SFPUSDT trade ideas
SFP about to break outBrothers, gents, amigo’s and amiga’s,
SFP went right up after being listed on Binance, where after it made a correction and has been going sideways for a few days now.
When looking at charts; people quite often tend to look at short term projections, but imo you should always zoom out a bit more. Only then you can see the bigger trend (which matters the most).
If we look at the chart we can see the lines beautifully connect and see a big symmetrical triangle building up.
When we interpret the numbers, there should be an impressive breakout right after it breaks the upper trend line. (+2.50 usd imo)
Furthermore, the fundamentals on this coin look good (their monthly strategy for new coin offerings, marketing plans, upcoming listings on other exchanges, teaming up with multiple other top 20 coins).
Be patient, have faith and dyor.
Because at the end of the day; this will be a (rocket)ride you don’t want to miss.
Ciao,
TheKoalaMan
🆓SafePal/USDT Analysis (16/2) #SFP $SFPSFP is still moving sideways around $2.8 and buying force is still dominant, so I think that SFP still has a strong uptrend like Feb 10.
📈BUY
-Buy: 2.7-2.9$
-Buy: 2.3-2.5$. SL if B
-Buy: 3.4-3.6$ if A. SL if B
📉SELL
-Sell: 3.4-3.6$. SL if A
-Sell: 4.3-4.5$. SL if A
-Sell: 5.6-5.8$. SL if A
-Sell: 8.5-8.8$. SL if A
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
Sfp awesome listing on binance ATH where are go SFP next? BreakI think break down move to 2.2 and 1.7 scary 1.4 1.2
Wainting for 3$ price breakout.If the price breakout 3$ price then expect huge pump
Tp1 _6$
Tp2_ 9$
SL_2.4$
SFPSFP built head and shoulder pattern just like sandbox coin it going to boom.
Do your analysis before following my idea
nowadays cryptos are not respecting TA we will keep our eyes on the chart if the price break and retest the resistance line which will make it support we can go long for a long time trade
trade wisely....
SFP/USDThere are 2 options so choose 1 of them.
1) wait for the upper trend line to break and pullback. if pull back is successful buy with the stop of 3.1
2) buy near the lower trend line and set stop at 2.65
TARGETS ARE GREEN LINES
good luck
invest the maximum of 7% of portfolio
if you do not use stop loss please do not enter this position.
Possibility of re-pumping Buying Sifpal is very risky. Hoodle if you are at a loss, you will definitely benefit
SFPBTC also hit its Previous ATH recently if BTC moves to new ATH then its for sure that this coin will provide good results. I don't recommend to buy this coin right now. if you already have some in bag then my Targets are below.
tp1 3.27
tp2 3.39
tp3 3.58
tp4 4.15
SFP/USDT PUMP INCOMINGHello Guys
I hope you are doing fine...if price breaks this triangle then SFP will be super bullish.
Target 4.30$
Not a financial Advice DYOR
SFPUSDT (SAFEPAL) - UPTREND CONTINUATION ANALYSIS 🔎
- SFPUSDT hit an All time high (ATH) and retraced to the 0.618 fibonacci retracement level.
- The retracement was bounded in the falling wedge pattern
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular consolidation pattern is known as the accumulation phase (Wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up pattern).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the rectangular consolidation pattern's horizontal resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- All Time High (ATH) resistance (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the rectangular consolidation pattern's horizontal support (S1).
SafePal S1Introducing the first crypto hardware wallet backed by Binance.
• App downloads: 406,900+.
• Total wallet accounts: 537,100+.
• Supported assets: 20 blockchains, 10,000+ tokens.
• Supported dApps: All dApps issued on Ethereum, Binance Smart Chain and Tron network.
(Source - Binance)
This is early days for SafePal's native utility token SFP, released only a few days ago there is a huge potential for growth.
Currently Ranked #220 on coinmarketcap with a marketcap of $306,450,949 and a max supply of 500,000,000.
- Breadcharts
Target 5.60
