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PolarHusk
Jul 26, 2020 6:44 PM

SXP/BTC (Holding New Support?) 

SXP / BitcoinBinance

Description

SXP/BTC

-After a -25% drop from the High 23700 sat range
-it may have found support at the trendline area and 50ma
-If this 4H candle closes above the 19900 sat
-There is a chance this level will hold for the next 24 hours or so
-A possible upside retest of 2300 sat area
-Bearish scenario, a candle closes below 50ma will lead downward action
Comments
ProjectSyndicate
upvoted. good deal, I like that.
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