HTF perspective - 1D chart
We are at the end of descending triangle, SXP still can go both ways - RIP or UP
UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo
RIP scenario would be R.I.P aka worse than stablecoin.
DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
We are at the end of descending triangle, SXP still can go both ways - RIP or UP
UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo
RIP scenario would be R.I.P aka worse than stablecoin.
DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
Catatan
So far looking kind of great for SXP, we had a break above resistance + red TL, now it is retesting it. If todays daily close is above - confirmed breakout - there is a good chance of UP scenario paying out.
Also daily EMA 12/21 crossed up :)
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.