FieryTrading

SXP/USDT Potential Triple Top

Long
BINANCE:SXPUSDT   SXP / TetherUS
SXP has seen some nice gain in the last couple of days. Since the crypto market is quite bullish right now, I expect it to stay like that for another day or two.

For SXP I expect that the first resistance, R1, will be reached soon. After that, the price will most likely reverse towards the trend line after which it will it will increase again. In case the triple top resistance gets taken out, expect the next resistance to be R2. Do your own DD.

Happy trading!

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