SXP/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SXP /USDT broke out the triangle pattern and retesting the support level .
Entry: CMP MORE IN GREEN BOX
Targets: %25 to %30
Stop Loss: broke and close downside the doted green line
What's your thought on this?
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Thank you
SXP
SXP - Watch This Breakout!SXP is currently within a channel and anticipating another move up to the channel resistance.
We have a red descending trendline in place which we can watch for confirmation.
Trade Idea:
- Risk Entry now
- Safe entry after the break of the red descending trendline
- Stops below the channel and 78.6 Fibonacci
- Target the recent highs as first TP and -0.27 as second TP. HODL the rest
We might be at the start of another bull run so leave one position open!
SXP/USDT 2 HOUR UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SXP/USDT lying on a strong support level or about to make triangle .
Entry: $2.32 to $2.28
Targets:
$ 2.46
$ 2.55
$ 2.69
$ 2.9
Stop Loss: $ 2.2
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
SXP/BTC buy opporunityHi followers,
BINANCE:SXPBTC completed a big regular flat on a higher timeframe, which suggests now a reversal to the upside.
The pair bounced off an important area of support, followed by higher lows and a retest. More upside expected.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
SXP and all you need to know about it Hello everyone, hope you guys having great trades.
for last few days, SXP has been in a trading range, between support and resistance zone shown on the chart. we haven't seen a daily candle closing below support or above resistance but we may see it today.
anyways the best setup would be to wait for the breakout confirmation ( Daily candle closing above resistance ), and then entering the trade.
I personally think this currency has a lot higher to go and has been playing around for quite a long time, I guess its time to see some moves.
Targets are also drawn with red lines on chart but here is your TP :
- TP1 : 2.941
- TP2 : 3.580
- TP3 : 4.204
Enter with your own strategy and risk management, my advice is to enter with strong candles confirmation, and placing your stop loss somewhere in trading range as the support zone is too far away.
Share your idea on the comment section below and also don't forget to like and follow
SXP2021 It has been a very good year for the Swipe cryptocurrency, which has appreciated by exactly 681% since its opening of the year. Winter was the best peak the currency could reach, since then the currency has devalued more or less than 50% these days. That for me I see this as a possible purchase opportunity in the future. Now I'm going to explain why I see it as a possible purchase from her. Speaking of it graphically now, I see that prices have consolidated where bulls and bears are not in charge, like a tug of war, where no one is winning or losing PORIQUANTO! Prices stabilized when they left the trail of a graphic figure, which is called the Symmetrical Triangle. Given these circumstances of 2021, I see this pattern as a possible continuation of bull bulls. It is clear if prices manage to break the resistance line of the round numbers of 5 dollars
DISCLAIMER: Please note, my studies portray only my personal opinion and should be considered for educational purposes only. They should not be considered as asset purchase or sale recommendations (calls), only a CNPI has such authorization
#SWIPE #SXP my Exit Target @ $7.2SXP is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH.
So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels.
That said, I'll have 1.618 FIB R level to be my target roof at $7.2 while it has all the potential to continue north from there... but that is a risk that I don't intend to take.
NOTE
CRO is closing towards 1.618 FIB Level, which seems to be this quarter top for most Alts. SXP (CRO competitor) didn’t nudge yet. Don’t expect Binance will let it sleep for long.