leopisbig

SXP can be a long term hold

Long
leopisbig Updated   
KUCOIN:SXPUSDT   Solar / Tether
Based on the Wyckoffian Method and principals, the first accumulation period ended and it looks like the price is testing the resistance level, which can be the next support level.

If the price can stay above around $2 in the next days, it will be quite positive.

Besides, if you follow the news, #Swipe has upcoming projects, i.e. a #Defi, is called #SwipeFi, on #Binance Chain.

Overall, it is pretty promising for the mid-to-long run.
Comment:
going great
Trade closed: target reached:
I expected a breach over resistance and it happened. The correction will continue. 1.40-1.50 seems a reasonable bounce level.

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