SXP
SXPUSDT (SXP) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SXPUSDT is consolidating in an ascending triangle pattern.
- This is a bullish build up pattern.
- Price testing the ascending triangle's horizontal resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
- Projected ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
SXP/USDT Potential Triple TopSXP has seen some nice gain in the last couple of days. Since the crypto market is quite bullish right now, I expect it to stay like that for another day or two.
For SXP I expect that the first resistance, R1, will be reached soon. After that, the price will most likely reverse towards the trend line after which it will it will increase again. In case the triple top resistance gets taken out, expect the next resistance to be R2. Do your own DD.
Happy trading!
SXP CryptoCurrency Price consolidating below ResistanceSXP swipe cryptocurrency price consolidating below the resistance zone also cryptocurrency price holding the trend line support really good.
Trading Tips : trend line support is really handy tool in bull market for support and resistance trading.
Ichimoku cloud also turned green and looks ready to move. price can move really high once close above the resistance.
"Ichimoku Kinko Hyo, usually shortened to "Ichimoku", is a technical analysis method that builds on candlestick charting to improve the accuracy of forecast price moves."
You can buy SXP cryptocurrency token below resistance as long as price holding the trend line support .
after breakout of the resistance you can set stop loss at comfortable level. and keep manage your trade.
else you can enter when price make a breakout above the resistance
SXPUSDT UPDATE!!!!!!Hi Traders,
We're currently sitting own a 12% increase just today. No signs yet of sellers taking control. If this trend continues there will be a good entry for a short term long, if not look for an entry back to the downside once more selling takes place.
Thanks
The Market Sniper Team
$SXP/USDT 3h (Binance Futures) Head & Shoulders + Triangle breakSwipe broke-down that H&S and is retesting the neckline right now, I believe it's a good timing to enter.
If managed to break-out then red trendline and enter back inside the ascending triangle then we'd rather switch to long!
Current Price= 0.9360
Sell Entry= 0.9329 - 0.9569
Take Profit= 0.8769 | 0.8124 | 0.7371
Stop Loss= 1.0018
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.65
Expected Profit= +14.40% | +28.04% | +43.98%
Possible Loss= -12.04%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 120h
SXP DOT DASH XLM LINK DOGE CRV YFI NEO SUSHI statisticsOur active public activity began on 7 September, 2020. In 4 months we have created about 300 ideas and forecasts. Gaining a high pace of work, we decided to stop and sum up the statistics of our work .
In today's idea, we will show the TOP 11 of our ideas for all time, which worked out best and gave our subscribers the opportunity to become richer.
SUSHI. On 10 September, we expected a price lowering from $2.45 to $0.55. As a result, the price reached our target. Then began the aggressive growth of the DeFi token:
NEO. On 21 September, in fact, at the very beginning of the correction, we published the idea the NEO price fall. The price did not reach the global target, but for a long time consolidating gave the opportunity to take a position at a good price.
LINK. Also, the idea published on 21 September made it possible to buy a coin at local lows and catch growth of 86%:
SXP. We managed to identify a good entry point into the position, two months before the target. However, we think that this is not the end of the growth of this coin.
YFI. On 28 September, we published an idea in which described that we expect the YFI price fall by more than 50%. Exemplary working out of the reversal figure H&S:
DOT. In November, when DOT was just waking up, we managed to allocate a sales area and a new entry point to continue medium-term growth:
XLM. The same can be said about the XLM coin:
OCEAN. The protracted consolidation that is still ongoing in the market has been described in our idea with its clear limits:
CRV. The incendiary DeFi token of the Curve Finance project behaved quite technically at the end of November. As a result, we were able to find a range to buy with a target of 250%:
DASH. We managed to find a good trade within the global consolidation in the DASH market the day before the beginning of 60% growth:
DOGE. The hype and volatile project caught us by surprise. Though, we managed to find the entry point. The only thing with potential we didn't guess. He turned out to be much higher, what can we say here, Elon Musk tweets, it's a powerful thing)
Of course, stellar ideas must have their sisters - failed ideas . We think that we will definitely prepare a sample of our terrible forecasts)
Nevertheless, it is worth remembering that forecasts do not decide everything, but risk management. Properly assessed risks will not allow a negative scenario to affect your deposit . Successful analysis will make you richer. Get rich and subscribe to us)
P.S. Many of the listed our medium-term ideas had a whole series that you can see among all published.
✳️Swipe/USDT Analysis (15/1) #SXP $SXPSXP may not be able to rise in the coming days but will fall sharply from $1 zone to $0.6 zone and then rebound back to $1 zone and will rise sharply after February 12 (Lunar New Year).
If $0.6 zone continues to lose, it will slowly fall back to $0.4 zone, which is a good zone to buy.
📈BUY
-Buy: 0.55-0.6$. SL B
-Buy: 0.95-1$. SL B
📉SELL
-Sell: 0.95-1$. SL A
-Sell: 1.3-1.35$. SL A
-Sell: 1.65-1.7$. SL A
♻️BACK-UP
-Sell: 0.55-0.6$ if B.SL A
-Buy: 0.4-0.45$. SL B
-Buy: 0.95-1$ if A. SL B
-Sell: 1.3-1.35$.SL A
-Sell: 1.65-1.7$.SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"