SXP - Daily - "Not Enough Historical Data? Not A Problem"
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///👍✋Not financial advice, do your own due diligence ✋👍///
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➡️Technical Standpoint⬅️
1.) Currently trending above a resistance line and holding.
2.) Retested a major support line at $0.796 several times and held.
3.) Volume increasing shows interest.
4.) SXP hasn't been around long enough, so price discovery is going to be extra fun with this one.
➡️Fundamental Standpoint⬅️
1.) Continues to burn SXP.
2.) Airdrop in February. The word airdrop starts a buying frenzy; most of the time no one really reads the fine print.
➡️Current Season⬅️
- Altseason; about 9 days in.
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//////Indicator Legacy/Meaning//////
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- Linear Regression Line(LR) is the green/red worm-like line.
- Major Resistance Line(MRL) is the color fuchsia.
- Major Support Line(MSL) is the color aqua.
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///🎉🎉🎉Before You Go🎉🎉🎉///
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Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
"Keeping it short and sweet as always."
- assetsandcoffee📈☕"
________________________________________________________
________________________________________________________
/////////////////////////////////////////////////////////
///👍✋Not financial advice, do your own due diligence ✋👍///
////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Currently trending above a resistance line and holding.
2.) Retested a major support line at $0.796 several times and held.
3.) Volume increasing shows interest.
4.) SXP hasn't been around long enough, so price discovery is going to be extra fun with this one.
➡️Fundamental Standpoint⬅️
1.) Continues to burn SXP.
2.) Airdrop in February. The word airdrop starts a buying frenzy; most of the time no one really reads the fine print.
➡️Current Season⬅️
- Altseason; about 9 days in.
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
- Linear Regression Line(LR) is the green/red worm-like line.
- Major Resistance Line(MRL) is the color fuchsia.
- Major Support Line(MSL) is the color aqua.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
"Keeping it short and sweet as always."
- assetsandcoffee📈☕"