💥SFPUSDT - TO FALL BY 30% TO $1.71 & RISE BY 100% TO $3.41

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Right here is SFP chart on a daily Timeframe. As seen on this chart, we have a descending triangle breakout at $1.1850.

Price rejected a resistance at $3.150 and it's on it's way back to the support zone at $1.710.

Therefore I expect a bounce back at $1.71 as it was a resistance that will turn to support and a right shoulder pattern for the inverted head and shoulder.

Then I expect price to rise from $1.71 by 100% to $3.410.

What do you think?

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Kommentera:

The forecast turned out fine. Price fell as expected. As of right now, it's down by 30% already from $2.47 to $1.90. Profit smashed🤑💸💰

Therefore, you can close your trade if you took this position

For those waiting for reversal at the support zone at $1.71 - $1.85. You can pick a long position within the support zone ONLY IF price reverses.

Handel aktiv:

With a trendline breakout spotted on the chart. now may be the best time to open a long position provided price does not go below the trendline within $1.68 - $1.70

Handel aktiv:

SFP LIKELY MOVE

Handel aktiv:

SFP LIKELY MOVE