abasinkanga

SXP/BTC is up for a major breakout... 77% and more in the making

Long
abasinkanga Updated   
BINANCE:SXPBTC   SXP / Bitcoin
SXP/BTC is at an interesting point in this trading price action. It is at the tip of the triangular shape formed by the dynamic support and resistance trendlines that have been traced on the chart
There are only two ways price can go henceforward... its just a matter of time. It either goes up or goes down to eventually go up again...

In the eventuality it most likely goes up in price, the profit trajectory has been mapped. It should go up by 77%, hitting a price of 0.00051btc

Entry point: 0.00028 - 0.00029 btc

Take profit: 0.00051btc

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Comment:
This trading idea has been invalidated... SXP will still push up again, but not on this analysis... A new analysis has to be drawn up again.

Thanks guys
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