It has been a while since I visited this chart but sitting on USD I'm looking for a new long entry on SXP.
- These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance.
- Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time
- Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602
- Target $2.85
Best, Hard Forky
- These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance.
- Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time
- Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602
- Target $2.85
Best, Hard Forky