serknin

Head and Shoulders Pattern on Solar

Long
BINANCE:SXPUSDT   SXP / TetherUS
A retun formation that can be observed in different time periods has taken its place on the sxp chart. The sxp price, which has shown a slow participation in the recent rapid rises, has the pottancial to suddenly close this gap. We can easily reach this conclusion by observing past price movements on the chart. When the sxp price starts to rise it usually moves wildly. The target of the inverted head and shoulders formation can be measured as $0.68.
Solar is a decentralised blockchain using a Delegated Proof of Stake consensus model
which is secured by 53 elected block producers that produce blocks and validate transactions.
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