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hardforky
Feb 19, 2021 12:06 AM

SXP - BTC Pair first look - BIG upside Long

SXP / BitcoinBinance

Description

Quick sketch of SXPBTC key trends and resistance to navigate existing USD idea.

The Circled area looks like a retest before resumption after breakout. Heavy resistance at this stage, possibly requires a couple more touches before breakout but the upside is huge.

Apologies but I've only had 10 mins to build this but it looks pretty accurate depiction of the SXPBTC market?

Best, Hard Forky
Comments
steezus
looking good hard forky! Rough price target?
hardforky
@steezus, i'd say

0.00011302 BTC
with 20% rise in BTC to 62k that roughly $10 price target with a stretch of $12 - feels a little too bullish right now who knows, will watch price action and BTC to tell me when to exit.
steezus
cheers @hardforky, I'll be watching closely! Keep those charts coming :)
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