Airswap structure intact. Beginning of price mark up phase
#Custodial-exchanges have taken an irreparable blow in the latest #ftx bank-run.
The answer is peer-to-peer decentralised exchanges that run directly from personal wallets.
#Airswap has finished it's accumulation phase and will now enter it's price mark up phase. This is most evident in the weekly RSI.
I use the RSI to find "outliers" and the RSI averave to identify the trend while the 50 point mark or meridian acts as a barrier.
In the last two years through accumulation AST investors have taken the available supply at these low levels.
Zooming in closer to this week's RSI outlier we can see that it failed to go below the 50 point mark while the trend and structure remain intact.
I expect the mark up phase to take place from now until May 2023 with a double top forming around September of 2023.
Personally I am patientiently awaiting an integration with #Celer's Instant messaging protocol which will give us more options with-in the airswap protocol.
My main price target for AST is $15 USD.
The answer is peer-to-peer decentralised exchanges that run directly from personal wallets.
#Airswap has finished it's accumulation phase and will now enter it's price mark up phase. This is most evident in the weekly RSI.
I use the RSI to find "outliers" and the RSI averave to identify the trend while the 50 point mark or meridian acts as a barrier.
In the last two years through accumulation AST investors have taken the available supply at these low levels.
Zooming in closer to this week's RSI outlier we can see that it failed to go below the 50 point mark while the trend and structure remain intact.
I expect the mark up phase to take place from now until May 2023 with a double top forming around September of 2023.
Personally I am patientiently awaiting an integration with #Celer's Instant messaging protocol which will give us more options with-in the airswap protocol.
My main price target for AST is $15 USD.
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