Swoop6

Swoop6

Many market participants have that ''can't lose'' mentality again and it's quite obvious markets have been running hard for a while now - I've made this idea using monthly pivots and action/reaction lines which could be hinting at we're forming an important high and there is a possibility of a reversal looming - It's quite difficult to scream top yet because we...

Swoop6

This has been a tricky one trending down forever it feels but I'm still of the belief it will have a very large pump in the future so we remain patient.

Swoop6

Yep most ppl think this is dead (they may be right but who cares) - Chart is looking spicy for a huge parabolic move...send it.

Swoop6

Not many projects in this space that have real exposure to a mega trend and are uniquely positioned to capitalize enormously like this one, I have a feeling in the coming years this will be in the hundreds of billions market cap and only then it will become obvious why.

Swoop6 Updated 

One of CTs favourite shilled memecoins...yep probably in the bagholder phase where all the wild targets are being thrown around on a massive bull trap...Q the free fall.

Swoop6

That's right we're probably at the start of a huge alt season while the majority are trembling in their boots and fleeing like noobs...I'm busy buying...Why? Because I'm better duh lol.

Swoop6

Many are panic selling here and running from the market...that's some noob behaviour if you ask me - there are a lot of confluences here to say this correction ends soon - and this is most likely another great buying opportunity that the majority will fumble.

Swoop6 Updated 

So structure wise we've now seen 5 waves down and it's possible that our C wave is completing here - I see this as a decent time to get some exposure if you have none as this may be forming a bottom soon.

Swoop6

I believe what we're currently seeing is capitulation on many alts and this is a buying opp - huge shake outs are common right before alt season really starts.

Swoop6

Ok So I don't rate this very likely at all but the future is quite unpredictable and this coin is totally written off/hated - People tend to not believe things until they happen.

Swoop6

Many ways to derive targets here regardless what you use it's obvious this is going down.

Swoop6

Harmonic patterns to da rescue for da noobs - it's easy as 123 abcD...This Bat is no doubt heading towards the power lines and won't make it out alive.

Swoop6

Low Risk High Reward setup here...I've had to spell it out in so many ways I guess...but anyway thar she blows I think.

Swoop6

The time has come for the music to stop for kaspa - Expecting this to enter a long corrective phase...damp it.

Swoop6

Like many alts I think they have put in major cycle tops and we're at the start of a nasty deep correction - this will go down as one of the slickest bull traps ever.

Swoop6

Many ppl love this coin and CT shills it super hard - I can see potential here that 5 waves have been completed and we're at the beginning of a massive correction.

Swoop6

Plotting what I think may be the corrective bear targets - Structure wise it's difficult to say a bottom is currently in after retracing so much of our previous leg - hence why my bias has shifted thinking we have not finished correcting.

Swoop6

Could be forming a massive bull trap here - yes our initial dive is quite large and could be perceived to be a bottom but my bias has changed recently and I'm entertaining this possibility.