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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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.