Biswap (BSW)

On the above 3 day chart price action has corrected 95% since early 2022. A number of reasons now exist to consider a long position, including: 1) Price action resistance breakout. 2) Trend reversal. 3) Support and resistance. Price action confirms support on past resistance. 4) There is no chart pattern or otherwise to estimate a target area so don’t ask! However that said the monthly chart points to significant resistance around the 35 cent area, 200% above. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% Timeframe for long: Now Return: 200%