SXPUSDT
#SWIPE #SXP my Exit Target @ $7.2SXP is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH.
So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels.
That said, I'll have 1.618 FIB R level to be my target roof at $7.2 while it has all the potential to continue north from there... but that is a risk that I don't intend to take.
NOTE
CRO is closing towards 1.618 FIB Level, which seems to be this quarter top for most Alts. SXP (CRO competitor) didn’t nudge yet. Don’t expect Binance will let it sleep for long.
SXPUSDT 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: 3.8 - 3.3
TP: New All Time High ( 6.35 ) - Could be changed if higher than expected when updating the trend
Estimated Profit: Average 80% - Lowest 60%
...............
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.
SXPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has started to move upwards after the formation of the twin bottom.
If it overcomes the resistance ahead, then it can move towards its target.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
SXP - RETESTSXP could be on the verge of making a nice move up. We recently broke the descending trendline and we are retesting the broken structure and descending trendline.
Trade idea:
Watch for a bounce off the structure and get in with stops below the structure.
First TP: Previous highs (2.60)
Second TP: Structure level indicated on the chart (3.40)
100% SXP profitThis is just my opinion, please do not buy and sell with my analysis -
My friends, I think Swipe will have a good foundation in less than a month, so be sure to check it out
Analysis : There is a significant divergence in MACD and RSI
And break the trend line
Everything is visible in the image
- Don't forget to like
SXP-USDT Breakout ConfirmedSXP Breakout has happened with above-average volume in both 4hr & 1D charts. It seems that price action has retested the down trend line as a support. Keep your Stop loss around 1.95$ Area. Targets have been marked in the chart. But BTC should Co-operate for the trading setup.
SXPUPUSDT BULLISH SIGNAL UPDATE!As you all know, SXPUP is not performing well from last 7 weeks and according to the Chart patterns, BULLISH TRIANGLE is formed, Breakout formation is also nearly there and also indicators e.g. RSI showing bullish signal.
DYOR Before taking trade, as I'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Duration:
Short-Term (2 - 3Months) Trade.
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d