SXP is looking primed and ready to go. We have had a nice breakout along with retest. Also formed a nice double bottom. We have strong resistance at 2.47. If we are able to break resistance SXP could quickly reach Targets of 3.50, 4.00, and then 5.00. I have not yet taken a position because I am unsure of Bitcoin price action. If we do break the 2.47 resistance I will hop in this trade.
Thank you for viewing my post!
Thank you for viewing my post!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.