SXP
All the way up🏁The end of the week is full of ascending triangles, wolves🔥
That's why catch one more!
There is an ascending triangle on SXPBNB crypto pair.
Previous bearish trend was broken and price started to rise.
Later this formation has been created.
According to Elliott Waves theory all the waves were done and price was heading to the breakout.
Then price broke resistance zone and retested new support level.
So follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
An Interesting TitleSXP can go moon. But I am afraid to weekend and monday. Set up your stop correctly.
Yatırım Tavsiyesi değildir.
Not financal advice.
🔥 SXP Cup & Handle PatternSXP has been quite volatile over the last couple of weeks. After making a double-top on 11-03, the price has declined a bit and reversed thereafter. As you can see on the chart, a classical Cup & Handle pattern has emerged.
According to theory, a Cup & Handle pattern often leads to strong returns upon completion. So if all goes right, we might be in for a treat soon!
Happy trading!
SXP getting ready to flySwipe price is now fighting against strong resistance zone. If we break this level, we can see a major pump here. In the last days we have retested strong support zone (100 EMA, support zone and bottom trendline) and gained pretty good momentum. The best entry will be after breaking and retesting the resistance - I'll be looking for an entry here. Depending on when you want to take the profits, most reasonable stop loss levels are below the current resistance or below the trendline.
(Not a financial advice)
SXP ( new ATH possible ?)SXP / USDT
one of coins that show strong volatility
In weekly chart we can see only growth and keep flipping strong weekly resistances into supports
If it can hold the current weekly support between
( 2.7$-2.5$ ) So we can expect another growth toward ATH or higher
If not then will test the lower support again which is less likey to happen here but also not excluded so dont let your guard down
Now i keep looking at weekly candles closure
SXP Cup and HandleThere's been a lot of bullish news recently regarding SXP and their liquiidty pool launch. BTC chart looks great for upside as well.
Trade the breakout of the cup and handle formation.
:)
[SXP] standard handle cup model - Strong growth is coming soon standard handle cup model - Strong growth is coming soon
SXP/USDT Potential for Growthits not a FINANCIAL ADVISE
its just a personal IDEA
potential for growth in MA100 and MA200
Cup model has been identified
with some Price Correction , will be prepared for Break out
SXP - 5$ in the next big wave?Here's a quick look at SXP 4 hr. chart. The price action has been forming a bigger cup & handle, and in time of writing this post, the price is breaking out from the handle. Our first big obstacle will be to get through 3.8$. Keep an eye on this one.
One thing to note here is that the price has been falling as well as the volume - thats a bullish sign.
Follow me for daily trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Money, Money, Money Must Be FunnyI don't anticipat a correction but if BTC gonna down alcoins down too. I set up my stop loss to 3.02. MACD say's there is an "Golden Cross" . Be careful.
Not financal advice. I am just potato and I can write and speak.
"Yazdıklarımın hiçbiri yatırım tavsiyesi değildir."
"yah nivesh salaah nahin hai."
"no asesoramiento de inversion I"
SXP 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Swipe cup & handleTook a position in Swipe which shows a typical cup & handle pattern. There are currently many bullish setups in cryptoland, but rather than chasing the ones that pump, go for the ones that are about to. This is one of them.
SXPUSDT Bull Run Not Over Yet!SXPUSDT (1H CHART) Technical Analysis Update
SXP/USDT currently trading at $0.96
Long Entry-level: Above $3.20 (only buy if 4h candle closes above the resistance line)
Stop loss: below $2.68
Target 1: $3.6
Target 2: $4.00
Target 3: $4.50
Target 3: $5.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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SXP printed an inverse head & shoulders.SXP printed an inverse head & shoulders. I am entering the breakout of the neckline & getting ready for another leg up.
SXP.USDT (Y21.P2.E1).Cup and HandleHi Traders,
This is an odd chart but the shape fits, it might be just that.
If you look at the rest of the history of this, its even more puzzling.
If this ever brakes the top neckline, this could be a huge opportunity.
We have the daily and weekly resistance level above.
Phoeix indicator on the daily is still below 50%
All the best,
S.SAri.
ATH NEXTSXP looks really good, one last resistance ahead (blue box), price needs to close and consolidate above, and I see almost no resistance for a new ATH.
This coin never had a proper bullish cycle and still looks in quite a early stage, so is a perfect pick imo. I'll be buying any pullbacks, aiming for those objectives in chart.
