SXP has been looking quite bullish recently with ascending triangles on the 4HR and Daily frames
With pretty strong volume and FA to back it up, it might soon become of the best performers of this alt market.
Now we are in the build-up just below the resistance of $2, if we can breakthrough we might pump all the way to ATH and past it.
Here on the LTF, we have the Ichimoku cloud and the 200 MA acting as support with a previous resistance turned support.
This is a great chance to get in before the possible PUMP
Now I know the cloud is best traded on HTF but right here is acting so well that I just can't ignore it.
I'm Longing SXP.
With pretty strong volume and FA to back it up, it might soon become of the best performers of this alt market.
Now we are in the build-up just below the resistance of $2, if we can breakthrough we might pump all the way to ATH and past it.
Here on the LTF, we have the Ichimoku cloud and the 200 MA acting as support with a previous resistance turned support.
This is a great chance to get in before the possible PUMP
Now I know the cloud is best traded on HTF but right here is acting so well that I just can't ignore it.
I'm Longing SXP.
Trade active:
Going above target so far, trailing stop at 1% call back
Trade closed: stop reached:
Trade closed with ROI of +58%