CZ won't let it die!Evening ladies and gentlemen, happy weekend!
I gotta be honest, lately it seems like the weekends are being more profitable for me, so I hope we all have a great trading weekend!
Swipe... this is what I think about this coin: Just like BNB, CZ won't let it die, period!
It put a massive double bottom, so to me its an easy buy.
Anything and everything changes when BTC changes, you know that right?! So it doesn't matter if the coin has a good setup and even knows behind, XTZ put out news the other day and it didn't even flinch!
Pay attention to the market!
Trade thirsty, my friends!
SXP
SXP/BTC (Testing Last Area of Support)KUCOIN: SXPBTC
-SWIPE is now testing the last key support area at 13500 sat
-This level is very important because it will decide its midterm future
-On the good side, it is trading inside this Bullish descending channel
-The pattern is unconfirmed until it manages to break upside
-Is it good to enter now an anticipate a breakout soon?
-Yes as long as you will have proper allocation and stop-loss level
-But my best advice is to wait to form a base of support
-And also, patiently wait for the breakout confirmation
-With this, you will reduce the risk and have a good stop-loss area
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Trading Involves High Risk
Not Financial Advice
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Thoughts about SXP/USD and other altsTake your money back and leave the shitcoin market if you haven't done it already.
Look at the Swipe, a poor situation, the same will happen for the rest of the hype altcoins this year.
As we said earlier, the altseason is over.
Swipe is now heading towards its starting point, around 80 cents. There is a possibility of a technical rebound from current prices, but you shouldn't take it seriously.
By the way, the ATS strategy took its profit without any doubts.
SXP/BTC (Testing Major Support?)KUCOIN: SXPBTC
-Swipe is now testing key support area at 16000 sat
-And forming a descending channel which is bullish in technical pattern
-To trade this pattern, the safest approach is to wait for breakout direction (upside)
-Once the breakout is confirmed to the north, strong buying present will start to jump in
-The upside potential is up to 36000 sat or higher
-100D MA is already approaching the price and will likely once starts consolidating
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