SXPUSDT trade ideas
SXP/USDT { SWIPE } - BULLISH SETUPANALYSIS 🔎
- SXP/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined support.
- The market could bounce from this support zone if we have a relatively high buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@4.580).
- Horizontal resistance level (@5.870).
- Fibonacci extension level 1.0 (@7.102).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
Sxp Amazing CurrencyAt the bottom of its ascending canal is forming a pattern of head and shoulders
In the coming months, I promise you that Shet Coins will no longer have a place in the market
Look for currencies that came to be a cure for the community, one of which is definitely the Sxp , which is now at a good price.
Benefits of Sxp :
-Fast conversion
-Scalability
-high security
-Network Token Valuation
-Multi-currency wallet
-Digital currency debit cards
-Borrowing digital currencies
It is also technically excellent...
SXP - Watch This Breakout!SXP is currently within a channel and anticipating another move up to the channel resistance.
We have a red descending trendline in place which we can watch for confirmation.
Trade Idea:
- Risk Entry now
- Safe entry after the break of the red descending trendline
- Stops below the channel and 78.6 Fibonacci
- Target the recent highs as first TP and -0.27 as second TP. HODL the rest
We might be at the start of another bull run so leave one position open!
SXP/USDT 2 HOUR UPDATE Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SXP/USDT lying on a strong support level or about to make triangle .
Entry: $2.32 to $2.28
Targets:
$ 2.46
$ 2.55
$ 2.69
$ 2.9
Stop Loss: $ 2.2
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Sxp/usdtSxp has two big support zone and a support test zone as you can see on chart.
The price is going down to Retest the support zone again.
We can have a big rally to break the roof and super pump to ATH.
Buy and hold it if you want to have super alt coin .
I bet it Can suprise you by his price.
If you agree please like and share
Comment me your special coin to analyse
Good luck 👍
Syed Ahsan Ali Rizvi
SXP entered to pump zone#sxp has two big support zones and a support test zone as you see on chart
the price is going down to retest the support zone again
we can have a big rally to break the roof and super pump to ATH
buy and hold it if you want to have super altcoin
i bet it can surprise you by his price
if you agree please like and share
comment me your special coin to analyse
good luck...
Long SXPUSDTLong SXPUSDT
I will long SXP on the 6H close above a close of the 2.96 zone after a breakout and retest of this zone. We have been consolidating
below this resistance since september 6 drop.
Entry trigger 6h close above 2.95
1st target 3.55 zone
2nd target 3.95 zone
Invalidation day close below 2.36
SXPUSDTSXP/USDT Analysis
SXP successfully break the first resistance of 2.554 $
Daily candle closed Above the 2.554 $ Resistance
2.554$ Retest Done
Next Resistance Zone is 2.90 $ to 3.0 $
If 2.9 to 3.0 Resistance Area crosed and got candle close above this and after retest the next target will be 3.579 $
Supports : 2.554 - 2.436 and 2.383
SXP and all you need to know about it Hello everyone, hope you guys having great trades.
for last few days, SXP has been in a trading range, between support and resistance zone shown on the chart. we haven't seen a daily candle closing below support or above resistance but we may see it today.
anyways the best setup would be to wait for the breakout confirmation ( Daily candle closing above resistance ), and then entering the trade.
I personally think this currency has a lot higher to go and has been playing around for quite a long time, I guess its time to see some moves.
Targets are also drawn with red lines on chart but here is your TP :
- TP1 : 2.941
- TP2 : 3.580
- TP3 : 4.204
Enter with your own strategy and risk management, my advice is to enter with strong candles confirmation, and placing your stop loss somewhere in trading range as the support zone is too far away.
Share your idea on the comment section below and also don't forget to like and follow
SXPUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 2.8 - 3.1 - 3.5
after first target reached move ur stop to breakeven
stop: ~1.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.5
risk is justified
Good luck everyone!
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