SXPBTC
Top 4 coins of the week that didn't pop yet - Altseason 2021 Money is in the DEFI coins right now.
ETH and other major could do 2-3-4x but the 10-20-50x will be in the DEFI coins in my opinion.
All the biggest winners for January 2021 are in the DEFI category : name it - AAVE, CRV, REN, DOT, LINK and i pass some.
Now we are looking at the ones that didnt really start that parabola curve we are searching for.
My list is bigger but i put have to choose. I'm 50% of REN and CRV profits in this top 4, and a lot of money that slept for too long
in my Major Caps (top 30 CMC) that i started to sell a bit to go bigger in DEFI.
SXPUSDT (SXP) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SXPUSDT is consolidating in an ascending triangle pattern.
- This is a bullish build up pattern.
- Price testing the ascending triangle's horizontal resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
- Projected ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
SXPUSDT ( Channel Breakout)#SXPUSDT ( 1H chart) Technical Analysis Update
Channel Breakout
SXP/USDT currently trading at $0.845
Long Entry-level: Above $0.90 (Enter long after 1 h candle closes above $0.90
STOP LOSS: below $0.79
Reisstance level 1 (Target 1): $1.05
Resistance level 2 (Target 2): $1.180
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
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SXPUSDT (Descending Channel Breakout)#SXPUSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
SXP/USDT currently trading at $1.03
Long Entry-level: $0.90 to 1.05
STOP LOSS: below $0.76
Reisstance level 1 (Target 1): $1.26
Resistance level 2 (Target 2): $1.85
Resistance level 3(Target 3): $2.50
Max leverage: 2x
ALWAYS KEEP STOP LOSS...
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