Airswap-BTC WEDGE

Updated
Greetings,
on the weekly schedule Airswap ( AST ) coin. After testing the bottom in June, the coin has grown by 1600%. Then the dump is 85%. At the moment, the price of a fairly strong support zone 425-450 Satoshi.
Technically, the coin formed a falling wedge pattern, at the moment there are attempts to break it down, as well as on the weekly chart we can see two green dodges with a small candle body, which indicate a possible reversal of the movement.
Do not ignore the red scenario, when the price breaks down to the local bottom 170-200 Satoshi. In this case, the trading logic is the same for a wedge breakdown. Targets in the development of the upward movement 850, 1480, 2400.
Stop Loss according to your trading system, and risk management.

Always use Stop Loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
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Note
snapshot +95% of wedge breakdown
Note
snapshot AST 190% from the breakdown of the wedge. Price is currently moving in an uptrend. A symmetrical triangle has locally formed and broken through. Potential for further price movement through the levels.
Note
snapshot #AST from triangle breakdown 150%. From the first entry point of the wedge breakdown +370%. A wedge has now formed (breakdown of the local downtrend trend)
airswapaltcoinsASTBitcoin (Cryptocurrency)Support and ResistanceTrend Analysis

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