SXPUSDT
SXP/USDT 120% potential from here...? Fresh entry..?#SXP/USDT TA update:-
$SXP currently trading at $4.123
And You can see good bounce back from $3.90 support level.
Now...?
I am buying here some $SXPUSDT
Fresh Setup:
Entry:- $3.90-$4.120
Targets:- $5.20/$9.120
SL:- mentioned in chart.
Support:- $3.90/$3.50
Resistance:- $5.20/$9.120
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SXPUSDT LONG "repeating waves"symbol="BINANCE:SXPUSDT"]BINANCE:SXPUSDT in daily chart :
In March EMA 50 was its support but in April chart has broken it down and EMA 100 played as the support. Today EMA 100 didn't let the chart decrease more.
If u look carefully, you will see the repetition of waves. so it's going to repeat its last wave and rise to 6.54 and 6.93, 1 and 1.13 fib at the top of the channel.
SXPUSDT LONG "repeating waves"BINANCE:SXPUSDT in daily chart :
In March EMA 50 was its support but in April chart has broken it down and EMA 100 played as the support. Today EMA 100 didn't let the chart decrease more.
If u look carefully, you will see the repetition of waves. so it's going to repeat its last wave and rise to 6.54 and 6.93, 1 and 1.13 fib at the top of the channel.
Alternate CountThis seems like a possible count.
$2.60 is the level that Must Hold for this to be right.
Like I said before, I am not selling my coins that I bought at $5
And I will buy a LOT more if it goes to $3!
xD xD xD
Curious about the big volume in this consolidation though, which is part of the reason I don't want to sell. Large volume usually indicated a wave 3, which could mean we are already in the next uptrend and don't know it yet.
Hence, HODL and buy the dip.
Just my opinion though.
SXPUSDT Falling wedge patternThe SXPUSDT is at the stage of forming a falling wedge pattern, so the successful formation of this reversal pattern will indicate the end of a local downtrend and provide a low-risk opportunity to open long positions.
Huge Profit PotentialThis trade is going to be huge on the upside in the end and might already be starting. We may get one more wave down though so don't get freaked out if that happens. That fib suport of 0.618-0.65 should act as really good support. So if THAT fails, then maybe something's wrong with the count.
Honestly super happy with this chart pattern.
If this doesn't work out I'll have to hang up my hat.
Not financial advice. Let's call it a really really big hunch.
SXP - Looks weak! (As you asked)The is a support area holding the price up but the demand volume isn't that high, so there's a possibility of more correction.
Short your positions if it crossed the support area with a dump confirmation.
However, if the price pumped up and crossed the resistance area, open long positions and aim for those 2 Targets based on your risk level.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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SXP/USDT great bullish potential!Hi every one
SXP / TETHERUS
SXP/USDT has formed a reversed head and shoulder so this means after the breaking of the neckline the price can increase as much as the measured price movement which is as much as the length of the head! we just have to wait for the price to break the neckline!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea
Have a nice day and Good luck.
Long Term Perspective.A break into the $5.50-$6 dollar range is a major buy signal.
This think could explode like BNB.
They have already hooked up with VISA, Mastercard, Apple Pay, and Google Pay. They are going to push this card out all over. I want one for sure.
This could be a dream maker, Fingers Crossed!
Not financial advice.
inverted hch on SXP and go back to highsSXPUSDT movement for next days.
An invalidation will be a flip R/S and going to brake the trend.
But i spect another dump for BTC. Thats looks primed for me.
-Manekox
SXPUSDT maybe I WRONGES, this level by Fib and Trend BRIEFLYDaily Fib and Week will follow on crucial 50%
THIS 4H for action price coz BTC will go down and CryptoCap going down briefly before 2T altcoins round 2
$SXP is ready here with many others #Swipea perfect 1:1 abc correction swiped the lows and almost touched the GZ of the subwave 1. This was one of my previous options and with the rejection at the top of the subwave B and selling volume coming expected this BTC driven drop. There might be one more leg down but I dont see it going lower than the GZ highlighted. BTC can go into lower area as well.
More importantly this is a perfect buy zone for SXP, and if it again touches the lower 4s its a no brainer buy into imo, with little downside risk. Potential is to the tens of highs could be significant from here.
I expect a wave 3 from here in an impulse turbo mode.
