Today I took a trade SXPBTC, one for the longer term
Today I took a trade SXPBTC, like my KAVA trade this is one for the longer term. I expect lots of alt coins to go up significantly, I want to be in there to gain more Bitcoin.
Previous resistance turned support and there is a breakout of the bull flag/pennant.
The EMA 21, 50 and 200* are respected.
(*I trade on Binance, and because there is less history, the EMA 200 is not correct. To see the correct EMA 200 look at Kucoin. Then you will see that the EMA 200 is between EMA 21 and 50)
The previous high of SXPBTX is around +525%
My stoploss is 1 ATR under the previous low at 0.00005437
Previous resistance turned support and there is a breakout of the bull flag/pennant.
The EMA 21, 50 and 200* are respected.
(*I trade on Binance, and because there is less history, the EMA 200 is not correct. To see the correct EMA 200 look at Kucoin. Then you will see that the EMA 200 is between EMA 21 and 50)
The previous high of SXPBTX is around +525%
My stoploss is 1 ATR under the previous low at 0.00005437