sxp has been testing the 4h resistance level around $ 0.4
if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.435 as the target (following 4h resistance) and something around $ 0.385 as the stop loss, which is the level of the resistance the price is currently testing , which could turn into new support in a breakout scenario
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.435 as the target (following 4h resistance) and something around $ 0.385 as the stop loss, which is the level of the resistance the price is currently testing , which could turn into new support in a breakout scenario
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas