According to: https://swingby.medium.com/ready-for-the-btc-to-bsc-bridge-swingby-just-made-running-a-metanode-even-better-4dbedc2c7f16
Swingby will launch their 2nd bridge— Bitcoin to Binance Smart Chain by the end of March 2021.
This event is one week away and might create a huge pre-anticipatory run.
If the price bounces off of the 0.618 fib level, the FA and TA factors will converge and give SWINGBY massive bullish potential.
Keep an eye on the volume though for confirmation.
Swingby will launch their 2nd bridge— Bitcoin to Binance Smart Chain by the end of March 2021.
This event is one week away and might create a huge pre-anticipatory run.
If the price bounces off of the 0.618 fib level, the FA and TA factors will converge and give SWINGBY massive bullish potential.
Keep an eye on the volume though for confirmation.
To understand why I put so much emphasis on the 0.618 Fibonacci level, here is one example of your typical moonshot formation, so common in this bull run.
Other tokens that have followed this same pattern almost to perfection are: SNX, HNT, SWAP, LINK, ATOM, SOL but also many others.
The point I'm making is, if you see this retracement to 0.618 fib level and you know the token has strong fundamentals, the upside is enormous, at least as long as we are in the bull cycle (which we still are in).
Another patter I've noticed is that the longer the re-accumulation period (point 3 on the chart) the bigger the upside. In other words: the bigger the base, the higher into space.
Other tokens that have followed this same pattern almost to perfection are: SNX, HNT, SWAP, LINK, ATOM, SOL but also many others.
The point I'm making is, if you see this retracement to 0.618 fib level and you know the token has strong fundamentals, the upside is enormous, at least as long as we are in the bull cycle (which we still are in).
Another patter I've noticed is that the longer the re-accumulation period (point 3 on the chart) the bigger the upside. In other words: the bigger the base, the higher into space.
Forwarded from PEPES APES (AdamHODL)
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