Again the potential uptrend of BISWAP or maybe PUMPHello again everyone, I hope you are well and I gave you my opinion based on the price of BSWUSDT in the chart.
The large hidden divergence in (D) TF and the uptrend has not yet broken.
I think the price might be 37-50 or even higher
And I hope this helps you! Simple, concise, useful
Best Regards
BINANCE:BSWUSDT
Bswusdtlong
BSW/USDT - Biswap: Trend_Reversal◳◱ Hey traders, A Trend Reversal has been identified on the $BSW / CRYPTOCAP:USDT chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.0892 | 0.0933 | 0.1008, while the main support levels can be found at 0.0817 | 0.0783 | 0.0708. Consider buying at the current price of 0.0881 and benefiting from the trend continuation.
◰◲ General info :
▣ Name: Biswap
▣ Rank: 443
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Mexc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0881 ₮
▣ 24HVol: 557,474.218 ₮
▣ 24H Chng: 4.632%
▣ 7-Days Chng: 3.38%
▣ 1-Month Chng: -29.17%
▣ 3-Months Chng: -53.10%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0892 | 0.0933 | 0.1008
◢ Support: 0.0817 | 0.0783 | 0.0708
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -6.61
▣ Last 90D: -5.51
▣ Last 1-Y: -1.79
▣ Last 3-Y: -0.77
◲◰ Volatility :
▣ Last 30D: 0.72
▣ Last 90D: 0.58
▣ Last 1-Y: 0.65
▣ Last 3-Y: 1.47
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BSWUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
BSWUSDT: Elliott Waves Intraday TradingTrade plan for BSWUSDT from my basket of investment decisions.
On BSWUSDT, a correction has been formed in the assumed wave 4 and momentum has already started to form in wave 1 of wave 5 (in wave C of wave 4).
I have already opened a long position and plan to increase volume in case of further growth.
All in all, the current situation allows me to plan an excellent trade with a risk to profit ratio of 1:5.
In case of successful development of the situation and completion of wave 5 above $0.42 level I plan to look for the point to open a short position with the purpose to gain profit in case of price decrease to $0.22 level.
Best Regards,
CEO Tornado Capital