SXP 12h H&S reversal and up or false hopeAnyone who has been following our ideas for a long time should remember that we wrote about SXPUSDT for 60 cents back in September.
Then, in the previous ideas, we confirmed that the target is relevant and this happened)
We hope that those who hated us in the previous ideas have successfully purchased)
Because we need to trade according to what the chart draws, and not how the "wants" suggests.
And now, on the horizon, there is finally a ray of hope for growth.
Possibly H&S reversal pattern is forming on the chart.
If the price can fix higher, while the impenetrable zone, $1.10-1.30, then there will be a super chance for the SXPUSDT price to grow to $2.80.
Fly in the ointment: if the price fixes below $0.68 and the level $0.6 also be broken down, then the price will fall to $0.36.
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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 swipe ; have we reached the bottom finally?? Pretty self explanatory. Is this the bottom?
This things been going down for quite a long time. For a Binance backed and integrated project that is quite odd. WHEN it does go I bet it will go fast and big.
Lets see if this is the path it will take. I could see it flat lining for quite awhile before popping up as well.
#CRO vs #SXP Price Tracking#CRO vs #SXP Price Tracking
$SXP DUMPED MORE Silently then #CRO, as per its short life Vs price manipulation
HUOBI:CROUSDT
BINANCE:SXPUSDT
SXP 12h So far there is no positive on the horizonMore than a month has passed since the publication of the previous SXP idea, and the situation has not changed globally.
The SXPUSDT price failed to fix above $1.30 . It is surprising that the project that exists under the patronage of Binance is now in decline.
There is no particular interest or accumulation.
There is also silence on the news background, even without loud announcements.
If the price still manages to fix above $0.9 , then it will be possible to make a trade to $1.
If the impulse is strong, it will be possible to count on growth even to $1.30 . There is no point in looking at the above.
Below $0.8 sellers may feel buyers' helplessness and flow the price first to $0.61 . And if they like the taste of blood, then it's not that far to $0.49.
_______________________________
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 :)
SXP Levels to Watch - $0.55 cents???Hello again my friends,
Elvis playing in the house today, we're on a good mood.
I was taking a look at SXP and grew my interest a little more. On this empty chart, those trend lines stand out and that's where I will be looking at it a little deeper.
Maybe once it hits $0.55 cents I might be a little more interested!
Trade thirsty, my friends!
SXPUSDT (Swipe) Starting uptrend: first HL after bullish div
SXP usdt - starting uptrend first HL after bulldiv
After the bullish divergence on the daily, the price was consolidating for a while. Now Stochastic RSI is curling up and it seems the first higher low is forming on the daily.
After the bullish divergence, the downwicks showed some tails and the price was rejected a this -2 ATR level. -2 ATR has been the reversal zone for the daily already a couple of times.
Then after this upshot that went up to 1.20, it pulled back but found support at around 0.90. The consolidation went on and there were some stabs down, but on the 4H TF you can see that the candles never closed below 0.90.
The impulse changed to green on the 4H Timeframe, and although the candle is only on one third of it’s duration, the impulse is green.
I expect a move up now and change of trend. If that happens, I expect it to move up to the target zone between 1.58 and 1.76. I will get out in thirds, but that will also depend on the patterns then and how things will look like.
If the trend shows good strength, I might be able to higher the stoploss if a new HL show ups. This will make it possible to add to these support levels.
On the 4H Timeframe we can see that it did hit this 0.88 - 0.90 support level, but as said the candles never closed below it, when some level has been visited four times, and then bounces stronly off, it show us it does not want to go that way.
The impulse has changed to green and the EMA’s have crossed.
Entry: to be defined on shorter TFs. Good levels are 0.95 - 1.01 (currently price is pulling back on the 1H TF, and I am looking for that decline to tick up again and then buy).
R/R ratio:
1:5 up to 1:7
Stoploss: 0.87
Swipe (SXPBTC) Trade Signal (271%)Here we have the numbers for the SXPBTC altcoin trading pair.
Enjoy....
SXPBTC
BUY: 0.00006200 - 0.00006900
NEXT SUPPORT: 0.00005200 - 0.00005600
TARGET:
1) 0.00007950
2) 0.00009710
3) 0.00012500
4) 0.00014500
5) 0.00017800
6) 0.00021000
7) 0.00024500
STOP: Close weekly (W) below 0.00005000.
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There are always more opportunities...
There is always a second chance.
If you made a mistake, do not worry, take it easy.
Step back, relax, study, practice, prepare, and try again.
There are no failures only experience.
Wishing you great profits, health, wealth & success...
Now & Always...
You deserve the best!
Namaste.
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This is not financial advice.
Trade at your own risk.
Swipe SXPUSDT - Bullish rectangle + next target- Swipe is lagging and consolidating in this bullish rectangle pattern.
- I would buy the breakout of this pattern, then looking for target (0.618 fib + horizontal resistance)
- 1+2 Elliott waves completed, now the third is on our way
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Swipe SXPUSDT - Descending triangle + Double bottom- Swipe looking terrible
- Great setup to enter a short + take profit on the double bottom patterrn
- Then i expect a new big uptrend.
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Swipe SXPUSDT - Bullish mode, 2.4 USD target- Swipe broke out of the descending channel on the daily chart
- Now the trend has changed and i expect higher prices up to 0.618 FIB
- ABC correction on the larger scale is completed
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Swipe SXPUSDT - Elliott wave + breaking out!- Swipe is also breaking out right now
- The first and second wave is completed, now we are looking for a 3rd biggest wave
- Supported by 0.618 fib last day
- Supported by a major descending trend line
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✳️Swipe/USDT (2/11) #SXP $SXP #SXPUSDTSXP just formed a Doji candlestick at 0.8-0.85$ and this zone has stopped the decline of SXP so over the next few days, SXP is likely to have a rally and target at 1.1$ and 1.4$.
If the SXP continues to fall out of this 0.8$ zone, we will continue to wait for it in the 0.6$ zone
📈BUY- LONG Strategy
- Buy: 0.8-0.85$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 1.1-1.15$. Stoploss if A
- Sell: 1.35-1.4$. Stoploss if A
- Sell: 4.4-4.5$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 0.8-0.85$. Stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP 12h. Thinks where next: up to $1.80 or down to $0.61This idea is a continuation of the previous idea , which worked out pretty well.
When the price fixed below the level $1.10, then moved towards the lower target $0.61.
But, on 3 November, the Swipe team published a report on the work done for October, and on 4-5-6 November, they published new developments and project upgrades.
In addition, on 3-6 November, BTC made a leap up +20%.
This mixture of news and events stopped the fall at $0.715 and turned the price upwards by +65% to the current indicators.
In the zone $1.10 -1.30, it will be decided where the price should move next:
- Fixes above the zone, then will open the path for growth to $1.80
- If sellers become active in this zone, then the fall may continue to the previously calculated level $0.61
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