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Analysis: BiSwap(BSW) Breaking Out; Keep an Eye

Analysis: BiSwap(BSW) Breaking Out; Keep an Eye

BSW / TetherUS BINANCE:BSWUSDT
Trader_ph



BSW has been consolidating for a while, but now it has done a breakout of the triangle pattern and the 0.236 Fib in the chart, with strong increasing volume . The RSI also did an early breakout. For a successful breakout, we might need to wait for the 1.30$ resistance to be broken(colored in aqua). I’ll update this analysis as time passes.

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