I have tried my best to bring the best possible outcome in this chart.
Hello, members welcome to SXP/USDT chart analysis by cryptosander
As we can see in the above-mentioned chart that SXP/USDT created an inverse head and shoulder pattern which is a bullish pattern.
In the current scenario, SXP/USDT broke the neckline and moved for a retest. RSI also shows a bullish divergence.
If it retests then the green zone will be the zone to go long for the long term at spot or low leverage.
entry:-CMP and ADD MORE AT $1.52
target:-20% to 30%
stop-loss:-$1.4650
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.