SXP / TetherUSUpdated SXPUSDT, Making the U-Turn or Forming Support Band
SXPUSDT, Making the U-Turn or Forming Support Band
Note
[UPDATE]
And dip below 0.84 mean support line but maintain above the lower band of the down trend channel and along its gravitational line. This is an acceptable range.
A trend of sinusoid 'waves' showing consolidation and building momentum towards the 4hourly chart.
My guess is if it hit 0.90, it may retrace for another round of correction but a lower low above 0.818 today.
My estimation is it may take a 1-2 days to consolidate.
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626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
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.
---
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
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.