SFPUSDT → Waiting for a bullish RALLY from 0.8650

By RLinda
Updated
SFPUSDT shows a beautiful bullish picture. An interesting coin that has been accumulating potential for two years and currently shows bullish prerequisites for a possible growth or even a rally.

snapshot

The coin continues to push towards 0.8137, a liquidity area that plays a key role in the market. Consolidation continues, but based on the overall situation, the denouement is close enough. It is worth paying attention to the resistance of the ascending triangle on the daily timeframe: 0.8630 - 0.8650. Breakout and consolidation of the price above the key figure can become the reason for activation of the phase of realization of the accumulated potential, which can give us the growth to 1.10, 1.32, or 3.1.

Support levels: 0.8137, 0.7500
Resistance levels: 0.8629, 1.0, 1.3238


The movement is slow, lagging behind the entire cryptocurrency market, but shows interesting prerequisites for a possible bullish momentum. Targets are indicated on the chart

Regards R. Linda!
Trade active
Consolidation continues.
Bitcoin growth on inflation news may trigger a rally
Trade active
The coin continues to show positive signs
Comment
The coin continues to approach resistance slowly
It is still accumulating, but the area of 0.8630-0.870 could be a trigger for a rally or even a pump.
It is also worth paying attention to the news, maybe there will be a fundamental reason to activate the trigger and further growth
Comment
The price is reacting weakly to the news. The market quickly redeems the local fall.
Consolidation continues
Emphasis on the breakout of 0.8630
Trade active
A retest of support leads to a false breakdown, after which the coin reverts back to strong resistance. Waiting for a test of resistance
Ascending ChannelAscending TriangleBitcoin (Cryptocurrency)BTCChart PatternscryptoCryptocurrencyFundamental AnalysisRising WedgeTrend AnalysisTrend Line Break
RLinda
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