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SXP

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.
by RektMyMom
3
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!
by Altsignals
2
SXP/USDT 4 HOURS 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 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? Do hit the like button if you like this update and share your views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
1
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!
by Altsignals
2
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
Long
by CRYPTOMOJO_TA
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! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
Long
by FradkinXBT
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
Long
by Algo_Analyst