swarms / USDT
Updated

SWARM looks bearish (4H)

585
It appears to be forming a diamond-shaped diametric pattern and is currently in wave E of this diametric.

The main supply zone has been marked on the chart.

Wave E is expected to drop to the lower areas.

A daily candle closing above the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
It was analyzed at the price of 0.15601 and has dropped by more than 48% so far.
snapshot

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