I it was time to take profits for longs. Literally after that, the price of SXPUSDT dropped from $3.70 to $1.70 in a few days, which is a hard -50%
Now the SXPUSD price has again approached the $3.60-4 zone Again, you need to closely monitor the price behavior. A 1-2 day consolidation above the $3.60 level will give a chance for an impulse up to $5 per SXP
However, if we see false breakouts of the level on the chart again, like last time, then the price of SXPUSDT will first go down to $3.00-3.10 And below this level, a way will open for a fall to $1.3 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
"a way will open for a fall to $1.3"
Whole market needs to collapse for this to happen. You have to consider the fact that it's a matter of time for swipe swap to launch.
Skynguyen160796
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@tuafasa everything can happen bro, check out the market radio, it's over heating now, 50% drop is a normal one. Just sold my sxp for safe, but it might go up to 4.7 next 3 days. what he is trying to say is understandable to me
I think we are seeing false breakouts like last time?