SXPUSDT
SXP Possible move's in short termCurrently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities
Falling wedge idea Entry: $2.203
Stop loss: $1.335
Take profit: $5.225
2 day MACD bullish signal cross.
SXP - Target $1.6While BTC Conducts its support TEST I'm expecting SXP to do the same.
SXP seems to be pretty controlled so not expecting a clean test. $1.6 is my target but may extend down to trendline support again, especially with the weekend upon us.
Be, HF
LONG_TERM_SHORT_SXPUSDT1. Short entry.
2. Selling zone : 1.75xx-1.94xx.
3. TP1 : 1.65xx.
TP2 : 1.45xx.
4. Stoploss : 1.96xx
5. Should set-up low leverage.
***MINERAL SCALE INVESTMENT***
***VIKTORTEA***
SXPTRY(USD)-2-we are going to see a bearish rectangle pattern for daily analysis
stay tuned and don't miss it
SXPTRY(USD)-1-Well Done!
As I told you the pattern is just completed its shape and we gain meaningful profit.
see you at the next analysis
⚡️US500 (S&P) - Sell TradeLooking to see a collapse from this point.
Ideally, the price should come back to mitigate some of the losing positions as well as capture liquidity from the low.
A possible RSHSHi traders,
The gray area is a possible buy area. If the price hits the crossing point of the red line and gray area, I am gonna buy relatively high amount with 1.5% Stop-Loss.
You can look at the news of SXP in short term: coinmarketcal.com
( I failed to give a direct link to the news of SXP. By clicking on the link and choosing SXP in coin section, you will be able to see its news )
With this news, and this price movements, we may make 30-50% profit in spite of this bearish market.
Stay Safe.
Hey SXP, feel free to continue the decline, I don't mind...The price of SXP is between two strong daily S / R zones.
At the same time, we are below the TL signaling the Down trend and also below the EMA Daily 200, which also indicates the downtrend.
However, the current support has already tested 3 times and stopped the falling price. This may signal an upward reflection to test the trend line.
The most important thing is what happens inside the current hourly candle. We can find out if we switch to a lower time frame.
Ideal for entry according to our Price action strategy is the time frame M15, where we evaluate the current situation and decide accordingly whether to trade SXP.
SXP/USDT TA Update #SXP/USDT Chart by Request :1
$SXP currently trading at $2.03
And $SXP only bullish if break out this red Resistance cluster.
Resistance:- $2.26
But below $2.26 is bearish.
So Now Market is no trade zone.
We will open any fresh trade after market settle.
Support:- $1.81
Resistance:- $2.26
Retest almost completed SXP broke out the trend and doing the retest. When it is done ready for bull.
SXP / USDTSXP / USDT
In late may SXP lost uptrend line as a result it dumped hard
Finally we see some action of bulls at weekly demand between 1.9$- 1.67$
I really like the project in long term but when coin dumped by more than 50% we cant expect it go up fast again it need some sort of long time of accumulation first
Expectations : sideway movement ...what i hope bulls hold weekly demand and bulid base Support here before moving up
Things can turn very bearish if we lost weekly Support by weekly candles ..in which mean more dump to past accumulation zones
Good luck
(Update) SXP/USDT has done the expected movement. what's next?Hi every one
SXP / TETHERUS
as you can see SXP/USDT has broken the Dynamic resistance which we talked about not long ago! the Dynamic resistance is now Dynamic support! so the price is more likely to stay above this support and continue the bullish movement!
previous Analysis:
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
sxpusdtsxpusdt facing the 200 Ema Heavy resistance in the 2.4 to 2.5 . Also this resistance is weak enought to be break easily next resistance is in the region of 2.7 to 2.75
SXP Coin Consolidates Above $2.0 Since Start Of The MonthSXP coin price traded at $2.08 with a gain of 8.1% in the last 24-hour and 10.5% up in the weekly time frame. Furthermore, SXP sustains above the mark of $2.0. In contrast, the market capitalization stands at $200 Million. Technically, investors can perceive a positive slope in RSI. The price is moving below the EMA-200. Besides, shallow volume is maintained in the coin. Moreover, the price move can be towards the EMA-200 of $2.65 in future trading sessions.
