Hello everyone, analyzed the SXP/BTC pair
an ascending triangle is visible on the trading chart. Possibly - not excluded - this is an expanding rising wedge.
To understand this and take the correct position, you need to wait for the breakdown of one of the levels (red line) - support
Or resistance and support levels - if a flat range is formed.
View position, only after confirmation + Volume
RSI indicator - Looks very bullish.
Go to my free channel and chat with other traders. Link in the description
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Write your opinion, whether there is a place to buy here, and open a long position
an ascending triangle is visible on the trading chart. Possibly - not excluded - this is an expanding rising wedge.
To understand this and take the correct position, you need to wait for the breakdown of one of the levels (red line) - support
Or resistance and support levels - if a flat range is formed.
View position, only after confirmation + Volume
RSI indicator - Looks very bullish.
Go to my free channel and chat with other traders. Link in the description
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Write your opinion, whether there is a place to buy here, and open a long position
