SXP/BTC (Test Key Trendline Resistance?)
💎Technical Analysis Summary💎
BINANCE: SXPBTC
-SXP retested key support area and may have found support again
-This is good in the short term Bullish action
-But the midterm trendline resistance is still there
-We can not ignore this potential strong barrier
-Because the Bears can easily enter the market
-If you want to enter on a safer approach
-Please wait for a trendline breakout
-And wait for support retest after
-Upside target is up to 20ks sat or higher
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: SXPBTC
-SXP retested key support area and may have found support again
-This is good in the short term Bullish action
-But the midterm trendline resistance is still there
-We can not ignore this potential strong barrier
-Because the Bears can easily enter the market
-If you want to enter on a safer approach
-Please wait for a trendline breakout
-And wait for support retest after
-Upside target is up to 20ks sat or higher
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.