SPAUSDT
SPA sperax price prediction 2023 update 2Update from the first idea
Using LOG FIB drawn on Weekly chart from all time high to all time low we find confluence on the 0.5 and 0.618 when compared to the recent mid term swing high to low. 1.272 and 1.618 (aug '22)
Also RSI on weekly chart looks very bullish. Strong support and bounce with continuation likely in the coming weeks and months. Targets posted on chart, not expecting all targets to be reached on first attempt.
There is possibly a correction or 2 coming this year before reaching all the targets but I expect all targets to be hit as a minimum.
SPAUSDT targeting 0.4500 on a Cup & Handle pattern!SPA has been one of the best performing crypto of the year, being supported on its 1D MA50 (blue trend-line) since December 23. The most important development is that it has now broken above the handle of the Cup and Handle (C&H) pattern of late January. The previous C&H pattern, when it broke above its handle, it reached its 2.0 Fibonacci extension before pulling back on profit taking. The current 2.0 Fib extension is at 0.4500.
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