SXP
SXPBTC 1000% POTENTIAL!!!!!SXP is in the demand area.
In this area, it can be accumulated in several stages between the levels of 3000 Satoshi and 2300 Satoshi,
and finally, it will start moving with the failure of the dynamic resistance.
It has a growth potential of nearly 1000%.
TP1:0.00009236
TP2:0.00014727
TP3:0.00020989
TP4:0.00026989
TP5: 0.00033021
SXP POSSIBLE LONG & SHORT SCENARIOSXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into at least $500 before EOY. Sidelined since the start of september.
Stay Safe folks and don't FOMO.
SXP - Bounce?? 🤔SXP has recently bounced off the triple bottom as indicated on the chart.
Ideally we'd want a strong daily bullish engulfing candle to indicate a full reversal - which we didn't. This is why it's important to be cautious when entering longs from here. The best place to enter would be the 0.60 area where we have a strong level where price started its bull run.
IF we do get back down to 0.60, enter with stops below that level.
For now, we can look for bull flags on lower timeframe to take SXP back to the wedge resistance.
Goodluck!
SXP $89LONG-TERM TARGET! $20 SHORT-TERMPlease See original idea linked below
Apologies, left out a couple details.
This shows the ABCDE wave analysis which formed on the weekly and is the basis for a bullish pennant.
And we all love a good bullish pennant, not so often you see it on weekly charts.
All other explanations in the original idea linked below. Thank you
DISCLAIMER: Not Financial Advice
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 - 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 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only