$SXP - A possible scenario of 100% move

SXP in a channel just now.

Possible scenario by August the 4th. This is done by extrapolating the move from July 17th to July 21st and transposing it from today to August 4th.

Completely invalidated if it breaks below support.

SXP is inversely tracking BTC price at the moment so watch out for the BTC price pumps and the SXP price falling.
Chart PatternsTechnical IndicatorsswipeSXPSXPBTCTrend Analysis

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