SXPUSDT trade ideas
SXP Bullish Idea Hello everyone,
| We have here one of my favorite crypto projects to HODL. Brief explanation of this project, Swipe is a company that issues debit cards for businesses at small and large scales. When the debit card is used at any merchant the crypto funds from your account are automatically converted to fiat in the POS. | - | On the technical analysis side we have a huge Bullish Ascending Triangle that has been forming since Jan 2020, the longer the formation the more reliable it is. The price for SXP has also touched the support line of the triangle 3 times in the past making it also a very reliable trendline to buy. Last but not least, we have the RSI on the middle level which means that we have plenty of room for the price to rise. I would be expecting the price to reach the close to the RSI Trendline before taking any profits. My long term price target for next year is about $50 which would give us a 2000% Profit from the price we are right now.
Summary:
1. Swipe is a platform that enable businesses to create card programs for users to spend anything globally.
2. Bullish Ascending Triangle formation since 2020.
3. Strong support trendline for entries.
4. RSI has room to grow until SXP is in the oversold side.
5. $50 Target Price in the medium to long term.
SXP goes up for break MA200SXP goes up for break MA200 in SXPUSDT chart. if it break this important level then its going to touch ATH
₿ SXPUSDT 1D ₿ : 19.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 19.Oct.2021
⚠️(DYOR)
SXP analysis: SXP is forming a falling wedge on lower time frames. Falling wedge is a bullish pattern and usually breaks in upward direction. You can add some SXP near $2.2 support and add more if it comes down to $2 area. The resistance for SXP is $2.4-$2.5 and $2.8 levels.
SXPUSDTPERP and Technical AnalysisSXPUSDT PERP LONG and SHORT both possibilities are shown in graph. Just understand the graph and then take positions or u can do swing trading in between the zone if a breakout does not happen.
For Educational purposes.
SXPUSDT Daily S/R| Ascending Channel| Price Action| Trend Evening Traders,
Today’s analysis – SXPUSDT – trading in a ascending channel with support confluence, allowing for further upside,
Points to consider,
- Price Action Impulsive
- Descending Channel Support
- Daily S/R Objective
- Low Volume
SXPUSDT’s immediate price action is trading at a support confluence zone, the channel support and the Order Block, allowing for a bullish bias.
The immediate objective is the Daily S/R, exceeding this level increases the probability of a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, SXPUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
SXPUSDT to drop to 2.000Since the market has hit the resistance Zone (line) and gave a downward pin bar at 2.430, it shows that SXP will drop at least 2.00 (the nearest Support) or furthermore, to the main support at 1.430
SXP above support#SXPUSDT
$SXP is above a long term ascending support line, which is the same with a support zone. if price hold this support and go upward it is possible to break the descending resistance line and touch $4.5 that is a resistance zone.
but if price break down the support zone. target of bears can be $0.7 and even $0.3
SXPUSDTBINANCE:SXPUSDT Analysis.A B C
( A ) Starting point movement .
( B ) Entry point.
( C ) Target
4.226
5.544
6.927
8.341
10.328
SXP Long #SXP #BITCOIN #ALTSSaw plenty of SXP charts during the last run, not so much now. Good place to enter here and if BTC is to turn back and dump (substantially) I would be looking for the second entry lower. Very good R/R scenario either way.
SXP SetupSwing-Trade Setup, where entry was on the Sweet-Spot level within the O.T.E., but still can be caught on the breakout or pullback, whatever rows your boat.
In this Setup we can see price needs to be closing above the 50 SMMA, together with volume support and a bullish continuation of the pattern.
Added Fib. confluence of the 100% projection and -27.2% extension zone as an exit.
SXP/USDT TA UPDATE! 100% POTENTIAL PROFIT COIN!Hello everyone, if you like the idea, do not forget to support with a like and follow.
SXP is a very good project and currently looks very good according to the chart. It is trading inside a big ascending triangle and hovering near the bottom of the trendline. I am expecting it to reach a new ATH by the end of this year.
Entry range:- $2.2-$2.5
Target1:-$2.86
Target2:- $3.4
Target3:- $4.0
Target4:- $4.6
Tagrte5:- $5.5
SL:- $1.86
Note:- This is a spot call.
What do you guys think about SXP?
Do you think we will reach the ATH of SXP by the EOY?
If you like this idea the do appreciate it with your like and follow.
It motivates me to work more and more.
This isn't financial advice. DYOR before investing.
Thank You!
SXPUSDT - SXPUSD - Binance Project Visa PaymentHello,
Take a look at Binance Project for VISA access SXP.
See you at 10 or what?
Thank you,
Not a trading advice!
St.Gex
Sxp Chart AnalysisSXP USDT 4H Chart SIGNAL by CryptolernersBD
Buy If 4H Candle Successfully Close Above $2.55
Stop-Loss ❌ If 4H Candle Close Below $2.25
Sxp Chart Analysis #SXP USDT 4H Chart SIGNAL by CryptolernersBD
♻️ Buy If 4H Candle Successfully Close Above $2.52
Stop-Loss ❌ If 4H Candle Close Below $2.22
SXP - The Parabolic CurveIn our last SXP analysis we were short from the bearish pennant. We met our -0.27 fibonacci target and turned bullish.
We saw a double bottom indicating that price is reversing. We also have what looks to be a parabolic curve support. Watching for the next retest of the trendline or structure for another move up!
SXP/USDTSxp/usdt is forming a symmetrical triangle in daily time frame keep your eye on it
Trade at your own risk!!!
SXP the lost puppy from Binance Considering the market overall current spike, SXP remains almost all year a non-mover. And even the move from the Abyss of May to the local high of Sep, it didn't perform much.
I have a history of losing chances with SXP in the past. Will SXP take me down again this time?
Here is the outlook, that confirms this Alt is forgotten and non-mover:
1) Overbought on the 4H RSI chart
2) neutral on the 1D RSI chart
3) still a red signal on the Ichimoku Signal
4) far from being green on the Ichimoku Cloud
The question remains will Binance rescue its puppy or let it have a slow quiet of death? I am betting with my wallet on a rescue mission.
SXPHello to all my friends 🙋🏼♀️
SXP now testing the strong resistance area of 2.4-2.5 and a close above 2.5 is bullish. Increase your stop loss to buying price and hold this trade. good rally will start in after the breakout of $2.5 area. You can add more after the breakout or near 2.2
🆓Swipe (SXP) Oct-3 #SXP $SXPSXP has good buying force at 2.3$ zone and it could move towards 2.7$, 3.5$ and 4.4$ zones in this October. But if it loses this 2.3$ zone, it will fall down to 2$ zone again
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.3$ zone
🔴Buy : 2.3
🔴Sell : 2.7 - 3.5 - 4.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.3$ zone
🔵Sell : 2.3
🔵Buy : 2
❓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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Bullish CasePositive RSI: Oversold
Wait after breakout and Buy after retest. Take Profit at 0.382(30%) 0.5(50%), 0.618(20%)
