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SFPUSDT

#SFPUSDT Daily Analysis - LONG#SFPUSDT Daily Analysis On last several days most of the altcoins made significant gains except for some minimal coins like SafePal #SFPUSDT , this kind of cions have a potential if you look at it. SafePal is a crypto wallet , they have hard and soft versions , we think it was a good project to take in consideration like hidden gems. Previously SafePal made a ath at 3 USD level and start its corection till 1,6 USD level. Now it was on a junction ( EMA50 / EMA250 cross is coming ) when the cross is complete it have a potential to go till 2 USD or more. We choose the coins with high potantial and high volatility therefore our investments are low on this kind of actions , if you ask us it is good to buy some of this coins for the future opportunities. Please don't FORGET to use the stop loss in your investment , in this case the stop loss will be somewhere 1,71 USD. This is only a publishment with training purposes not a investment advice. Please don't forget to like and follow us, also we appreciate if you share your opinion on the comments. Good luck and Good hunt!
Long
by Oracle_Systems
1
💥SFPUSDT - TO FALL BY 30% TO $1.71 & RISE BY 100% TO $3.41Please support this idea with a LIKE👍 if you find it useful🥳 Right here is SFP chart on a daily Timeframe. As seen on this chart, we have a descending triangle breakout at $1.1850. Price rejected a resistance at $3.150 and it's on it's way back to the support zone at $1.710. Therefore I expect a bounce back at $1.71 as it was a resistance that will turn to support and a right shoulder pattern for the inverted head and shoulder. Then I expect price to rise from $1.71 by 100% to $3.410. What do you think? Share your opinion in the comment section✍️ Follow me to receive more updates on SFP (SFPUSDT) 🤗 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
11
SFP/USDT { SAFEPAL } - BULLISH SETUPANALYSIS 🔎 - SFP/USDT was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price then hit a swing high (@3.1650) and retraced. - Price is retesting the horizontal support level, key fibonacci retracement zone (0.618 - 0.702 - 0.786) and descending trendline resistance. - There's a relatively high concentration of buyers at this zone. - We could see an uptrend continuation from this zone. BUY ENTRY ⬆️ - Key fibonacci retracement zone (0.618 - 0.702 - 0.786). TARGETS 🎯 - Horizontal resistance level (@2.1945). - Horizontal resistance level (@3.1650). - Horizontal resistance level (@4.4500). SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level (@1.3166).
Long
by Chibuike_Odoh
secure and protected -( SFP/USDT Analysis )📉📈Market Cap:$189,045,032 Circulating Supply:108,166,667.00 SFP ( 22%) Max Supply:500,000,000 ✅What Is SafePal (SFP)✴️? SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance. SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum , Binance Smart Chain ( BSC ) and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal. Since its launch in 2018, SafePal has grown exponentially and has over 80,000 users in 87 countries globally. coinmarketcap-www.safepal. io ------------------------------------------------------------------------------------------------------------------ 📉📈TECHNICAL ANALYSIS As you can see in the weekly time frame for SFP/USDT, the price is trading around 1.74 $ right now. In the previous two candlesticks , it was able to grow up more than 200% by breaking the dynamic resistance (Red descending trendline) with a strong sharp move, but it faced to the local resistance about $ 3,then by price retracement reached to the local support (50% Fibonacci level). Now it maybe face demand again and move up to the red resistance zone , and if it breaks it up , it can achieve its goals. But if the BTC price descend more than 10% , it can go down to lower green box support . -------------------------------------------------------------------------------------------------------------------- tips: 💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.) 🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) . ✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭 🙏with Best Regards
Long
by PRO_SMART_Trader