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SXP

Good Risk/Reward SituationSXP looks really interesting here, and if you're a gambler, this might be a bet worth taking. The bearish case is that we have a large Descending Triangle. The bullish case is that we have Extreme seller exhaustion and may soon be printing bullish divergence. It's important to point out that while normally I would look at seller exhaustion as being a good bullish sign, *extreme* exhaustion can actually be a bearish sign as it can indicate that demand has all but dried up. However, in this market, a small-to-mid cap coin with dried up volume can be very tempting for speculators as it won't take very much volume to generate huge volatility. I think this is a gamble that could pay off big and might be worth a small position here.
Long
by mercury_rising
SXP/USDT : One of the coins to buy in the major dip ! BINANCE:SXPUSDT [/symbol Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #SXP has been struggled so mush in many descending channels. Now there're two sets of major bearish channels in play and the majority would be bearish too ! But considering the liquidity pool at 36K on BTC as our last deep and a proper relief to +56K; I would add #SXP into my holding bag for sure. The lower Daily Demand looks very stiff and breaking below it won't be easy for bears with #BTC being tighten in downtrend movement ! 📚 However I would set an invalidation as any breakdown confirmation below $1.200 and the entry should deep down near $1.300.. - The suggested portfolio engagement is 3% as maximum pool and it's better to catch some of the profits in movement. The lower Demand could support the pair to break above the smaller descending channel, But still there will be a huge sell off event near above $2.200. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
39
SXPUSDT Daily TA : 01.10.22 : $SXPAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
SXP near to break out or rejection#SXP/USDT $SXP is above long term support zone and a weekly candle break out from descending resistance line, to make sure about the break out better to wait break out of last descending trend line that is the same with resistance zone around $2.2 and $2.5 if bulls success to break out form this zone, price will increase toward resistance around $3.5 and if want to touch the target of triangle it can touch $7 and $7.5 in long term. but if price reject from current resistance zone it can break the support zone and drop to $0.98 and $0.83
by parissap
1
SXPUSDT Daily TA : 01.01.22 : $SXPAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 01 . 01 .2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
3
BINANCE Bought Leading Crypto Visa Card Issuing Platform SWIPE !Binance Announces Swipe Takeover! Swipe is the industry’s leading cryptocurrency Visa card issuing platform that enables users to instantly spend cryptocurrencies at over 70 million locations worldwide. All current SXP utility will remain unchanged. I think this is the beginning of something big! they want to build a rival for CRO. CRO has a mk cap of 14 Billion while SXP only 400 Million at this point. I think upside potential for SXP is huge from here: 35X just to reach the market cap of CRO!
Long
by TopgOptions
2
Swipe 888.8% Potential To All-Time HighWe just looked at Swipe (SXPBTC) short-term potential by reading the daily TF chart. Now, let's look at the long-term chart (weekly TF). We can see this weeks candle moving above EMA10 for the first time since August 2021, when SXPBTC bounced above EMA10/50 just to move lower. The chart looks better now compared to Aug. since we are coming out of a new low; a higher low looking back at Jan. We are aiming for a higher high next. The weekly candle closes in 2 days which will confirm the break of EMA10 as resistance. The next barrier is EMA21 at 0.00004411, this level is likely to be conquered this same week. EMA50 at 0.00005672 is the main resistance and another rejection can happen higher. But, since we have a higher low, EMA50 is likely to give in to the bulls. We have over 888.8% potential profits from the current price to the All-Time High. This is pretty nice. It can higher of course but we are not greedy... So we focus on some conservative targets and rejoice if it goes higher than our initial goal. I go for 50% mainly on longer trades, but also 100%, 200% and beyond. In some cases, I aim at 500% or more... What I learned through the years is that it can take a long time to reach such great returns. This is not financial advice. Thanks for reading. Come back again. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
2
$6 SIX DOLLAR SXP STILL A POSSIBILITY!TL;DR -Watch for restest of horizontal support -Target $4.19 as first target( sell initial investments) -Watch for succesful retest of D1 resistance or purple trendline and add to positions -Target trendline resistance as second target ($6.5+) As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long term. However, Bitcoin seems to have crashed that party and had our idea invalidated/delayed in the process. Not to worry. In this Idea I will show you levels I'm still watching for the "dinosaur coin" (as one of my comrades would describe it) Diving into the chart above, we can see that SXP has strong resistance at the $3 level and $4.19 level and even got rejected several times at those levels, but i failed to point that out in my last analysis(which is linked below btw). Furthermore, we seem to have formed a strong support level at the $1.27-1.3 area with multiple wicks below. Looking at the dotted trendline (our major trendline when plotted on a log scale) seems to be where price bounced off most of the time, but now it has been breached due to recent events. Plotting a second trend line on a regular scale (lower black trendline), we see price seems to have formed a new trend support and aligns perfectly with our support region @$1.3 levels. Zooming in, we can also notice that a range has been formed within our resistance and support levels ($1.27-$4.19). Also everytime we touched the lower trendline, we managed to make it back to the higher resistance trendline at ath levels, but the move back in may only touched horizontal support and not the lower trendline, hence $4.19 coming into play for rejection. Main Trade Idea: Watch for a retest of the $1.3 area(or enter now if it suits you) and Target $4.19 as the first target to sell half of your holdings or your initial investments (whichever one you prefer) and target trend resistance as the second target (around $6.5) On reaching the first target, you can watch for a retest of the D1 resistance and see if we get and S/R slip there to add to your positions, or wait for a retest of the purple trendline breakout. As always, if you agree with this idea, comments and likes are a great feedback.
Long
by RektMyMom
10
$SXP PERP WAITING FOR A LONG POSIt is unclear what BTC will do, so it is risky to open a long trade right now, I will use the Inverse Head and Shoulder Pattern as an opportunity to open a long trade, which might form at the bottom, if the prize drops between $1.40 - $1.50. Even though the formation target is $2.11, I set $2 resistance level as my target. Good luck to everyone in their trades. BTC nin ne yapacağı belirsiz, o yüzden şu ara işlem açmak riskli ama ben BTC 48000 üzerinde tutunacağını düşünerek SXP nin $1.40 - $1.50 arasına geri çekilmesi ile dipte oluşacak OBO yu long işlem açmak için fırsat olacak kullanacağım. Formasyon hedefi $2.11 olsa da öncesindeki $2 seviyesini kendime hedef olarak belirlerim. Herkese işlemlerinde başarılar.
Long
by alplaila
SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle. Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III. After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction Once wave IV is done, potential price target is $89! Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well. I am a firm believer of this project and do think it will pull similar price actions to that of BNB. Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already Below is a realated idea explaining the ACBDE wave structure.
Long
by RektMyMom
SXP/USDT SXP$Sxp/usdt Long direction Futures/Spot Spot buy :- 10% For market price 30% at 1.38$ 60% at 1.14$ Sell :- 2.3$ , 3.9$ , 5.4$ , 10$. Sl :- no need for long tem holders 0.95$ for midterm holders . Futures: - Buy :- 1.38$ - 1.14$. Sell:- 2.3$, 3.5$, 3.9$. Sl :- 1$ LEV:- 2x-3x only with tight sl SXP$ is strong fundamental coin and backed by ftx ta looking good and rsi also good thats to in the major sujpport area accumalate if you want. NOTE:- invest only what you afford to loose and this is just my view please do your own research.
by Alexanderaravind