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SXP

$SXP Cup & Handle - The handle begins to formThis is my first published idea, so cut me a little slack please :) I've been waiting for SXP to break out of it's cup, and it seems like we've had a few failed opportunities over the past few weeks. However, we hit the ATH today, which was quickly rejected back down to the level right above the the left side of the cup. This tells me that we're actually entering the 'handle' stage. Exciting, gentlemen & gentleladies. From here, we're looking for the formation of the handle. Rational thought tell us that handles typically last between 25% - 40% the total width of the cup. Unfortunately Crypto isn't rational--but we're still going to use that guidance, which would put us at a breakout of the handle between June & the first week or so of July. What we're looking for is a breakout into the green zone on extremely heavy volume. We'll be looking for something above $150M on the daily on Binance. If we do enter the 'green zone' on heavy volume before our predicted dates, we will be taking a long position as soon as both volume breaks $150M & price breaks it's previous ATH daily close of $4.72/$4.73. Our optimistic target will be the $8.90 area, as that would be the current height of the cup above the breakout area. Right now I'm staying neutral, but bullish in the short to mid-term. signed, biggest n00b in the world
by thecryptoent
3
SXPUSDTHello to you all. Mars Signals team wishes you high profits at all times. The price is in an upward trend, which experienced a fall with the fall of bitcoin. Now it is stuck in an upward triangle, and although the price played a little below that triangle, it has raised itself if the triangle ceiling breaks and stabilizes. It can be entered above for higher prices and if we break from the bottom, we intend to fall Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
SXP/USDT is about to increaseHi every one SXP / TETHERUS SXP/USDT is in an ascending triangle which has not broken yet but its about to. After the upward break out the price can increase as much as the measured price movement. (AB=CD) Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
32