SWIPE (SXP) final hours :) HTF 1D perspective
Updated
HTF perspective - 1D chart
We are at the end of descending triangle, SXP still can go both ways - RIP or UP
UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo
RIP scenario would be R.I.P aka worse than stablecoin.
DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
We are at the end of descending triangle, SXP still can go both ways - RIP or UP
UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo
RIP scenario would be R.I.P aka worse than stablecoin.
DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
Note
So far looking kind of great for SXP, we had a break above resistance + red TL, now it is retesting it. If todays daily close is above - confirmed breakout - there is a good chance of UP scenario paying out.
Also daily EMA 12/21 crossed up :)
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