Update on previous idea.
SXP/BTC chart looking very nice.
Just retested the diagonal which is clear resistance/support in the past.
Expecting we hit 0.00036732 BTC at some point.
Fibs also working as resistance/support;
SXP/BTC chart looking very nice.
Just retested the diagonal which is clear resistance/support in the past.
Expecting we hit 0.00036732 BTC at some point.
Fibs also working as resistance/support;
Note
What's interesting is that; 0.00036732 * 50k = 18.36
0.00036732 * 60k = 22
0.00036732 * 80k = 29.38
When BTC is 60k and SXP/BTC hits target, SXP/USDT will be 22$, which is somewhat exactly the 4th fib on the SXP/USDT chart.
Note
So here's to hoping SXP can hit it's target, before BTC breaks ATH.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.