SXPUSDT trade ideas
SXP/USDT can do both bullish and bearish movement!Hi every one
SXP / TETHERUS
SXP/USDT is in a symmetrical triangle right now. depending on which way this pattern breaks we can consider a bearish or bullish movement! if the break out is downward than It's bearish or the break out is upward than the movement is bullish .we just have to be patient.
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
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume.
My 50x Pick - BonFire token
The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 2.58$
2. 2.7$
3. 3.24$
- Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SXPUSDT Symmetrical Triangle - 70% Profit ExpectedSXPUSDT Symmetrical Triangle - 70% Profit Expected
Just Wait for the SXPUSDT Symmetrical Triangle Breakout & Retest.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
NOTE: OPEN TRADE IF AND ONLY IF THE SETUP IS VALIDATED.
Buy Above: 2.391
Target: 4.072
Stop Loss: 1.726
Enjoy Trading!