SXPUSDT (SXP) - POTENTIAL BREAKOUT Long

SXP / TetherUSBinance

Description

⋅ Jan 27, 2021 2:33 PM

ANALYSIS 🔎
- SXPUSDT is consolidating in an ascending triangle pattern.
- This is a bullish build up pattern.
- Price testing the ascending triangle's horizontal resistance.
- There's an upward breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.

TARGETS 🎯
- Fibonacci extension levels.
- Projected ascending channel resistance.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

Comments

Dan8989

⋅ Jan 27, 2021 9:31 PM

Look at it now!

Chibuike_Odoh

⋅ Jan 28, 2021 4:51 AM

@Dan8989 🥂