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SXPBTC

SXP/USDT descending wedgeFriends, greetings to all. I want to share my thoughts about the SXP crypto asset . From February 2021 to the current moment, SXP is consolidating within the framework of the "descending wedge" formation, which presupposes an upward breakdown. My expectations are to see the SXP increase by 600% from the current to the dynamic resistance line, the test of which occurred in May last year, and even earlier in August 2020. The chart to BTC is considered as a confirmation. On which consolidation in the previously untraded range is clearly visible, the current formation resembles an "inverted head and shoulders", which also presupposes a change in the trend towards growth. If you liked this idea, please like and subscribe, get in touch. :)
by Greenload
5
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 AlanSantana
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 $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
SXPUSDT - BULLISH SIGNAL UPDATE!!As you all know, SXP is not performing well from last 5 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. SXP has announced many (revolutionary) upgrades pending for their block-chain. Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss. RISK FACTORS: Market/ BTC CRASH Signal Strength Ratio: 65% Happy Trading :) Good Luck! If you like my idea, please support: Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
Long
by SignalSpot
SXP POSSIBLE LONG & SHORT SCENARIOSXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into at least $500 before EOY. Sidelined since the start of september. Stay Safe folks and don't FOMO.
by RektMyMom
3
SXP/USDT 2 HOUR UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . SXP/USDT lying on a strong support level or about to make triangle . Entry: $2.32 to $2.28 Targets: $ 2.46 $ 2.55 $ 2.69 $ 2.9 Stop Loss: $ 2.2 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
SXP/BTC buy opporunityHi followers, BINANCE:SXPBTC completed a big regular flat on a higher timeframe, which suggests now a reversal to the upside. The pair bounced off an important area of support, followed by higher lows and a retest. More upside expected. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only
Long
by FradkinXBT
SXPBTC Testing Support and Into A New ATH After Correction EndsSXP Uptrend Looks fine, a Few Tests for Support levels are needed every once in a while, No technical marks indicating a freefall. Trade Infos>>>>> Trade Type: Swing Average Time: 1 Month Wallet % : 10% Entry Area: 8000-6000 ( Satoshi ) TP: New All Time High ( 10250 Satoshi ) - Could be changed if higher than expected when updating the trend Estimated Profit: Average 60% - Lowest 40% ............... Notices: 1- Sticking to instructions is better for maximizing profits. 2- check the trade type and average time... If you are not patient ignore this trade. 3- Stop Loss isn't required since we are in a bull run and Targets will be reached eventually. 4- If you are willing to take the trade with more than 10% of your wallet .. do so at your own risk ( mentioned Percentages are recommended ). 5- This is not a Self-Biased thought... it's an Analysis based idea.
Long
by Momo47SA