SXPBTC falling wedge broken target 24% upSXPBTC pair was in a falling wedge and it is broken approximetly 5 hours ago and after a rebound confirmation it can be a trading opportunity with a good RR 5.1
SXPBTC trade ideas
Weekly MACD and RSI contractionHi,
Noticed a weekly contraction on both signal indicators MACD and RSI (to be confirmed) on the pair SXP/BTC and I am wondering how to interpret this.
On a weekly basis, this could be a very strong signal. So, which direction will take the movement if any? Is an explosion of SXP in preparation?
Please share your thoughts.
Thanks
$SXP Update on previous idea.
SXP/BTC chart looking very nice.
Just retested the diagonal which is clear resistance/support in the past.
Expecting we hit 0.00036732 BTC at some point.
Fibs also working as resistance/support;
SXP looks also strongYOUR 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!
$SXP, trying to break range-highs...$SXP
Similar to BTC, trying to break range-highs where it has been bouncing since May..
UCTS indicator turning bullish across multiple timeframes 1D/2D (and lower)
From here, looking for a breakout/volume above ~6200 sats as signal of continuation
#SXP
SPXBTC When in doubt ZOOM OUT! 500% possible in new cycle?
SPXBTC When in doubt ZOOM OUT! 500% possible in new cycle?
SXP - BTCOk, $SXP. Promising as ever, strong fundamentals but still not pumped like many others after the May bear dip. For first time its now consolidating above the last fib level (fib retrace from last low 23rd May to last high 3rd May) and not falling through it again. This is a good sign iyam. Long term def good entry point, short term as well but more conf if it breaks and holds that resistance around 5909. Touched 5 times in last months.
#SXP Ascending Triangle - waiting for a breakout#SXP/BTC
Ascending Triangle on SXP. Waiting mode for a breakout.
SWIPE - SXP - AGAIN?looks like trend is sideways for margin trade in optimum range.
follow orange lines - fib channel
SXP BTC move$sxp / $btc
might take a considerable amount of time
but the below setup is enticing as the chart is exhibiting Elliot Corrective and Impulsive waves pattern
Here we go againSwipe is trying to run it back again 👇
The importants levels to watch now are:
- First between 0,0000545 - 0,0000578
- Second and most important between 0,0000624 - 0,000067
If we can pass trought this levels there free way up to discovery prices to 0,0001
Can SXP recover ???Hello everyone ! BTC seems to take its domination back from alts. After the beginning of the year money started to flow alt coins. However, that rising trend broken, in the chart white line. If BTC rise again, alt can recover a bit but selling pressure can come, for SXP it is yellow resistance on the chart. Very important support is green line, I am attaching weekly chart to show its importance as well. Have a nice one !
SXP/BTC midterm targetSXP is breaking out after a long consolidation to outperform BTC.
The blue line marks my entry level.
The green line marks my planned exit level.
