Swash - Breaking out! Record volume + Base
- We have an amazing bullish rectangle pattern on the daily chart that is currently breaking out!
- If we take a look at the volume indicator, we can see that bullish volume is now the highest during this breakout.
- You can buy SWASH right now, because the structure is already broken and the price can basically explode anytime soon. This is definitely a great buying setup.
- Price is above all previous trendlines and also above the key 200 MA on the daily chart, which is also a great sign.
- As per my Elliott Wave analysis, an impulse wave has been completed and I expect an ABC retracement to the upside.
- I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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