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SXPUSDT

SXP/BTC (Strong Selling Pressure)💎Technical Analysis Summary💎 BINANCE: SXPBTC -SXP broke its immediate support area around 8400s sat -We can see the daily candle is extremely Bearish -The potential downside target is around 6000s sat -Please don't try to catch a falling knife -Wait for any sign of Bullish strength before opening a trade A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
5
SXPUSDT 1D - At the ground floor! Basement? Or going up?SXP is potentially at it's bottom support. At least as far as historical data goes. We see volume has absolutely tanked as the price has been consolidating down, constantly bouncing off the yellow support zone. A couple volume spikes notably on green candles. RSI is very oversold. MACD is fighting sideways. I think the earlier volatility followed by the sideways movement has kind of paralyzed this indicator at this moment. Wait for a confirmed breakout direction. As volume is at a low we're likely to see some increased pressure in one direction or the other in the coming days. If we're heading up, TP's are in green, the yellow fib is possible bounce point on short term breakout, and the Purple (Violet? Pink? magenta? your guess is good as mine fellas) levels are long term potential tp's. -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
by cryptosince1963
1
Swipe SXPUSDT - Elliott wave + parallel channel, Ultimate bottomParallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliot wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update...Also, price around 1 USD can be ultimate bottom for this coin. If you like this technical analysis, please hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Long
by UnknownUnicorn2537518
42
Swipe SXPUSDT - Descending triangle, very bad!Swipe is currently forming this descending triangle to the downside, that is nasty. If you take a look at Bitcoin dominance chart (below), you can see Head and Shoulders pattern. I think Swipe definitely have some potential, but for now, we need to wait for a better price in the future. Bulls cannot hold any of previous supports and selling pressure is increasing. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Short
by UnknownUnicorn2537518
13