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SXP

SXPUSDT Retracement In Play, Get Ready! 📉SXP is bullish this month. Keep an eye on it. Moon Cup formed on the daily or otherwise called Cup-and-Handle . Then a huge parabolic move, close to the ATH of $5 . Bulls failed to push higher beyond known Resistance of $3.5 area. Bears took over for a ride down. Though after the latest rally, it is crypto-logical to see a retracement before returning to hit ATH . Support levels on the way down at $2+ and another near Pivotal zone Death Cross already in play on EMA, 1H. I expect a bounce from Yellow Zone , near 618 Fibonacci. If broken, we go lower near Red Zone except Bulls show great courage. You may set buy entry near the zones, employ DCA in your buying strategy. I have my trap at $2.53 . if it drops lower, I will buy more using DCA . SXP was moving irrespective of BTC , hope to see more of it again. Follow 🚶 Like 👍 Share your thoughts !
Long
by CryptonKidd
3
SXP 12h Where will the price move next: by $5 or by 1.30I n the previous idea, we warned or even wrote directly that it was time to take profits for longs. Literally after that, the price of SXPUSDT dropped from $3.70 to $1.70 in a few days, which is a hard -50% Now the SXPUSD price has again approached the $3.60-4 zone Again, you need to closely monitor the price behavior. A 1-2 day consolidation above the $3.60 level will give a chance for an impulse up to $5 per SXP However, if we see false breakouts of the level on the chart again, like last time, then the price of SXPUSDT will first go down to $3.00-3.10 And below this level, a way will open for a fall to $1.3 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
28
SXP/BTC - ascending TRIANGLE ( UPTREND ?)Hello everyone, analyzed the SXP/BTC pair an ascending triangle is visible on the trading chart. Possibly - not excluded - this is an expanding rising wedge. To understand this and take the correct position, you need to wait for the breakdown of one of the levels (red line) - support Or resistance and support levels - if a flat range is formed. View position, only after confirmation + Volume RSI indicator - Looks very bullish. Go to my free channel and chat with other traders. Link in the description "This is just my opinion, trade with your trading system Have a nice day and come back again." Write your opinion, whether there is a place to buy here, and open a long position
by CryptoJaegerB
1