SafePal (SFP) completed a setup for upto 11.50% pumpHi dear friends, hope you are well and welcome to the new update on SafePal (SFP) with US Dollar pair.
Recently we caught almost 14% pump of SFP, as below:
On a 4-hr time frame, SFP has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Safepalusdt
SFP/USDT Break the Bullish Pattern. Potential Continue the trend💎 SFP has piqued our interest with its notable trends. Having broken out of a bullish continuation pattern, SFP is currently in a retesting phase and seems poised for further upward momentum.
💎 For a smoother ascent to the Bearish OB and Strong Supply zones, SFP needs to surpass the daily resistance and maintain a position above it.
💎 However, if SFP experiences a false breakout and breaches the robust support zone, there's a substantial likelihood it could descend to the Strong Support area.
SafePal (SFP) formed bullish BAT for upto 14.50% pumpHi dear friends, hope you are well and welcome to the new update on SafePal (SFP) token with US Dollar pair.
Previously we caught a nice trade of SFP as below:
Now on a 4-hr time frame, SFP has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SafePal (SFP) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on SafePal (SFP) token with US Dollar pair.
Our last successful trade of SFP was as below:
Now on a 4-hr time frame, SFP has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SafePal (SFP) forming bullish BAT for upto 28.50% pumpHi dear friends, hope you are well and welcome to the new update on SafePal (SFP) token with US Dollar pair.
Our last successful trade of SFP was as below:
Now on a 2-hr time frame, SFP has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.2830
TP3= @ 1.4085
TP4= @ 1.5755
TP5= @ 1.8420
SL= Break below S2
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💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.2830
TP3= @ 1.4085
TP4= @ 1.5755
TP5= @ 1.8420
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SAFEPALSAFEPAL is a new Hardware Wallet partner with Binance.
SFP is short for SafePal Token, a utility token that fuels the entire SafePal ecosystem.
SFP is a decentralized digital asset based on the Binance Smart Chain, with a limited total supply of 500,000,000, issued by SafePal.
it's too young to make an accurate analyse so for now we could try a scalp on this new project. Don't forget to check BTC King as price Driver!.
Buy Zones :
- Buy now ( Not all your invest )
- Rebuy 2.5$
Sell Zones :
- TP1 : 3.19$
- TP2 : 4.40$
STOP LOSS : 1.95$
Happy Tr4Ding !
SFP about to make a move and upside is more likely.Hey guys,
SFP/USDT is a new pair started to trade on Binance on Feb 8. So, it is a new pair with a very short price history which means that the upside potential is a lot higher compared to those alt coins with previous all-time-highs.
SFP is consolidating in an up trending channel after selling around 45% from its local top. Actually, this is a very typical move for alt coins launched during the bitcoin bull market. What generally happens is that the coin breaks out to the upside after making a local top and consolidating. The bollinger bands are getting closer which implies a breakout can occur soon. The volume is around 1m per 4h bar and has been around these levels for a while now. These indicate that the sellers are exhausted.
My first price target is $6 and who knows how high this can go... One more thing if you are thinking holding the coin for longer. To my very brief research, the company has products on sale which is good. It is launched on Binance Launch pool (if I remember correctly) which means that this company passed various Binance quality checks. Moreover, products allow you to swap tokens in your wallet on PancakeSwap which is convenient. There are other features that makes SafePal wallets attractive, but as I said I didn't do an extensive research.
Remember that this is a technical analysis and definitely NOT a trade advice. Let me know what you think.
Have a great day!
Optimistic analysis before the SFP scenario! Price projectionTechnical analysis regarding the price of SAFEPAL in relation of dollar Tether for the next scenarios, based on 30 minutes movement.
Price comes in with a very sharp drop and is losing its selling strength/pressure.
On February 11th, strong buyer demand drove the price exponentially, closing always above!
I strongly believe in the potential of this crypto for the next scenarios, be it in the medium and/or long term.
RSI> 45 gaining strength. 34 period EMA driving crypto price.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***