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SXPUSD on a long term bullish break out.

Long
CRYPTO:SXPUSD   SXP
SXPUSD broke today above the MA50 (1d), just three days after breaking above the 3 month Channel Down.
This is the final bullish validation of the upcoming long term bullish reversal.

Trading Plan:
1. Buy on the next pull back to the MA50 (1d).
2. Buy if the price closes a (1d) candle over Resistance (1) first.

Targets:
1. and 2. 0.5900 (Fibonacci 0.618)

Tips:
1. The RSI (1d) is at the highest level since April 6th, a clear signal that the trend has reversed.

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