SFPUSDT trade ideas
extremely bullish after 6 months + of consolidationSomething is cooking for this asset. it has been on a consolidation for such a long time. it looks like TA will be invalidated here if some major news comes along for this asset.
the consolidation has been too long for this asset to not explode.
Respected trendline since bottom with the exception of 1 2 wicks but price was scooped back up immediately.
Weekly structure so expect this one to take quite some time.
except if again, there is some major news incoming.
being in this space for almost a decade now. it does look like there is some major news ahead.
Maybe twitter integration or something similar.
Too long consolidation for just 20% gain.
LONG #SFPUSDTLONG #SFPUSDT from $0.8626 stop loss $0.8577
4h TF. The instrument formed a local uptrend with an aggressive approach to the resistance level, tested by several touches, which accumulated a lot of stops of the participants' shorts. An active approach to the levels indicates a large limit buyer pushing the price to overshoot with bursts of long volumes.
I will wait for consolidation along the level and for an acceleration of the deal feed - an impulse breakdown.
SFP ANALYSIS (1D)From where we entered the "Strat" on the chart, it started to look like a triangle, which is now finished.
After the triangle, SFP seems to have entered a diametric.
If it returns to the green range, you can look for buy/long positions.
The main target is marked on the chart
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SFP/USDT | 1W 👀1. In such a sluggish market, the coin continues to rise confidently and has surpassed the trendline resistance on the daily timeframe.
2. Thus, there's a decent setup emerging from current levels with growth potential.
3. I've marked the targets on the chart.
- Not financial advice, trade with caution.
#Crypto #SafePal #Investment #SFP
✅ Stay updated on market news and developments that may influence the price of SafePal. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #SafePal #Investment #SFP
sfpusdt trading opportunitySFPUSDT is currently trading within what appears to be a descending broadening wedge pattern. We anticipate that the price will approach the upper boundary of this pattern and subsequently undergo a minor retracement toward our designated immediate demand zone.
This movement is expected before the price continues its upward trajectory and potentially breaks out of the pattern.
In the event that the price takes a direct downturn from the specified buyback zone, the extreme demand zone has been identified for more strategic accumulation. The intended targets for this setup, ranging from short to medium-term goals, have been illustrated on the chart.
We will keep you updated on this setup as the market evolves. Your participation through comments and likes is greatly valued. Thank you.
🚨 Trade Alert: SFP/USDT (3-5x)🚨 New Trade Alert 🚨
✅ SFP/USDT (3-5x)
📈 LONG Entry Zone: 0.6827 - 0.727
⛔️ SL: 0.6556
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.735 - 0.74 - 0.75 - 0.77 - 0.79
Mid Term: 0.81 - 0.83 - 0.86 - 0.90 - 0.94
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
Where does the SFP go?We see ascending price action structures on the chart.
After bullish CH, it has continuously created HH and HL and has continuously broken the minor dynamic resistances.
We have had three resistance order blocks, all of which have been mitigated.
In my opinion, the place marked with two red lines and marked "strong ob" is where we should look for sell/short positions.
Ispecified the invalidation level that closing a 4-hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SFP USDT (Long Trade Setup)Technical Analysis behind SFP USDT Trade:
1. Supported by the immediate support area.
2. Long Liquidity Grab candle.
3. RSI is at 30, a very bullish sign.
4. MFI (Money Flow Index) analysis also supports the trade.
5. The stop loss is based on the volatility indicator (ATR)
SFP/USDT Ascending Channel Promises Bullish Movement? 👀 🚀 💎 Paradisers, turn your attention to SFPUSDT as it presents an exciting trading opportunity. Currently following an ascending channel trajectory, there's a high likelihood of an upward movement.
💎 #SFP has been consistently adhering to an ascending channel pattern for some time. As of now, it's trading within a demand zone, aligning with the channel's trajectory, thereby suggesting a considerable chance for a bullish movement. With its sustained upward momentum, SFP aims to target supply levels at $.7729, and may even push further to challenge higher supply levels at $.8591.
💎 While newcomers might be tempted to make panic entries, wise Paradisers understand the importance of timing in this scenario. It’s critical to identify the most advantageous entry points during this anticipated rise, while also exercising caution to avoid entering at the market's peak.
💎 Additionally, be prepared for a potential bullish rebound from the demand level of $.6114 if #Safepal struggles to maintain its upward momentum. A fall below this level, however, could signal potential challenges to the continuation of the bullish trend.
💎 In this dynamic and evolving market environment, strategic foresight and skilled decision-making are essential. Developing a comprehensive trading strategy, which includes prudent money management and a thorough understanding of support and resistance levels, is key to achieving successful trading results. 🌴💰
A Quick Short Here? SFPusdtSFP giving me a short trigger here.
Previous H4 closed looks bearish.
I know Shorting in Bull Market may Harm but it is what it is.
Trade Type: Risky
Entering into a short in the possible retest.
Entry 0.8215
Stoploss 0.8300(5% with 5x)
Tp 0.7400(50% with 5x)
Risk Management is very important while trading.
Note: Not a Financial Advice.
SFP/USDT Process for retesting phase area before continue UP!!!💎 SFP has notably captured market attention, having recently broken through a key resistance area. Currently, it is approaching a retesting phase at a level that was previously acting as resistance. For SFP to sustain its upward trajectory, a strong bounce during this retesting phase is essential, probability setting it on course towards our identified strong resistance area.
💎 However, should SFP struggle to uphold the support level during retesting, indicating a false breakout, it could lead to a regression back to the demand area, specifically around the $0.62 mark.
💎 The $0.62 demand area becomes critical at this juncture. For SFP to resume its upward journey, a robust rebound from this level is required, aiming to reclaim and sustain above the resistance level. Conversely, if SFP breaks below this demand level, it indicates a potential for further downward movement, possibly directing it back towards a stronger support area.
$SFP* ASY Buy Signal
* Bullish EMA Alignment
4HR:
Bullish Strength: 22
MA50 > MA100 > MA200
Supertrend is long
Price > MA50
SSB acting as support
Bullish Irikubi
3D:
Bullish trend strength: 33
ADX > 25
MA7 > MA25 > MA99
MA50 > MA100 > MA200
Supertrend is long
Price > MA50
Price > Kijun Sen > Kumo
Chikou Span > Price
Kijun Sen acting as support
Bearish reversal potential: 5
MACD Bearish Cross
Volume Shrinking