barely touching the lowest possible level, a small leg up should lead to atleast 58. lowest possible at 33. however i am currently bullish as i have bought a small amount. not financial advice.
MoneySwap (MSWAP) is in more than 100 days consolidation and anytime it may give big breakout. I am expecting 300% return after KUCOIN:MSWAPUSDT gives breakout from this long accumulation phase.
Be patient, as it may move side ways for couple of weeks before breakout. Longer is the consolidation/accumulation higher is the breakout.
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This is purely a trade setup; so 100% speculation. But this coin has a pattern of squeezes that result in 100%+ at times.... as a trader you love these kinds of plays. I wont be taking this trade live... but I thought the setup was interesting enough to point out. If you notice the fractal action on the 210 in this sucker it tends to base into the 21 SMA then...
MSWAP looks poised to make a move here. My guess would be that it would me upwards around the .5 fib (30%), but it's a big mover & could go to the .618 (40%). The RSI & MACD indicators both look good on the 4H. As always, use SL in case BTC dumps.
