I've been following this asset since March '22 and it followed the downtrend pretty strongly until it entered into a massive ranging mode. Even though the whole market was moving a lot, this coin continued to play under this strong range. Right now, I've managed to see a triangle formation which I believe it's crucial to identify which way price might go next....
Hi 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,...
◳◱ We've detected a Golden Cross pattern on the SET:SFP / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the current price zone at 0.4756. The next resistance key levels are at 0.4825 | 0.5292 | 0.6481 and the major support zones are respectively at 0.3636 | 0.2914 |...
SafePal bounced off the descending trendline. Asset bounced off the support level. Bullish movement to resistance level at 0.407 is expected to happen.
In light of the new SEC/Binance news BTC fell off a cliff towards the midpoint of the 4H mini-range we have shown. In the middle of this range there's a bullish orderblock that I think could cap off the downside from this news. This is the first potential trade in my opinion after breaking lower and continuing the new downtrend. 2) The second potential trade is...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SFP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
SfP breakout on the 1 hour chart, Reformed support formed on May 16th, Trading above the pivot point. All in all pump time Leverage 10-20x. 1/5- No more than 1/10 of balance in trade cross margin. Note- if u are trading isolated above 10x then u are your money shall surely be parted unless u get your entry a bit more precise. Find order and chaos will follow
EURUSD keeps the down trend on H 1. Yesterday we saw breakout of the previous low and now the market is testing it. We expect another drop and exhaustion below 1,0800. We don’t currently trade EURUSD.
No grounds for trades here. We’re still expecting another drop below 1,0840, where we can watch for exhaustion and trend reversal. The confirmation of the above mentioned movement will match expected entries on all major instruments. A big part of trading is just to wait for a good trade and this is the best option for now here. We have ongoing trades on...
We’re still waiting for a trend reversal on H1. Sells were end and there are no grounds for new ones. Retail Sales coming today. Pullback from the levels below 1,0840 and breakout of a previous top, will confirm a reversal. Meanwhile we’re heading towards crosses and waiting for a confirmation on the major instruments.
For over a week SFP price has been hovering near the 61.8% Fibonacci retracement level. Buyers remain in control and therefore we expect quite a strong uptrend in the days to come.
BINANCE:SFPUSDT appears to be showing strong support around the $0.4 zone, which has held steady for nearly 50 days. Additionally, the long-term uptrend trendline has provided a recent bounce, indicating positive momentum for #SafePal. Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several...
We have a daily bias, It swing failed the highs In hourly timeframe, we have a market structure shift and broken down with a impulse and retested.
During the yesterday’s news we saw fluctuations in range 1,1000-1,1060. Currently, it’s important to see breakout outside of that candle. Key support level is 1,1000. Upon pullback from this level we can expect another rise towards 1,1060 and test of the previous tops. On breakout , we’re headed for a test of 1,0960 and the previous lows.
Yesterday we saw an impulse decline in EURUSD. This means that the rise has no strength for now and it’s more likely to heading towards test of the low at 1,0900. Depending on weather we see breakout of the bottom or pullback , the next trades will be confirmed. There are conservative and aggressive options for entries. With the conservative one it’s necessary...
Sfp will go down to Big Red trend line. (Reason : Sfp breakdowns the small red trendline.) If two 4hrs candle closed below the big red line then price will keep going downward. (Reason: Big triangle breakdown will happen) But if Sfp doesn’t break it then price will go upto small green line ( Reason: to complete inverse head n shoulder) If price breaks this...
Wait for a re-test on previous consolidation area to confirm the breakout but this is looking pretty awesome so far! $SFP LONG signal right now!
Shorted after the swing failed the highs, Almost we are close to the daily candle close. Its a good daily level.