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
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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.
SXPUSDT trade ideas
SXP/USDTWe need to hold above the main support area always to keep hope for a rise for an area, as it is defined by the color violet as a good buying area. If the resistance of that area is a zone, then we will see the drop to the green area as the buying area more than good. On the positive side, it broke a major resistance and stability above it gives a high price jump
SXP Consolidating steadily and nicelyAfter today's EOS pump, I sold my bag and bought SXP...
It has been steadily consolidating and maintaining tight range with minimum volatility. Add to that SXP did NOT pump hard yet in 2021. Price is marked with a blue line which is still below FIB 0.236 level.
No target set... either I'd sell on a pump and or HODL for ATH if the market moves along.
$SXPUSDT UPDATE!!!!!Hi Traders,
$SXP has seen some lovely gains recently but is now seeing a major pullback. Its currently rejection an order block as support so we are likely to see it rise into the above order block where it will test as resistance. If the order block above acts as enough liquidity to push prices lower again then we can expect prices to move towards the very bottom order block.
Thanks
MS
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