As DEXes trading volume approach or even exceed that of centralized exchanges, speculators are pushing up the price of DEX tokens.
AirSwap has the market cap of around 35 millions and is a speculative DEX token that has a lot of upside potential.
Long now or wait until the weekly S/R lvl is successfully retested.
We can see that an impulsive bullish move was just formed, as well as the bearish corrective wave. This structure will probably follow the rules of the five wave Elliot structure. That means that we are expecting a bullish impulsive move written as wave 3 as soon as the wave 2 that is a bearish correction ends. Waiting for an indication of a bullish action, then...
#AST $AST/USD #airswap daily
Range .023 - .082
resistance test at mean ~ .040
btc macro trend uncertain
VOL ATR - LONG
RSI MACD normal
next resistance up .040 and then target .082
support at .023
possible tripple bottom
long term long
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