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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
by Babenski
18
SXP - Short to $1.37It has been a while since I visited this chart but sitting on USD I'm looking for a new long entry on SXP. - These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance. - Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time - Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602 - Target $2.85 Best, Hard Forky
Short
by hardforky
2
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume. My 50x Pick - BonFire token The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart. Targets: 1. 2.58$ 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!
Long
by MBM_Crypto
2