SXPUSDT trade ideas
SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP/USDT has a great bullish chance!Hi every one
SXP / TETHERUS
SXP/USDT Has been ranging in a Rectangle pattern. Now the price is about to touch the Bottom line of this pattern so there is a Strong chance that the price would start a bullish movement to the top of this pattern once again!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
SXPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating above the support line. We have identified a support line for you, and if the price fluctuates above the line, it can continue to climb. And in case of breaking the resistance line and stabilizing above the line, we can enter the trade for the above goal, but if it penetrates and stabilizes below the support line, we consider falling to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
SXPUSDT 8/11/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Technical Analysis
This coin gearing up for something big move. It’s has potential to make 10x to 16x gains. I just put that Invalidation point for B Wave Rally of ABC Correction just in case the price is rejected at 61.80% Fibonacci that I mentioned in the chart. If it breaks both 61.80% Fibonacci and previous all-time high, then the party begins to the moon. It seems the weekly indicators is bullish in my opinion. Remember as always not a financial advice.
Elliot Wave & Weekly
3D & 1D
4HR & 1HR
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
$SXPSXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you wanna play it safe wait for a break below and retest of the red resistance area and then short. Inversely a break above this red area would be a long into the green box.