SXP LONG TRADE 20201109Symbol: SXPUSD, SXPUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes:15M - 2H
Signal: Blue -> Green
Context: Light Green
Target: 1.14
Stop: 0.9259
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
SXP
✳️Swipe/USDT (2/11) #SXP $SXP #SXPUSDTSXP just formed a Doji candlestick at 0.8-0.85$ and this zone has stopped the decline of SXP so over the next few days, SXP is likely to have a rally and target at 1.1$ and 1.4$.
If the SXP continues to fall out of this 0.8$ zone, we will continue to wait for it in the 0.6$ zone
📈BUY- LONG Strategy
- Buy: 0.8-0.85$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 1.1-1.15$. Stoploss if A
- Sell: 1.35-1.4$. Stoploss if A
- Sell: 4.4-4.5$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 0.8-0.85$. Stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP 12h. Thinks where next: up to $1.80 or down to $0.61This idea is a continuation of the previous idea , which worked out pretty well.
When the price fixed below the level $1.10, then moved towards the lower target $0.61.
But, on 3 November, the Swipe team published a report on the work done for October, and on 4-5-6 November, they published new developments and project upgrades.
In addition, on 3-6 November, BTC made a leap up +20%.
This mixture of news and events stopped the fall at $0.715 and turned the price upwards by +65% to the current indicators.
In the zone $1.10 -1.30, it will be decided where the price should move next:
- Fixes above the zone, then will open the path for growth to $1.80
- If sellers become active in this zone, then the fall may continue to the previously calculated level $0.61
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Swipe SXP / USD - Swing TradeOscillators indicate buying signals for Swipe on the SXP/USDT chart on the 1D and 3D TF.
It seems like Swipe is stabilizing around current price levels after this hard correction and that it may close the day with a Doji reversal candle.
There is strong bullish momentum building up which could result in a pump up to ~ 30% (entry between 0.7600-0.7555).
Swing Trade SXP-USDT (R:R=1.4+):
entry@ 0.7600-0.7555;
TP1@0.8548;
TP2@0.999;
(TP3@1.189);
SL@0.6848 (SL timeout = 8700s)
I´m not a financial adviser. For educational purpose only!
SXP500 : need some retests before ATH ! OANDA:SPX500USD
Hello everyone😃
On short timeframe, SXP needs to cooldown. Also there is a resistance which make it easier for correction !
Even on technical view, We touched BBs upper many times and BBs basis supports movement.
On other side we had bearish crossover on Stochastic RSI and MACD is being bearish...
So we need to touch EMA 200 and BBs lower for now ( on 1H timeframe ) after it, if SXP make a Pullback from support, Then we can some predict on SXP.
By the way MACD Is still bullish, as we are on Bullish side for MACD there's possible chance to break resistance.
SXP AREA OF INTEREST IF YOU WANNA MAKE A GOOD FORTUNE BY HOLDINGNothing much here ALTS still looking for a bottom SXP for example 0.35-0.55 is your ticket to financial freedom. You can buy at 0.7 and hold you still win BUT this is the best entry point. If ever targets are reached even if it may go down to 0.2 it doesnt matter your in good hands in your entry price.
✳️Swipe/USDT (26/10) #SXP $SXP #SXPUSDTSXP just broke the 1$ support zone and the situation is pretty bad.
However, there are still a few scenarios for SXP that we should follow
1️⃣ SXP rebounds from the 0.9$ zone and continues to rise to 1.4-1.5$
2️⃣ Continuing to break out of the 0.9$ zone, the upside target will be 0.6$
SXP (swipe) watch out for the reversal !!!My 2 cents' worth on SXP (Swipe)
A lot of people got rekt by Swipe with their poor support and Binance with their staking rewards and keeping the price low when it comes to the SXP (Swipe) project.
But, I never believe that this is the end of SXP. Binance has a majority stake in Swipe and Swipe will deliver the Binance VISA card.
When a new coin is listed the coin got hyped and a lot of unknown people are getting in at high prices while the whales already be in there. At that moment the wales are selling and everybody else got rekt. Other examples are Sushi, FileCoin, YFI, etc...
The good projects will stay around and make the reversal. I think Swipe is one of them because they are backed by Binance.
Now, if we look at the chart we can see a double bottom. So I personally think we could see a strong reversal here.
SXPUSDT clear breakoutSXPUSDT is looking good. SXP breaks the downtrend line and retests it. The coin tests the major support zone and bounced back instantly from there. SXP has major news releases in the coming weeks. Charts look good and positive news will do the rest of the work.
Buy Zone: $1.14- $1.15
Targets: $1.3 - $1.45 - $1.75
Stop Loss: Below $1