Swipe to $7.20

Following a correction of almost 90% since Mid-August and oversold condition (orange column) there is now an ‘incredible buy’ opportunity.

On the above 1-day chart price action has confirmed a regular bullish divergence between price action and the oscillators together with increased volume = very bullish.

1st target $3.05

2nd target $7.20

This trade remains valid from price action remaining above 73 cents.

تم فتح الصفقة:

The weekly chart printed a new candle with the close of last week, a Dragonfly DOJI. The length of the tail with little to no shadow above tells us we're about to see an impressive move to the upside.

If you're holding this token, be happy ;)

تم فتح الصفقة:

The power of a weekly DOJI candle - never never ignore.

تعليق:

Double Dragonfly DOJI candles on the 9-day chart... crazy weeks ahead.

تعليق:

10-day chart below prints a new candle - what a chart - almost tempted to take a position, but then that would mean studying more charts than I'm comfortable with.

What's going on here? On the 10-day chart the green line is the 21-week / 150 day moving average. Price action finds support on the moving average with a long tail below. Holders of Swipe are likely to see some strong upside in the weeks ahead.

تعليق:

The next resistance is @ $2.10 or 50% from current price action.

تعليق:

2nd target update. After a period of study I'm reasonably confident in updating the original $7.20 target to $17.20. Which would take Swipe market capital to just over $1billion, not unreasonable in the scheme of things.

تعليق:

Making nice progress - expecting some resistance around $2.15 mark. *Expecting* does not equal *There will be* :)

تعليق:

Arrived at the $2.15. What happens now?

Like every alt-coin that has approached the upper band of the pi-cycle we've seen sideways action until it breaks though and tests as support.

تعليق:

Looks like price action is going to visit the $1.50 area before continuing the uptrend

تم فتح الصفقة:

1st target reached. Almost 300% in a little over 30 days.

تعليق:

Look for support around $1.30 during this sell off in the market before price action continues the upward trend.

تعليق:

Not liking the look of the recently printed 2-week candle, which suggests a visit back down to the $1.30 - $1.50 region.

تم فتح الصفقة:

Weekly candle closed above the previous high - now a straight run to the 2nd target $7.20

تم فتح الصفقة:

Move to 2nd target, $7.20, will now follow.

تعليق:

Blue skies ahead. Price action moves past previous all time high. 600% return so far and no more resistance. All we can go now is watch the trend to determine overbought condition.

تم فتح الصفقة:

Hidden bullish divergence

تم فتح الصفقة:

Expecting the next leg up to take price action to target as the 10-day chart below resolves the current accumulation pattern.

The Binance version of Compound is paying almost 20% for Swipe token holders at the moment. Gain setting = moon.

strike.org/

تم فتح الصفقة:

Monthly Dragonfly DOJI printed last month.

تم فتح الصفقة

تم فتح الصفقة:

That's a weekly candle you want to see

تم فتح الصفقة:

Target update, now $27.

I'm not in this trade so ask for updates below if you would like!

تم فتح الصفقة:

Thought I updated this one, I know someone already asked below, seems it was forgotten. There was a 'incredible buy' signal around $1.50 last week.

Keep pestering me below for updates, if I'm not in a trade I'm generally quite tardy about keeping the idea up to date.

تعليق:

PS: if you want to use my indicators then use the BTC address below and a memo of your Trading view name.