🔸Signal Info: AirSwap Rank: #639 Exchange: Binance Direction: LONG
🔸Analysis: AirSwap token looks to be extremely undervalued right now, coming in at rank 639 by market cap. It has however been seeing increased interest by traders over the last 90 days with the volume spikes as proof of this.
There is a trending line with has been tapped for profits on numerous occasions over this period, and we shall trade the breakout of the local bullish rising wedge pattern for a crossing on this line for a start.
Higher highs, and higher lows bring much confidence in this setup, along with the volume to inspire an entry at such a low price. Stop is set rather tight to re-asset an entry, should the formation break down south.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.