Sxpidea
$SXP Trade Idea with Buy Zone and Possible Targets!Hi Traders,
$SXP had a good pump after the news, they're moving to their own Blockchain "Solar", Keepin the #SXP as the Project Coin!
What I suggest is to NOT enter FOMO Please, wait for a retrace to the mentioned Buy Zone and USE A STOPLOSS 1 DAY CLOSE BELOW 0.99$
Entry can also be made with a Stop Limit Order at 1.64$
Targets are:
1.84$
2.34$
NFA, DYOR, and Good Luck.
Remember: Never Use More Than 5% on Any Trade, and Always use a StopLoss.
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 :)