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luizhcruz
Feb 10, 2021 4:01 PM

End of correction and welcome impulsive wave!? SAFEPAL M15 Long

SFP / TetherUSBinance

Description

Technical analysis regarding the price of SAFEPAL in relation of dollar Tether for the next scenarios, based on 15 minutes movement.


Price found support along with 89 period EMA. Convergence with the RSI exceeding the neutral line * being positive and the price moving in an inverse way, with descending tops ~ divergence.
MACD losing selling pressure. Could it be the end of that correction !? Well, in the Technical context, we may be facing a new impulsive wave. Who knows!?


disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***

Comment

Comments
CryptoSlayer77
hope it would reach more than 6$
sebapipus
@mta3011, I am pretty sure this can go much higher than 6 bucks
luizhcruz
Yes, I am very confident about that too and soon we will be able to watch this scenario come to fruition!
I believe that $ 6 dollars is still very little for the potential of appreciation that this crypto has. We will observe in the next moments what the emotion of the crowd will transmit in the graphics. Hugs. 😄👍🏌
JohnWick009
how much days it might take to cross 3$ ?
CryptoSlayer77
@JohnWick009, not long... maybe even tonight
MONEYONMYMINDDDS
What do you think is the lowest correction price? It will go under 2 usd?
CryptoSlayer77
@MONEYONMYMINDDDS this is most probably the end of correction like he said... so no lower correction price
luizhcruz
I believe that the price has already corrected after this sharp boost that the price had. Well, in my perception and analysis the price will not fall below that "considerable" support region. 🏆🏌
FARHAD_PIROUTI
Can you have a new analysis on this? Thanks
abel11
Keep it up!
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