SXP/USDT moved toward our prediction and target. what's Next?Hi every one
SXP / TETHERUS
(UPDATE)
this is an update on the recent analysis of SXP/USDT which now you can see that the price has moved in the direction we predicted! the price has 3 bearish signs right now:
1-the price has touched the top of the broadening wedge pattern and Decreased from that point!
2- a shark pattern is pretty visible on the chart which has just been completed and now it's time for correction.the correction can be up to 0.618 or 0.78 line of Fibonacci retracement (strong support zone)
3- there is a regular bearish Divergence on MACD as well (-RD)
so these signs makes us think that the price must start to decrease from this point. the correction can be up to 1.6 or even the bottom of the broadening wedge. there is a slight chance that SXP would break the broadening wedge if it happens the price can increase to 3$ which is a Pretty strong resistance as well.
summery:
-SXP/USDT has moved in the direction of our prediction and touched our target!
-Multiple bearish pattern and signs!
strong support at 1.60$
-slight bullish chance to 3$
Previous Analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
SXPUSDT trade ideas
SXPUSDT is testing the weekly resistanceSXPUSDT is testing the weekly resistance inside a pennant. IF the price will is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
SXP Possible move's in midtermSXP breaks a long downtrend and if the price stabilizes can move upwards towards the targets.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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#DYOR
SXP is heading for another bull rally hiii crypto lovers i was going through my check list and realised sxp has broke the resistance and now its a free bird flying towards 3.5$ if breaks next target 5.14 for long term i am seeing it hitting 12-16$ by next year feb. Best possible entry could be 1.99 if it dropped but i dont think it will before hitting 3.55 so its right time for long entry is what i believe. GOOD LUCK
SXP/USDT has Bullish PotentialsHi every one
SXP / TETHERUS
SXP/USDT is ranging in a broadening wedge and now price has some bullish signs! as you can see the price is at the bottom of this pattern and there is a Expected bullish movement from Here . there is also a Regular Bullish Divergence on MACD as well (+RD) .this is also a Great reason For us to be bullish On SXP. The price can reach the top of the broadening wedge which is also a Great Resistance for SXP.
summery:
-SXP is ranging in a broadening wedge pattern.
-The price is at the bottom of this pattern (bullish sign)
-Regular Bullish Divergence (+RD) is Visible On MACD (bullish sign)
-Price can reach the resistance shown in the picture.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
SXPUSDT Has Broken Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, SXPUSDT on H4 has broken above a major Resistance, After retest it is expected to go higher.
⬆️Buy now or Buy at 1.943
⭕️SL @ 1.594
✅TP1 @ 2.729
✅TP2 @ 3.273
✅TP3 @ 4.029
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
SXPUSDT🌟in lower time frames this alt shown a great bullish state which is abnormal in the current situation which means this alt is ready to jump high numbers of value in a short time so heads up swingers and profit hunters
👉This idea has the confirmation of "advanced price action" 👍
👉For more information don't be shy and get in private chat of trading view 👍
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SXPUSDT is starting with a minor retracement 🦐SXPUSDT is starting with a minor retracement 🦐 after a very nice breakout from the daily resistance. IF the price will confirm the breakut, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.