SXP/BTC last chance for bullsSxp/btc
Lost more than 86% from it's top in 13 August
And now it dropped to its Lowest price in binance
Since start trading on the exchange
This can be the last chance for bulls to save it from die
Sxplong
SXPUSDTSearching bottom below 0.88$.
Buy orders created @0.88$, 0.79$, 0.7.
I dont know stop loss yet. First I want to realise orders.
SXP Finally Moving BULLISH - Triangle Wedge Broken #SXP TA Update:
1. SXP has been in a downtrend since 30 Aug 2020 due to the instability of Bitcoin Dominance.
2. SXP has rejected monthly support, and it is near the demand & supply zone. We may see some accumulation here, and Bullish move afterward.
3. Volume is continuously decreasing as well as price has been decreasing, which means that the downtrend is not supported by the volume, and weak hands are selling it.
4. Volume Needs to increase for uptrend move.
5. Lots of events are coming for SXP at the end of September, so may see a spike in price around 30 SEP 2020. Also in October.
6. IMPORTANT: Keep In mind the BTC Dominance as well, BTC Dominance is at the RESISTANCE level, if it breaks the resistance then ALTS gonna BLEED more. So, Watch Closely.
Trade Safe.
Never Invest you whole Capital.
Go with 5-10% per trade.
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Thoughts about SXP/USD and other altsTake your money back and leave the shitcoin market if you haven't done it already.
Look at the Swipe, a poor situation, the same will happen for the rest of the hype altcoins this year.
As we said earlier, the altseason is over.
Swipe is now heading towards its starting point, around 80 cents. There is a possibility of a technical rebound from current prices, but you shouldn't take it seriously.
By the way, the ATS strategy took its profit without any doubts.
SXP-USDTHope to find support here, at 0.618 fibo, got more at 2.59$
Small bullish divergence possible on stoch
