$Swap LongTrustswap, long accumulation and reclaiming some key Moving Average'
Increasing volume - price constricting -
Long, tight SL
TP1 @ 15c
Trustswap
TrustSwap - Insane Risk to RewardChart says it all really.
TrustSwap has sound fundamentals. They acquired the Crypto App which has 2m users back in June. Their IDO's should be launching when the bull market is back in full swing and so should the SWAP token.
Also check out the Bollinger Band, getting compressed there too and ready for the next big move up.
Swapusd Rounding Bottom PatternSymbol: SwapUsd
Pattern: Rounding bottom
Neckline: $2
Current price: $1.5
Entry: If price closes > $2 (Breakout above neckline
or enter on retest of neckline as new support)
Measured Move: $2-$3 (up to 50%)
Stop Loss: If price falls back inside rounded bottom
This could get real ugly for TrustSwap Looking like it's going downhill. This could get real ugly. Not entering without a clear bullish signal.
Note: i am a noob
SWAP - easy 100% profit.Swap / USD has been bouncing in this support/resistance channel since Feb 16.
Good opportunity to enter a long position.
I've set my take profit orders at 3.10$ and 4.60$. Stop loss at 1.96$
BullishAscending triangle, continuation pattern setting up.
Confirmation at a sustained break of $4.90
Looking for another leg up.
Watch for the Trustswap breakout. This project is going full steam ahead and is set to make new All time highs soon.
Trustswap $SWAP close up mid term targetFundamental reasons:
1. Avalanche network partnership with Trustswap as trusted benchmark crypto incubator on their network. Launching by April 25.
2. last week, Coinmarketcap approach Trustswap to add as a 1# lauchpad category and their launchpad list.
3. They have just spent ton of money for popular crypto youtuber to covering Trustswap in the next 2-4weeks. A lot of coverage on youtube channel. DYOR on their youtube AMA session.
4 by this April, There are 3 farming pools, 2 more flashlauch & 2 more lauchpad. more farming pool=more SWAP will be out from circulation=see what happen to pancakeswap.
5. according to their medium article, "Mint/smartlauch" will be the first easiest smartcontract tooling to create cryptocurrency/token that is fully audited, fully secure anti rug pull, fully transparent tokenomic, easy to use, fully customizable features aka use cases, no coding knowledge required, but $SWAP is absolutely required. well, let we see by April 29
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
TRUSTSWAP Swap could be my best crypto launchpad token ?Reason: Interesting updates/target before april
1. BinanceSmartChain integration on staking,, soon will having new liquidity from BSC DeX or binance exchange? btw also being multi chain with Avalanche & Algorand.
2. Launchpad Farming Pools product, do you familiar with pancakeswap?, it will help remove $SWAP from the circulating supply, increasing its scarcity.
3. CreamFinance lending&borrowing $SWAP live. it will help remove $SWAP from the circulating supply, increasing its scarcity.
In General:
Trustswap is a launchpad IDO platform that can give a guarantee allocation with certain amount of $SWAP stake, IMO the most secure & fair IDO system compared to Duckdao polkastater etc. DeFi multiple product on its platform & multiple profitable use cases $SWAP token not just for getting IDO allocation. Good scarce tokenomic (100million supply with 80% already in circulation also 50million locked in staking). Their incoming flagship product is called "Mint". DYOR.
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
SWAP (TrustSwap) looking great for uptrend continuationDear Tradingview community,
I'm seeing a nice opportunity here, allow me to explain:
SWAP is experiencing a correction of around 35% from its ATH after a fast parabolic rise of around 300%. The parabolic increase by itself was to be expected and is justified because the fundamentals for this cryptocurrency are extremely with new features being released almost every month (if you don't know the coin, definitely DYOR; trustswap.org).
The token already has multi-dimensional utility and continues to build / progress further.
Anyway, I'm not here to discuss fundamentals, but the technicals which are now also supporting the idea that this token is far from done running up and will continue its rally soon.
What I'm seeing on this chart:
- Found support on the .382 fib
- Price making still making higher lows on the 4h
- RSI making lower lows
- = hidden bullish divergence
- as a cherry on the cake the sellers momentum also seems to weaken on the MACD
Added some yellow lines to clarify what I'm seeing.
All together looks like a very bullish set-up that should take us to new ATHs by end of this month.
Price could still drop to 2.85 imho without invalidating the bullish set-up, but I don't know if it will; I personally think it's more likely that the .382 holds.
Would love to hear your thoughts as this is the first time I publish something on Tradingview, but I found it worthy of sharing.
Happy gains everyone!
Cheers,
Informaxo
$SWAP #SWAP @Trustswap needs to bounce @JeffKirdeikisFundamentally #Trustswap is a very promising project. The token is on sale compared to ATH.
Technically it looks to have entered a descending channel.
September 5th it PERFECTLY bounced of the 4637 level - a level drawn back in mid August.
September 10th it once again got rejected by the lower blue line sending it back down to test the 20-day MA.
Let's HOPE that the 20-day MA holds. If so we should move GREEN. If it doesn't we could move RED and go as low as 3600 (Were we should go All-in).
As I see it it's all up to #Bitcoin. If bitcoin holds current level or moves up, we should go GREEN.
Don't sleep on thisBottomed out for sure. Support confirmed by volume, bullish divergence in play on 2h chart and some new coming soon. x2 from here is so conservative.
