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Sxpanalysis

SXP / USDTSXP / USDT In late may SXP lost uptrend line as a result it dumped hard Finally we see some action of bulls at weekly demand between 1.9$- 1.67$ I really like the project in long term but when coin dumped by more than 50% we cant expect it go up fast again it need some sort of long time of accumulation first Expectations : sideway movement ...what i hope bulls hold weekly demand and bulid base Support here before moving up Things can turn very bearish if we lost weekly Support by weekly candles ..in which mean more dump to past accumulation zones Good luck
by Babenski
18
SXP is free Bird to fly now !!Hey guys welcome for a fresh update on SXP -------------------------------------------------------- SXP now enters Price Discovery Mode -------------------------------------------------------- As Swipe has very good ecosystem and Looks promising token as it has benefit over other token It can be used for fiat as well as Crypto ( Digital ) Where its standing today ? SXP has came a long way up and we already had good gains on it.. Now SXP enters Price Discovery mode breaking Standing at top of its peak And Can Go Mad from Here !!! So bags must be filled between $4.5 - $5 And I recommend Not to take any profits below $9 I hope its beneficial for you !!! Don't Miss Out on it.... Give a thought to it and manage your risk carefully... Let me know whats your target and suggestion In Comment Section Will Be back with another Premium Analysis in the mean time.. -------------------------------------------------------- Thanks for reading... Give us a THUMBS UP if you like it... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
Long
by Husain_Arkghazi
4
SXP - 6h. What do buyers need for a test of $9?The SXP market has been behaving quite technically lately. Our global idea , which we published on April 8th, works great: As we can see from our last idea, sellers managed to test the critical level of $2.65. At this mark, we see that the SXPUSD price has reversed. Even large volumes did not help sellers to make the correction in the SXPUSDT market deeper. Thus, buyers have proven their interest in continuing the upward trend. If we analyze the daily timeframe , we can see that the prospects for continued growth remain large: But to realize this prospect, buyers need to pass the difficult liquidity zone of $4.9-5.2 . As you can see in the chart, buyers are trying to take control of this range for the third time. The fight for this price zone has been going on since August 11, 2020. This range is a historical high, which buyers cannot confidently update. Taking this fact into account, we do not exclude anothe r local fall wave. This correction should not fall below $2.65. The end of this correction within the current consolidation will be a good signal to buy this coin. However, if buyers do not allow the current wave of growth to stop, we should expect a breakout of the $4.9-5.2 range and its local test. It is in these two cases that we are ready to buy this coin. And now it remains only to wait, which of the scenarios will come true. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
49
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 12H Earned, it's time and honor to have, the final chordHello, today is the time to update the idea for SXP since the H&S pattern has fully worked out its potential. We described in detail about the H&S and goals for growth in the previous idea, who believed and used it - made good money. Now what? Now the price of SXPUSDT is approaching the levels, where the time comes to fix your longs a little bit. I n the area of ​​$3.60-4 , a protrade is possible, the logical completion of which will be an impulse. We are not psychics to clearly name where the price will move next, but we recommend that you closely monitor the price behavior in this zone. The impulse can equally shoot up by $5 and down to the area of ​​$2 The absolute maximum of the SXPUSD price passes about $5, and so far we cannot believe that the maximum will be updated the first time. Now, in our opinion, a deep correction is more likely. _____________________ 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
11
SXP - 4h. Good chance for 20% tradeAn interesting situation in the SXP market. On January 27, buyers aggressively attacked the range of $1.24-1.27 . As you can see from the volume and number of attempts to break through this range, the plans of buyers were serious . It took several days for buyers to buy out the entire offer on the market in a narrow consolidation. After a local test in the range of $1.24-1.27 on February 2, the buyers proved their strength and are ready to push the price higher. At the moment, the SXP price is in the consolidation channe l. If buyers can consolidate above $1.55 , we will see a sharp rise in price by 20%. The main goal is the range of $1.74-1.8. An interesting fact is that we wrote about the growth of this coin much earlier in our global idea: _________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
26