Fundamentally #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.
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.