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SXP / TetherUS

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SXPUSDT trade ideas

Hey SXP, feel free to continue the decline, I don't mind...The price of SXP is between two strong daily S / R zones. At the same time, we are below the TL signaling the Down trend and also below the EMA Daily 200, which also indicates the downtrend. However, the current support has already tested 3 times and stopped the falling price. This may signal an upward reflection to test the trend line. The most important thing is what happens inside the current hourly candle. We can find out if we switch to a lower time frame. Ideal for entry according to our Price action strategy is the time frame M15, where we evaluate the current situation and decide accordingly whether to trade SXP.
by UltimateCryptoTrader
SXP / USDTSXP / USDT In late may SXP lost uptrend line as a result it dumped hard Finally we see some action of bulls at weekly demand between 1.9$- 1.67$ I really like the project in long term but when coin dumped by more than 50% we cant expect it go up fast again it need some sort of long time of accumulation first Expectations : sideway movement ...what i hope bulls hold weekly demand and bulid base Support here before moving up Things can turn very bearish if we lost weekly Support by weekly candles ..in which mean more dump to past accumulation zones Good luck
by Babenski
18
(Update) SXP/USDT has done the expected movement. what's next?Hi every one SXP / TETHERUS as you can see SXP/USDT has broken the Dynamic resistance which we talked about not long ago! the Dynamic resistance is now Dynamic support! so the price is more likely to stay above this support and continue the bullish movement! 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
Long
by CobraVanguard
26
SXPUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders, Today’s analysis – SXPUSDT- trading at a key region where a rejection is probable, Points to consider, - Price Action Impulsive - Daily S/R Resistance - Local S/R Support - Low Volume SXPUSDT’s immediate price action is impulsive, trading towards a daily resistance with lower highs, allowing for a short bias. The Local S/R us current support, holding this level is critical for the range low support. Current volume profile is on a decline, an influx is highly imminent when testing key trade locations. Overall, in my opinion, SXPUSDT is a valid short with defined risk, Price Action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my And remember, “Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
Short
by AzizKhanZamani
(update) SXP/USDT has a great bullish chance right now.Hi every one SXP / TETHERUS this is an update on SXP/USDT as you can see the price has gone downward and broke the symmetrical triangle but now It has created a new support which is pretty reliable. there is a chance for bearish movement because there is a Hidden Bullish Divergence (-HD) on both MACD and RSI. the bearish Movement can be to the new support which is shown in the picture. the bullish movement from support can be to It's dynamic resistance which is shown In the picture. If price breaks this resistance there are good chances for more bullish movements. 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
by CobraVanguard
10