SXP in a channel just now. Possible scenario by August the 4th. This is done by extrapolating the move from July 17th to July 21st and transposing it from today to August 4th.
Completely invalidated if it breaks below support.
SXP is inversely tracking BTC price at the moment so watch out for the BTC price pumps and the SXP price falling.
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Join the monthly premium program for around 30 calls per month and training on all things crypto:
stevenaitchison.mykajabi.com/cyt-crypto-monthly
stevenaitchison.mykajabi.com/cyt-crypto-monthly
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.