SXPBTC trade ideas
SXPBTC - Breakout Long Potential 50%+ 🐈⬛Novice trader here guys follow my ideas at your own peril !!!
Im seeing a breakout of a triangle here on the 4 hour, Its going North and SXP has legs to run when it takes off !
-Price now crossed over the Bollinger Band centre line
-Look to have a bullish engulfing forming
-RSI looks Good
-Resistance nearly cleared
1st Target : 0.00022000
2nd Target : 0.00027504
3rd Target : 0.00032338
SXPBTCthere is a few reasons for this bullish moment..
30 September 2020 (or earlier)..
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Wallet Financial Products
"Launch interest bearing accounts, credit and lending within the wallet," during Q3 2020.
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Testnet
"... With plans to launch a testnet in September."
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Virtual Cards
"Virtual Cards (Sept)"
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SXP/BTC (Testing Major Support?)KUCOIN: SXPBTC
-Swipe is now testing key support area at 16000 sat
-And forming a descending channel which is bullish in technical pattern
-To trade this pattern, the safest approach is to wait for breakout direction (upside)
-Once the breakout is confirmed to the north, strong buying present will start to jump in
-The upside potential is up to 36000 sat or higher
-100D MA is already approaching the price and will likely once starts consolidating
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SXP/BTCThe bullishness about SXP is undeniable due to the long-awaited debit card which is actually available in the US and soon spreading to other countries. Everyone in this space might know it already. SXP is also the little son of Binance, and the price is surpressed hard.. for good reasons.
Started to build a long term bag already and look to buy more around 19K-20K sats if happens in the coming days for life changing money.
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