SXP 1D Pattern "Cup with handle" and growth target $60

Aug 10, 2021

On the fall in May, SXPUSDT buyers showed once again that they are not planning to let the price go below $1.30. By the end of July, the price of SXPUSD once again dropped to a strong mirror level of $1.30, from which buyers began to drive the price up. SXPUSDT price growth at the moment shows more than +100%

If we look at the SXPUSD chart globally, we can assume that the "Cup with a handle" pattern is being forming now.
For the full completion of the formation of the "Cup with a handle" pattern, the SXP price needs to rise to the area of ​​$5.50.

Well, when the pattern will be formed, and a positive attitude prevails on the crypto market itself, then we will need to fasten your seat belts)
Since the path will open for growth first to $10-11.
Further correction and continued growth to $25.
And the icing on the cake can be "$60 for the SXP", as the final global TP of working out the "Cup with a handle" pattern.
Eh, dreams — dreams :)

What do you think about such a scenario? Write in the comments!
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Aug 27, 2021

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