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SFP / TetherUS PERPETUAL CONTRACT

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SFPUSDT.P trade ideas

My first Idea and my first Chart.. SFP/USDTMy first chart after making some progress studying technical analysis ...... The analysis says if SFP nearly gonna hit 2.6907 as a support area and if it goes down it will hit another support area which is 2.6432.... SFP has 2 chances... if the rebound goes through the first station it will hit 2.78 Which is a friendly area and goes on, if a rebound happened through the second station it will be harder and take more time although if it goes down from that point it's the start of a short-term bearish trend. Entry recommended: 2.64 exit point: 3.13 Preferably: 15% of total wallet. After all, I could be wrong so don't be too cruel, I'm still new to this, and I need the advice... it will help me a lot... Thanks and happy shopping.
Short
by Momo47SA
11
SFP/USDT - Buy, Hold, Gains! Short/Mid-Term Breakout.Hello Traders, We have a newer coin that was recently added to Binance. As well as some new pairs added to Binance, BTC & USDT. Positive news about the company behind their two hardware wallet designs. Their App is pretty decent which is connected to the hardware wallets, I think after fixing some of the customer issues that have been left in the reviews for the company, they will soon be a leading crypto wallet. Technicals: We are seeing a consolidation channel that has been forming over the last week. Rising oscillators with the price trending downwards is setting up for a nice divergence to the upside. TP: 1) Recent ATH’s. 2) Break above ATH’s take at the fib 1.618. Good luck!
Long
by MarkStPeter
4
SFPOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Long
by SvarogPerun
15
SFP about to make a move and upside is more likely.Hey guys, SFP/USDT is a new pair started to trade on Binance on Feb 8. So, it is a new pair with a very short price history which means that the upside potential is a lot higher compared to those alt coins with previous all-time-highs. SFP is consolidating in an up trending channel after selling around 45% from its local top. Actually, this is a very typical move for alt coins launched during the bitcoin bull market. What generally happens is that the coin breaks out to the upside after making a local top and consolidating. The bollinger bands are getting closer which implies a breakout can occur soon. The volume is around 1m per 4h bar and has been around these levels for a while now. These indicate that the sellers are exhausted. My first price target is $6 and who knows how high this can go... One more thing if you are thinking holding the coin for longer. To my very brief research, the company has products on sale which is good. It is launched on Binance Launch pool (if I remember correctly) which means that this company passed various Binance quality checks. Moreover, products allow you to swap tokens in your wallet on PancakeSwap which is convenient. There are other features that makes SafePal wallets attractive, but as I said I didn't do an extensive research. Remember that this is a technical analysis and definitely NOT a trade advice. Let me know what you think. Have a great day!
Long
by TableLamp
1