SXPBTC
Swipe SXPUSDT - Elliott wave + Descending channel- Swipe is going down, there are no buyers at all
- This coin is on all time LOW pretty much, so i cannot see any potential for an immediate short term
- You can buy at 0.5 - 0.6 USD later
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Swipe SXPUSDT - Descending triangle + out of control- Bulls run away from this coin right now
- Descending triangle or descending market structure is confirmed on the chart
- You can sell SXP and buy lower, or short the coin on any crypto futures market
- If you feel uncomfortable holding this coin, you should listen to your body
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Swipe SXPUSDT - Elliott wave + parallel channel, Ultimate bottomParallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliot wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update...Also, price around 1 USD can be ultimate bottom for this coin.
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Swipe SXPUSDT - Descending triangle, very bad!Swipe is currently forming this descending triangle to the downside, that is nasty. If you take a look at Bitcoin dominance chart (below), you can see Head and Shoulders pattern. I think Swipe definitely have some potential, but for now, we need to wait for a better price in the future. Bulls cannot hold any of previous supports and selling pressure is increasing.
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SXPBTC - In the buy zone AGAIN. Potential Breakout Incoming!SXP is back in our buy zone. Gonna keep this short and savory.
Last time it was here we got a 50% bounce up to the next fib level. I suspect we could get a little higher this time as behavior has been bullish despite declining prices..
We're currently trading in a descending channel. Right at the top of the channel.
This is a nice spot to be: we're either gonna fail the retest of the bottom support of the yellow buy zone #1 and plummet to buy zone #2 (not marked on this chart to keep it tidy. check the old one if you want to see it.) or bust out of the channel and turn bullish again.
Wait for signs of a breakout in this scenario. We're literally right there.
TP is marked on the chart. SL below current buy zone. We've seen 2 successful retests that haven't faltered below the buy zone, the chances of having a retest fall far below it and correct are slim.
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Swipe SXPUSDT - Detailed Elliott wave + 0.618 fib supportSwipe is currently in the C correction wave, it should be finished at 0.618 fib + horizontal support from previous swing. It also depends on bitcoin. As you can see my Elliott Wave count, the next wave is the 3rd Impulse wave, which is generally the strongest one.
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Swipe SXPUSDT - Elliott wave + 0.618 fib first targetThe Elliott Impulse wave is in progress right now. I expect one more wave to the upside, then sideways for a while. 0.618 fib and horizontal resistance may be a good profit target for traders. As long as this trend line holds - it is fully bullish.
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SXP/BTC (Test Key Trendline Resistance?)💎Technical Analysis Summary💎
BINANCE: SXPBTC
-SXP retested key support area and may have found support again
-This is good in the short term Bullish action
-But the midterm trendline resistance is still there
-We can not ignore this potential strong barrier
-Because the Bears can easily enter the market
-If you want to enter on a safer approach
-Please wait for a trendline breakout
-And wait for support retest after
-Upside target is up to 20ks sat or higher
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Swipe SXPUSDT - Elliott wave + falling wedgeImpulse Elliott wave completed to the downside very nicely. If you take a look on weekly candles, u can spot a massive bullish hammer. I expect massive gains for this coin, first target is 0.618 fib. Also as you can see, the price bottomed out on this falling wedge pattern.
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SXP/BTC BREAK THE LINE a.k.a BREAKOUT================ BINANCE:SXP/ BTC ================
SXP/ BTC breakout the line
SXP HIT THE BREAKOUT LINE
maybe it's time the WEAK UP
pottential long 89,9 %
the reason
1.sxp cross the falling wedge
2. sxp in support major
3.three soldier chart and bullish engulfing
let see
maybe tp 1 in 17548
tp 2 :21000
tp 3 :26600
tp 4 : 30254
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Swipe SXP - Elliott Wave + parallel channelParallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliott wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update...
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