Handle-Cup Pattern is on SPS Price Chart
SPS price went up 60% in a week. It is of one of the best performer in crypto market. After good news on Splinterlands game, SPS price started to go up. Handle-Cup pattern appeared on SPS price chart after this price move.
Here you can see daily chart of SPS. There is great big handle cup pattern is on SPS price chart. Handle took 7-months. Cup took 5 months. It is time to see this pattern completed.
The height of this pattern is the target. SPS price should go up to 0,017 USD. This is the first price target of SPS.
Here you can see weekly chart of SPS. 0,017 USD price target is only the beginning. After touchin the first target 0,017 USD, 0,03 USD will be the target. It will be the next handle-cup pattern.
We will see more handle-cup patterns on SPS price chart during price reversing.
SPS price is still undervalued. Even it breaks up the the top line of handle-cup pattern, it will be still undervalued. We should see more handle-cup patterns on SPS price chart.
We should see the listing of SPS to CEX. Journey is long. We are at the beginning.
We will see..