Swipe (SXP) / BTC - Price action Fractal
Updated
A price action Fractal reveals itself on the above 1-day chart (circled in orange), and is not just isolated to price action, the position of the oscillator values of RSI & Stochastic RSI are also matched.
Notwithstanding the Fractal, price action is forming an ascending triangle pattern with support on the 21-day EMA.
The only way this set up could become more bullish is if there was a bright neon sign flashing ‘buy me’ ;)
Notwithstanding the Fractal, price action is forming an ascending triangle pattern with support on the 21-day EMA.
The only way this set up could become more bullish is if there was a bright neon sign flashing ‘buy me’ ;)
Trade active
4-day candle body closes on the 21-week moving average (yellow line).Trade active
A significant move is approaching ..
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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