SXP has been in an accumulation range for a while now. Recently broke out of its range and is now forming an upward re-accumulation structure.
Bullish sentiment here, POE's should have been taken before leaving the old range although some aggressive 4 hour demand bars on high volume could be a possible POE moving forward.
I expect continuation from this pattern as long as BTC does not derail the formation. (given its the market leader)
Bullish sentiment here, POE's should have been taken before leaving the old range although some aggressive 4 hour demand bars on high volume could be a possible POE moving forward.
I expect continuation from this pattern as long as BTC does not derail the formation. (given its the market leader)