SXP! Count down to blast off!
Updated
Hello dear fellows,
Based on some important technical considerations and historical data, we can expect a massive breakout at this point. The last time SXP passed this Fibonacci level on Aug 2020, it pumped almost 140% in 5 days. Now, we are at the verge of breaking an important resistance at that exact Fibonacci level. Moreover, we have a double bottom pattern on the RSI and a bullish hidden divergence.
Sit tight, we are going to moon ;)
Based on some important technical considerations and historical data, we can expect a massive breakout at this point. The last time SXP passed this Fibonacci level on Aug 2020, it pumped almost 140% in 5 days. Now, we are at the verge of breaking an important resistance at that exact Fibonacci level. Moreover, we have a double bottom pattern on the RSI and a bullish hidden divergence.
Sit tight, we are going to moon ;)
Trade active
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.