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Swarmsbtc

SWARMS Breaks Out of Descending ChannelSWARMSUSDT has been trading within a descending channel since February, with price consistently respecting both the upper resistance and lower support trendlines. Recently, the market broke above the channel’s resistance with a strong bullish candle, backed by a noticeable increase in buying volume. Once the breakout confirms, we can expect a 150%- 500% move in the coming weeks. Resistance 1: $0.040 Resistance 2: $0.075 Resistance 3: $0.16 Support level: $0.017 Cheers Hexa
Long
by HexaTrades
Short opportunity for SWARMS (8H)The correction of SWARM has started from the point where we placed the red arrow on the chart. It appears that wave B has just completed, and the price is currently forming a pivot for another drop. We expect to enter wave C soon, with the price moving towards the targets. The closure of a daily candle above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
2