SXP / TetherUS
Long
Updated

#SXP/USDT

461
#SXP

The price is moving in a descending channel on the 1-hour frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at 0.2236

We have a downtrend, the RSI indicator is about to break, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 0.2433
First target 0.2848
Second target 0.3120
Third target 0.3400
Trade closed: target reached
snapshot
#SXP
First target 0.2848 Reached
Second target 0.3120 Reached
Third target 0.3400 Reached

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.