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Airswapbtc

ASTBTC AirSwap Break Up or Break Down? Airswap has been in a downward trend since late august. It has now fallen more than 50% below its all time high. It looks to be forming a large descending wedge, which are typically bullish formations, but the market is quite volatile right now. It briefly tried to break to the upside a few days ago but was immediately pushed down. A large move should be coming either way very shortly. Red line signifies temporary local support. A daily close below this line and the turquoise will be the next area of interest. Green lines signify potential profit points if it does go bullish. AST has historically made very swift and large moves, so this is high risk/high reward. This is not financial advice.
ALong
by ninjacookies
4
There is a possibility for the beginning of an uptrend in ASTBTCTechnical analysis: . AirSwap/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000540 to 0.00000383). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000540) Ending of entry zone (0.00000383) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000675 TP2= @ 0.00000801 TP3= @ 0.00000892 TP4= @ 0.00001072 TP5= @ 0.00001277 TP6= @ 0.00001517 TP7= @ 0.00001830 TP8= @ 0.00002430 TP9= @ 0.00004033 TP10= Free
ALong
by ForecastCity
4
There is a possibility for the beginning of an uptrend in ASTBTCTechnical analysis: . AirSwap/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000558 to 0.00000383). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000558) Ending of entry zone (0.00000383) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000801 TP2= @ 0.00000892 TP3= @ 0.00001072 TP4= @ 0.00001277 TP5= @ 0.00001517 TP6= @ 0.00001830 TP7= @ 0.00002430 TP8= @ 0.00004033 TP9= @ 0.00006486 TP10= Free
ALong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ASTBTCTechnical analysis: . AirSwap/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000558 to 0.00000383). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000558) Ending of entry zone (0.00000383) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000801 TP2= @ 0.00000892 TP3= @ 0.00001072 TP4= @ 0.00001277 TP5= @ 0.00001517 TP6= @ 0.00001830 TP7= @ 0.00002430 TP8= @ 0.00004033 TP9= @ 0.00006486 TP10= Free
ALong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ASTBTCTechnical analysis: . AirSwap/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000558 to 0.00000383). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000558) Ending of entry zone (0.00000383) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000801 TP2= @ 0.00000892 TP3= @ 0.00001072 TP4= @ 0.00001277 TP5= @ 0.00001517 TP6= @ 0.00001830 TP7= @ 0.00002430 TP8= @ 0.00004033 TP9= @ 0.00006486 TP10= Free
ALong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ASTBTCTechnical analysis: . AirSwap/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000558 to 0.00000383). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000558) Ending of entry zone (0.00000383) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000801 TP2= @ 0.00000892 TP3= @ 0.00001072 TP4= @ 0.00001277 TP5= @ 0.00001517 TP6= @ 0.00001830 TP7= @ 0.00002430 TP8= @ 0.00004033 TP9= @ 0.00006486 TP10= Free
ALong
by ForecastCity
2
ASTBTC Is Ready for another Potential Bullish MoveFlashback: BINANCE:ASTBTC Airswap Recently had Instant v 2.0 Public Beta. We came to see good gains in volume but due to overall bad performance of market and high pressure on BTC AST Couldn't go beyond 873 satoshish however pre event buying and accumulated, RSI remained too high the price touched the price crossed 1178 on just 2 days before the event also keep in mind that we still have a weekly ceiling of 1150 ( Airswap Instant v 2.0 Public Beta) . Current Scenario: The following indicators are favoring ASTBTC bullish trend at the moment. RSI (gradually Increasing) MACD EMA . The chart is quite self explanatory i have highlighted drop-line to bear zone entry with Yellow arrow and Green arrow is representing Bullish trend while black arrows are showing supporting. Sometimes you earn the other times you learn. Play with cautions. This chart is for educational purposes only. Your Feedback is highly appreciated Happy Trading.
ALong
by CognitoBTC