AirSwap Long-Term (Weekly Chart Analysis)

28 Sep 2020

Let's take a look at AirSwap (ASTBTC) and how it is behaving around the EMA lines.

• First, we saw ASTBTC break above EMA50, quickly followed by a test of this level as support.
  
  
• Second, we saw ASTBTC break above EMA100, quickly followed by a test of this level as support.
  

Now, we have prices consolidating strong above EMA10, EMA50, and EMA100...
This opens the door for additional growth.

If prices drop (red arrow), we remain bullish and still expect another jump (2nd green arrow).

We are bullish mid/long-term... The altcoins will continue to grow.

As long as we have higher highs and higher lows... It doesn't matter how long it takes or if Bitcoin is going down or up... Higher highs and higher lows, is the classic definition of an uptrend, so there can be more... GREEN.

Namaste.