SXP - 5$ in the next big wave?

Here's a quick look at SXP 4 hr. chart. The price action has been forming a bigger cup & handle, and in time of writing this post, the price is breaking out from the handle. Our first big obstacle will be to get through 3.8$. Keep an eye on this one.

One thing to note here is that the price has been falling as well as the volume - thats a bullish sign.

Follow me for daily trading setups

BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!