Bitgert, a good opportunity for swing traders?

2022年5月15日

Being a pretty new coin, Bitgert is one of the fastest growing ecosystem in blockchain. It has some fundamentals and is attracting a lot of people in the ecosystem as it is gasless. Many new programs are developed , engineered and audited in this system. This being the fundamental part we must keep in mind that this is still needed and will take time to grow. As a asset to invest maybe a good idea but we also have to consider it's volatility. So it can be a good opportunity for swing traders. The chart shows that Bitgert is in the demand Zone now and it has created a double top point A and point B before it came to the zone. Now either it will consolidate in this zone for some time or it will make a double bottom and breakout from the zone. If it breaks the zone our first target will be the trending ressistance ( the blue line), and then it will rally upside. So in my view Bitgert is a good asset for swing trading.