slowtoinvest

SXPUSDT Analysis

slowtoinvest Updated   
BINANCE:SXPUSDT   SXP / TetherUS
This is a new coin which has only been around for a month.
Comment:
The trend had started to move down, but today moved up very slightly. If the candles goes up, and pushes past the 4.325 resistance level, we can wait for open-close confirmation and then buy it. If, however, the candle goes down and breaks the 1.509 support level below it, we can wait for open-close confirmation and then sell it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.