When you see the chart of SXPBULL, you may see that it came down from several hundreds of thousands USD to 4 USD, losing its 99% of value. You may think when SXP increases, it may recover and see its ATH again. But it doesn't seem to be the case. SXPBULL is too fragile against dumps.
When you compare SXPUSDT together with leveraged tokens SXPUP (Binance) and...
SXP is a very underrated Binance project that has not been considered by many, but the potential of this project is huge considering the marketcap it has.
This seems like a possible count.
$2.60 is the level that Must Hold for this to be right.
Like I said before, I am not selling my coins that I bought at $5
And I will buy a LOT more if it goes to $3!
xD xD xD
Curious about the big volume in this consolidation though, which is part of the reason I don't want to sell. Large volume usually indicated a wave 3,...
we may be near the end of sxpbull ..
dollar value 3.7 $
SXPBULL = 4
Never seen such an ugly chart in all leverage tokens ..
From 450k to 2.6 in less than 1 year.
if you entered high you have very little chance of recovering your investment.
don't expect to see it go up to 5k 10k etc..
a perfect 1:1 abc correction swiped the lows and almost touched the GZ of the subwave 1. This was one of my previous options and with the rejection at the top of the subwave B and selling volume coming expected this BTC driven drop. There might be one more leg down but I dont see it going lower than the GZ highlighted. BTC can go into lower area as well.
More...
The ltf structure is in a descending triangle on #SWIPE, and I still have a few options how this can play out. My primary is the green line is that we break that triangle now upside and we are moving to the third wave in large.
Alternatively if it breaks down it can go tap lower to compelte a subwave 2 of the larger wave 3 and still move up, or it can do a LL and...
Looks like a possible Cup and Handle formation, which if correct would indicate a target of around $8. Fib extensions suggest a possible target of $6.90. Since I don't know 1) really anything about what this token is and 2) I don't use C&H much and also since 3) the market has had a few dips during the last couple days I will keep a tight stop loss and only open...
#SXPBULL/USD LONG
sxpbull really lost a lot to sxp/usd
last times we were about 300 and 100, now we are at 15.
if sxp were to rise to 10 $ we could return to zone 100..
Don't expect movements like on bnbbull - ethbull etc..
if there are sudden drops we will go back towards 3 and the situation becomes difficult there..
(I remind you that these tokens are not...
