SWFTCUSD trade ideas
SWFTC looking more bullish to hit our targetFuture getting more bright as it ticks up consecutive green candles to retest our target.
US job report should boost this into a Bullish Friday. Selling point would be near 5pm PT
A breakout above the top parallel is vital to hit our goal.
Lets get this money!!!!
Rising Wedge Pattern For SWFTCoin.... Hidden Ascending Triangle!The rising wedge is a chart pattern used to identify possible reversals.
The pattern appears as an upward-sloping price channel featuring two converging trend lines.
It's usually accompanied by falling trading volume.
Wedges can either form in the rising or falling direction.
A rising wedge is often considered a bearish chart pattern, meaning it indicates a breakout to the downside.
Be careful of a shakeout-fake-out.
It appears as though an Ascending Triangle is hiding in the shadows.
It is very common for whales to accumulate at the bottom of these patterns..
glta
SWFT is showing bullish strength upon breakout of bullish flag!It appears as though the RSI is cooling off and SWFT may consolidate in the .035c-0.030c range before the next leg up....
One thing I have noticed is the price does not consolidate for too long which indicated a whale or two are gobbling up any SWFT they can get their hands on...
Expect a gap up to the top of the ascending channel in the immediate term.
Where are all my Swifties at!!!
If we do see a sell off I dont expect the price to stay in the 0.03c range for very long.
Don't swim against the current, ride the wave & be brave!
Bull Flag breakout for SWFT!!!SWFT appears to be showing bullish strength over these recent months..
Sell offs get gobbled up....
The williams alligator is trending upward which is inherently bullish.
SWFT is consolidating into a bullish flag or bear flag.
The downward sloping resistance has been tested over half a dozen times, the base of the pattern coincides with the previous high...
Price target of 4c in the near term.
SwiftCoin AccumulationSWFT 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.
Have fun, stay safe in the markets!
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Swft CoinChart is clear as day , previous accumulation, resulted in explosion.Bigger bull flag pattern and further accumulation. Company is in early stage partnership with moneygram.Case for this coin is stable swapping and alternative crypto exchange platform.Only worries may be that the market has no love for Chinese platforms.Regardless good movement and convincing pattern