong with any candle close above 0.00000938. Anything lower and the bearish...
Price action moves in a particular Market Structure.
We have three types of Broad Market Structures.
1 - Breakout 2 - Channels 3- Trading Range
1 - Breakout
Every Trend starts with a Breakout. Every Trend ends with a Failed Breakout. Breakout is the Strongest type of Trend.
2 - Channels
Trend is contained in a Channel. Pullback in channels categorises it in...
ASTBTC had a breakout after triple consolidation. We are waiting for a pullback and According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure...
Break of the trend line, possibly growing
1 - 0.00001416
2 - 0.00001545
3 - 0.00001695
4 - 0.00002190
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If you zoom in on the chart below, you will see the last target...
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As you can see in the first, price crosses up successively EMA200(blue line) and EMA300(pink line)
After that,back test on EMA200,EMA300 And now by going through MA10(white line) we can see
bulls are taking control.
price retraced to 61.8 fibo level and should expand to 161.8 fibo extension
Let's take a look at AirSwap (ASTBTC) and how it is behaving around the EMA lines.
First, we saw ASTBTC break above EMA50, quickly followed by a test of this level as support.
Second, we saw ASTBTC break above EMA100, quickly followed by a test of this level as support.
Now, we have prices consolidating strong above EMA10, EMA50, and EMA100...
We have here a kind of double bottom pattern called Adam&Eve
because first bottom is narrow and second is wide
This pattern attributed to Thomas Bulkowski, which about this
published his book's named "Encyclopedia of Chart Patterns,"
As you see RSI in strong bullish action and passed from 50 line
and now in 55.
MACD progressively bullish and starting to grow...
Airswap has been in a downward trend since late august. It has now fallen more than 50% below its all time high.
It looks to be forming a large descending wedge, which are typically bullish formations, but the market is quite volatile right now.
It briefly tried to break to the upside a few days ago but was immediately pushed down. A large move should be...
Buy on 4 hour chart
Buy on 7h chart
Sell on 2 day chart (can start a trend reversal)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
-AirSwap is testing previous support area for potential Double bottom reversal
-If AST can hold the current level and see a breakout of the resistance trendline
-It will signal a strong reversal in the midterm and may target up to 2100 sat
-But if the market price failed to hold, it will likely to test previous resistance at 992 sat
ASTBTC is now breacking bullish after a higher low.
This pair here is looking really good and has lots of potential for additional growth
We have increasing volume while pries move back above EMA10, EMA50 where EMA 100 held support perfectly.
MACD is slowing improving so it might take some more days before AST moves up.