SWT Buy Oppertunity
Updated
SWT is looking really good. I've seen this a bit late but the entry price at the moment is still great. Currently sitting just above the support line, it has also recently broken ichimoku resistance, and confirmed it as support. The MACD has been showing bullish divergence since the start of August, signalling to me that SWT is about to do what a lot of alts are in the middle of at the moment. There's also been a lot of buy volume recently as we can see with the large green volume candles, as well as the run up on the OBV. Looking a really solid buy, and if we can break through and confirm support on the 48k sat support/resistance line, then i'm confident we can reach 80k sats and set it as our first target. Once this hits, we can reassess
The first/last run started the exact same way. Bounce from 9k sats, reject a 48k sat break and then bounce from 25k sat support
The first/last run started the exact same way. Bounce from 9k sats, reject a 48k sat break and then bounce from 25k sat support
Note
Bounced off support nicely and has since broken through the first resistance. Wait for the candle to close. Looking like we should hit 80k soon enough if we can close above 48k
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