SXP/USDTSXP had a strong bounce since 24th FEB , with all the bullish catalyst coming for SXP in March I wont be surprised if this breakout to the upside and start a rally in short term.
Mainnet & rebranding in March will signal that , keep in mind SXP is acquired by Binance.
Current Mcap is less than $300M , which make it highly undervalued in current market situation.
Bought here & patiently will wait for targets .
SL daily close below $1.
NOT FINANCIAL ADVICE.
SXPUSDT trade ideas
SXP/USDT has a bullish chance!Hello every one
SXP TETHERUS
🟡Chart is speaking it self!
🌳-sxp is in a falling wedge.
-The breakout has not happended yet.
-if break out happens SXP can reach 1.7!
- there is a Hidden Bullish Divergence
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Thank you for seeing idea .
Have a nice day and Good luck
#SXP/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick SXP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello, members welcome to SXP/USDT chart analysis by cryptosander
As we can see in the above-mentioned chart that SXP/USDT created an inverse head and shoulder pattern which is a bullish pattern.
In the current scenario, SXP/USDT broke the neckline and moved for a retest.
RSI also shows a bullish divergence.
If it retests then the green zone will be the zone to go long for the long term at spot or low leverage.
entry:-CMP and ADD MORE AT $1.52
target:-20% to 30%
stop-loss:-$1.4650
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Update For SXP/USDT Analysis 📈📉WHATS UP GUYS ?!
In the past analysis that I posted for SXP, It wasn't succeed ,Although it tried 2 time to rise up but it declined and it wasn't able to rise for touching higher targets
so now!
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📊Technical
As you can see on weekly timeframe for SXP/USDT , it tried more than 2 times to breakout the descending trend line but wasn't successful and has been declining and went down below the previous support zone which is now resistance zones , we can see it was compressing in a supper bullish falling wedge ,and if it be able to to breakout this pattern it will have very interesting target in this bullish scenario, but otherwise I think there is low possibility to go down below support zone and maybe fluctuating in this pattern for a while , and then eventually I expect to break it out powerfully .
🛑resistance level: $4.63 -$4.86/// $3.59- $3.9///$2-$2.34/// descending trendline of wedge
❇️support levels: $0.925-$1 ///descending trendline of wedge
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Swipe Weekly Chart (vs Tether-USDT)I looked at the RENKO and Three-Line Break charts for Swipe vs Tether (SXPUSDT).
We have very strong reversal signals developing on both.
On the 3LB chart we have a reversal signal on the weekly timeframe. These systems are good to spot a change of trend.
Here with the candles we have the same pattern we saw with SXPBTC, the falling wedge, and we see this weeks candle breaking above the down-trendline that has been active since Aug. 2021.
One final resistance marked yellow on the chart and this pair can easily fly up.
Namaste.
SXP USDT Review>>>>>>>>>>>>>Hello EveryOne
In Daily Timeframe, SXP enters the Como cloud in the ICHIMOKU indicator and is currently engaged in 100-D MA Resistance.
The First resistance of SXP is the range of 1.7 / 1.8, which can also be considered as a (Short-Term Target).
If this area is Broken with Strong Candel's ,SXP can run for a Bullish price up to the resistance area of $ 2.4 / 2.9(Mid-Term Target).
Correction to the range of Green lines is Normal.
The Best range to Buy and all the Important Resistances are Marked on the Chart
PLZ RDOR
With Hopping Success>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
🆓Swipe (SXP) Mar-16 #SXP $SXP
When SXP approached the 1.2$ zone, buying power appeared to create a bear-trap below 1.2$. This shows that SXP can still rise again from this $1.2 area to the same $1.7 or even $2.1 area in the near future. But if it loses the 1.2$ zone, it will fall hard, at least it will fall to the 1$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.2$ zone
🔴Buy : 1.2
🔴Sell : 1.45 - 1.7 - 2.1
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.2$ zone
🔵Sell : 1.2
🔵Buy : 1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section