SXP will starts its bull run ?

23 ott 2020

SXPBTC
Hello everyone 😃
Bullish side 📈
-Heavy support zone
-BB`s lower band is acting like support
-Both RSI & STOCHASTIC RSI are in oversold zone

Bearish side 📉
-MACD is bearish
-All of the EMAs are resistance

I think we are in the end of the bearish movement , SXP/BTC has reached to its old and heavy support area so if it can take hold the support zone and break the downward resistance we will see some bounce ...
Also SXP has a good fundamentals because of its hardworking team !
But don`t forget that most of the indicators are still bearish , so if any daily candle closes under 7800 sats it will be very hard to recover ...

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades