Hello dear fellows,
Based on some important technical considerations and historical data, we can expect a massive breakout at this point. The last time SXP passed this Fibonacci level on Aug 2020, it pumped almost 140% in 5 days. Now, we are at the verge of breaking an important resistance at that exact Fibonacci level. Moreover, we have a double bottom pattern on the RSI and a bullish hidden divergence.
Sit tight, we are going to moon ;)
Based on some important technical considerations and historical data, we can expect a massive breakout at this point. The last time SXP passed this Fibonacci level on Aug 2020, it pumped almost 140% in 5 days. Now, we are at the verge of breaking an important resistance at that exact Fibonacci level. Moreover, we have a double bottom pattern on the RSI and a bullish hidden divergence.
Sit tight, we are going to moon ;)
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