SPS Price Touched the Bowl Pattern and Supported

There is big bowl pattern on SPS price chart. Here you can see daily chart of SPS. I shared this pattern a few weeks ago. When SPS price is at the bottom of this pattern with all time low level, it broke up downtred line coming from the top of this pattern. After breaking up downtrend line, SPS price went up more than 200%..

SPS price was in consolition time, Even Bitcoin price went down from 74K to 59K.. SPS price was solid and did not effected by market down.

SPS may be completed this consolidation and touch bowl pattern as a support. It is very hard to see SPS price broken down this pattern during bullish market. SPS price may get an accelaration to go up to touch the top of this pattern.

0.04 USD is main target of this bowl pattern. When SPS touched this target, we will try to determine the new target.. 0,075 may be the second target of SPS price.

Here you can see monthly chart of SPS. SPS is in 3rd month of green candles. We should see more green and huge candles on this chart.

There is Fisher Indicator on SPS price chart. It is trying to reverse from the bottom. When it happens, SPS price will enter mega bullish trend.

Tokenomics, hype, new player are the major thing that effect SPS price. I think SPS will gert good news that support the price.

We will see..

Posted Using InLeo Alpha