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SXP / TetherUS

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SXPUSDT trade ideas

#SWIPE #SXP my Exit Target @ $7.2SXP is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH. So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels. That said, I'll have 1.618 FIB R level to be my target roof at $7.2 while it has all the potential to continue north from there... but that is a risk that I don't intend to take. NOTE CRO is closing towards 1.618 FIB Level, which seems to be this quarter top for most Alts. SXP (CRO competitor) didn’t nudge yet. Don’t expect Binance will let it sleep for long.
Long
by eBlockChain
1
SXP / USDTPositive point: 1. daily RSI50 breakout and weekly about the breakout. 2. high volume at this price. 3. nice support at uptrend Chanel. 4. pattern (bearish butterfly). you can enter the buy zone and set TP, SL. TP = yellow lines SL = 1.7 don't forget SL ***** Follow us to see more comments ***** What Is Swipe (SXP)? Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its API that is designed to create global payment cards powered by its native SXP token. Swipe also has an on-chain product called Swipe Swap, an Automated Market Maker which is forked by Uniswap, SushiSwap, and THORchain and is powered by Swipechain. This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees and securing Swipechain through bonding and governance. coinmarketcap.com
Long
by Iman_Mirzajani
SXPUSDT Testing Support and Into A New ATH After Correction EndsSXP Uptrend Looks fine, a Few Tests for Support levels are needed every once in a while, No technical marks indicating a freefall. Trade Infos>>>>> Trade Type: Swing Average Time: 1 Month Wallet % : 10% Entry Area: 3.8 - 3.3 TP: New All Time High ( 6.35 ) - Could be changed if higher than expected when updating the trend Estimated Profit: Average 80% - Lowest 60% ............... Notices: 1- Sticking to instructions is better for maximizing profits. 2- check the trade type and average time... If you are not patient ignore this trade. 3- Stop Loss isn't required since we are in a bull run and Targets will be reached eventually. 4- If you are willing to take the trade with more than 10% of your wallet .. do so at your own risk ( mentioned Percentages are recommended ). 5- This is not a Self-Biased thought... it's an Analysis based idea.
Long
by Momo47SA