SwiftCoin Accumulation
SWFT looks to be accumulating and holding its own above the AVWAP. Decreasing spread with demand tests at the symmetrical confluence usually means a markup is on the books. Let's see what happens here. I'm jumping in with a low-dollar preliminary just in case and will feed the position if it runs. Best case scenario is it runs to the 1 Fibonacci, then retraces back into TR to raid the stops so I can juice the pullback. This is what I teach my group. By that point it will have proven itself.
Not financial advice.
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Not financial advice.
Have fun, stay safe in the markets!
Like making money trading crypto? Be sure to subscribe and never miss another swing chart!
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