🆓Swipe (SXP) Oct-3 #SXP $SXPSXP has good buying force at 2.3$ zone and it could move towards 2.7$, 3.5$ and 4.4$ zones in this October. But if it loses this 2.3$ zone, it will fall down to 2$ zone again
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.3$ zone
🔴Buy : 2.3
🔴Sell : 2.7 - 3.5 - 4.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.3$ zone
🔵Sell : 2.3
🔵Buy : 2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Swipe
SXP LONG TERM $50 This is what I see happening for SXP in the coming weeks/months, reaching a price target of up to $50.
The fractal was taken from BNB daily chart when it first listed right up to its first breakout.
It only makes sense because they both have the same use case and I really think it will play out.
SXP IS WILLING TO TAKE A SWIPE AT 6SXP is visibly climbing a trend line. It has been respected a few times. MACD is showing divergence in the positive zone. In fact, SXP has stood its ground although the market is shaky right now. We might see a retracement, but it will be a step backwards to leap upwards. RSI is cruising around in the overbought zone, so a minor retracement is not out of the ordinary. Volume is not sufficient, TBH, as it is with most altcoins. Tread cautiously!
SXP >$50 IMMINENTAnyone see this beautiful ascending triangle playing out? Taking the measured move of the base of the triangle to the resistance, we see a huge power move crushing to my new target. Tokenomics, infrastructure, and fundamentals of this coin support this move.
Any thoughts? would love the discussion.
SXP 1D Pattern "Cup with handle" and growth target $60On the fall in May, SXPUSDT buyers showed once again that they are not planning to let the price go below $1.30. By the end of July, the price of SXPUSD once again dropped to a strong mirror level of $1.30 , from which buyers began to drive the price up. SXPUSDT price growth at the moment shows more than +100%
If we look at the SXPUSD chart globally, we can assume that the "Cup with a handle" pattern is being forming now.
For the full completion of the formation of the "Cup with a handle" pattern, the SXP price needs to rise to the area of $5.50.
Well, when the pattern will be formed , and a positive attitude prevails on the crypto market itself, then we will need to fasten your seat belts)
Since the path will open for growth first to $10-11.
Further correction and continued growth to $25 .
And the icing on the cake can be " $60 for the SXP ", as the final global TP of working out the "Cup with a handle" pattern.
Eh, dreams — dreams :)
What do you think about such a scenario? Write in the comments!
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer — help us to be happier :)
🆓Swipe (SXP) Aug-26 #SXP $SXPThe buying power of SXP is very strong and it can continue to rise to the $5 and $6 zones this September. But if it loses the $3.5 zone, it will correct to the $3 or even $2.5 zone
📈BUY
🔴Buy : 3.42-3.58$. SL if B
📉SELL
🔴Sell : 4.88-5.12$. SL if A
🔴Sell : 5.85-6.15$. SL if A
♻️BACK-UP
🔵Sell : 3.42-3.58$ if B. SL if A
🔵Buy : 2.93-3.07$. SL if B
🔵Buy : 2.44-2.56$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$SXPSXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you wanna play it safe wait for a break below and retest of the red resistance area and then short. Inversely a break above this red area would be a long into the green box.
Hey SXP, feel free to continue the decline, I don't mind...The price of SXP is between two strong daily S / R zones.
At the same time, we are below the TL signaling the Down trend and also below the EMA Daily 200, which also indicates the downtrend.
However, the current support has already tested 3 times and stopped the falling price. This may signal an upward reflection to test the trend line.
The most important thing is what happens inside the current hourly candle. We can find out if we switch to a lower time frame.
Ideal for entry according to our Price action strategy is the time frame M15, where we evaluate the current situation and decide accordingly whether to trade SXP.
SXP / USDTSXP / USDT
In late may SXP lost uptrend line as a result it dumped hard
Finally we see some action of bulls at weekly demand between 1.9$- 1.67$
I really like the project in long term but when coin dumped by more than 50% we cant expect it go up fast again it need some sort of long time of accumulation first
Expectations : sideway movement ...what i hope bulls hold weekly demand and bulid base Support here before moving up
Things can turn very bearish if we lost weekly Support by weekly candles ..in which mean more dump to past accumulation zones
Good luck
SXP Coin Consolidates Above $2.0 Since Start Of The MonthSXP coin price traded at $2.08 with a gain of 8.1% in the last 24-hour and 10.5% up in the weekly time frame. Furthermore, SXP sustains above the mark of $2.0. In contrast, the market capitalization stands at $200 Million. Technically, investors can perceive a positive slope in RSI. The price is moving below the EMA-200. Besides, shallow volume is maintained in the coin. Moreover, the price move can be towards the EMA-200 of $2.65 in future trading sessions.
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume.
My 50x Pick - BonFire token
The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 2.58$
2. 2.7$
3. 3.24$
- Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SXP to $10I have been extremely bullish on Swipe (SXP/USDT) for a while and even more so with several upcoming events such as the token burn in August 2021 where the founder of Swipe, JL will burn 10M SXP (currently worth over $25 million) from the Founders unlock. JL has recently burned a whopping 50 million SXP tokens (Valued at $200M) which decreased the total supply by -17.5%. Ultimately, the goal of reaching their deflationary target of only 100M Swipe tokens is nearing, whereby the supply of Swipe tokens will be reduced by over 50% from the current total supply (239.6M). The recent launch of Swipe v2 was very successful and there is huge anticipation for the upcoming SwipeChain testnet launch on July 6th 2021. Fundamentally, the future looks very promising for SXP holders.
Bitcoin's huge -50% retracement from ATH this week resulted in a bloodbath for Altcoins. With surplus FUD circulating the price of BTC flash crashed to $30k, and alts were down over 50-70%. This has provided a great opportunity to buy the fear and secure a long term entry on SXP which has retraced -70% from its local high of $5.87 in early May 2021. The daily RSI has also cooled off and reached oversold levels 30. It is important to monitor BTC closely for now, which has bounced promisingly from the low of $30k already, currently trading at a price of $41650 at the time of publishing this idea. If Bitcoin can successfully regain $42k (200 daily EMA), then I believe the market sentiment will flip bullish again in the short-medium term with eyes on the 21 weekly EMA (at around $46k) being the next major resistance for BTC.
We are already +30% up from my entry at $1.79, which was communicated to my premium group yesterday. Pay close attention to the upcoming resistance levels on the chart highlighted by the red horizontal lines, once these levels are broken and confirmed as support I believe SXP will swiftly rise towards breaking its ATH and reaching our target of $10 which sits below the 2.618 fib extension level. If you are interested in receiving time sensitive entries and market updates in my premium group, follow me on TradingView and send me a message for further information.
Be sure to follow me here on TradingView if you want to receive future updates and SL adjustments for this trade and many more.
Disclaimer : This is only my opinion and should not act as financial advice, always DYOR (Do your own research).