Sxpshort
Potential Distribution FormingNice BOS on the 10/15m on SPX, if we see this turn into a distribution and continue to fail the highs/break the lows i'll be looking for sells on NAS/US30...
If this is a Sign of weakness now we should get a push down (Tricking the early sellers) before a liquidity hunt up wiping them out before the move continues down... (If this turns out to be a true schematic)
Will probably happen during NYSE open (If it does) Let's see..
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
#SXPUSDT looks prime for 400% Rally!Welcome to this quick SXP/USDT 1day analysis in the chart.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-#SXP/USDT looks triangle pattern create and 400% Rally confirms and long term hold!
Entry:-$1.140
$1.335
Target:-300% TO 400%
Stoploss:-$0.966
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of SXP in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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.
Thoughts about SXP/USD and other altsTake your money back and leave the shitcoin market if you haven't done it already.
Look at the Swipe, a poor situation, the same will happen for the rest of the hype altcoins this year.
As we said earlier, the altseason is over.
Swipe is now heading towards its starting point, around 80 cents. There is a possibility of a technical rebound from current prices, but you shouldn't take it seriously.
By the way, the ATS strategy took its profit without any doubts.