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Author Topic: Blue Horse Shoe Loves SXP II  (Read 39 times)
tokeweed (OP)
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December 30, 2021, 01:38:42 PM
Last edit: March 26, 2022, 03:43:29 PM by tokeweed
 #1

SXP/USDT broke out resistance a couple of weeks after hitting strong support of around 1.35ish USD...  One of the times SXP did it, it went from 1.36 USD to 4.58 USD.  So judging from past performance it could go on a decent run of 3x from recent bottom...  Probably more if BTC behaves?

I haven’t gotten in yet tbh but got some buy limit orders at 1.75 - 1.80.

I’m not sure why it was bought up...  Just want to get in for the price action.  Lol.  What do you guys think?

Chart...


R


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January 03, 2022, 01:31:04 PM
 #2

Ey guys...  So a correction happened.  Which is expected really and it seems like 2 USD is holding pretty fine at the moment.  Right now it’s in accumulation mode and it could be a good time to pick some up.  But here’s the thing, it could also be manipulated to drop some more and shake off some weak hands before the run up back to 2.30 and hopefully way beyond that.  Wink

Here’s the hourly chart and what I think could happen.  What do you guys think?


R


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January 14, 2022, 03:16:26 PM
 #3

The sell down went a little too deep than I anticipated.  Lol.  But bids between 1.75 and 1.80 USD were hit.  There’s nothing to do now but let the chips fall where they may and hope the trading gods put this one in our favor.  Crossing my fingers.  Cheesy

What do you guys think?  Seems like a lot of the people don’t speak up like they used to in these parts anymore when I ask for advice.  Everybody used to be smart and had an opinion.  We need that 2013 - 2014 vibe back esp during the bear market.


R


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