Symmetrical Triangle on the SFPUSDTBased on technical factors there is a long position in :
📊 SFPUSDT-SafePal
🔵 Long Now 0.3650
🧯 Stop loss 0.3140
🏹 Target 1 0.4770
🏹 Target 2 0.5430
🏹 Target 3 0.6100
💸Capital : 1%
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SFPUSDT
SFPUSDT - 69 strong growth very soonSFPUSDT - 69 strong growth very soon. in the analysis I used the degree system and the language of numbers. Here you can clearly see how the price fell into the reversal zone, from where the last time there were strong impulses and the beginning of a bullish movement.
Official Wallet Of Binance!Safepal was the first hardware wallet invested in and backed by Binance.
Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally.
Binance is the biggest crypto exchange by far.
Everyone has Binance account and Binance seems to be norm of crypto exchanges.
If crypto is here to stay and if people are going to use crypto wallets, chances are Safepal will be one of the most used wallet in crypto space.
Because it is backed by Binance. If you are using Binance, you can see Safepal as on option for wallets in Binance.
This means there is huge potential client base for Safepal. It could be Binance of wallets for cryptos.
60 cents seems to be the bottom for SFP and for the next cycle it is a good buy zone.
FEDs not so hawkish rate decision of yesterday made me think we dont need a stop loss if we are to buy for long term.
But if you want you can put a stop loss on 50-52 cent area.
Thanks.
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IOST : Daily TA : 04.18.22 (IO)Technical analysis of #IOST 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.18.2022
⚠️(DYOR)
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Update For SFP/USDT Analysis 📈📉Hello trader ,WHATS UP GUYS ?!
In the past analysis that I posted for SFP(Safepal), exactly according to my analysis, after reaching the local resistance zone , it declined and it wasn't able to rise more for higher targets 🎯
so now!
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📊Technical
As you can see on weekly timeframe for SFP/USDT ,it has been declining and went down below the descending trendline , and recently lost the previous support zone and reached to lower support level on the pivot zone , so today if SFB be able to stablize itself on this zone for at least 1 or 2 week with enough volume as confirmation ,it can start a uptrend movement and rise to higher resistance zone . so in order to achive higher targets at first it should break out both descending trendlines of channel and then attack to higher red resistance zone , otherwise if it lose this important current zone it can drop to lower support fibo levels and the bottom of channel .
🛑resistance level: $2.58 -$2.8/// $1.77- $1.97 descending trendline of channel
🆚pivot zone: $0.675- 0.8$
❇️support levels: $0.4082///$0.322///$0.2158
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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SFP BEARFLAGAttention, My signal is not 100% right, So
Dwyor and use your analysis before you join
my signal.
SFP good time to short or sell it.
Potential make a bear flag like the history yesterday
Why SFP can turn down?
1. Potential bearflag
2. There is resistance at 0.8
3. It can turn down below 0.5 with fibo
SFPUSDT-LONGBased on technical factors there is a long position in :
SFPUSDT SafePal
Score 2️⃣
🔵Long Now or set on Key Level 1.0050
🟢Target 1 1.0665
🟢Target 2 1.1635
❌Stop loss 0.9775
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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$SFP/USDT 2D (BinanceFutures)Symmetrical triangle break & retestSafePal has retraced down towards 200MA daily, we expect a bounce back on big demand zone!
Current Price= 1.4763
Buy Entry= 1.4767 - 1.3167
Take Profit= 2.0123 | 2.7782 | 3.8615
Stop Loss= 1.0882
Risk/Reward= 1:2 | 1:4.48 | 1:7.99
Expected Profit= +44.08% | +98.91% | +176.47%
Possible Loss= -22.09%
Fib. Retracement= 0.5 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 4 months
Website: safepal.io