SXP
SXPUSDT🌟in lower time frames this alt shown a great bullish state which is abnormal in the current situation which means this alt is ready to jump high numbers of value in a short time so heads up swingers and profit hunters
👉This idea has the confirmation of "advanced price action" 👍
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SXP - BTCOk, $SXP. Promising as ever, strong fundamentals but still not pumped like many others after the May bear dip. For first time its now consolidating above the last fib level (fib retrace from last low 23rd May to last high 3rd May) and not falling through it again. This is a good sign iyam. Long term def good entry point, short term as well but more conf if it breaks and holds that resistance around 5909. Touched 5 times in last months.
$SXPUSDT UPDATE!!!!!Hi Traders,
$SXP has seen some lovely gains recently but is now seeing a major pullback. Its currently rejection an order block as support so we are likely to see it rise into the above order block where it will test as resistance. If the order block above acts as enough liquidity to push prices lower again then we can expect prices to move towards the very bottom order block.
Thanks
MS
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⚡️US500 (S&P) - Sell TradeLooking to see a collapse from this point.
Ideally, the price should come back to mitigate some of the losing positions as well as capture liquidity from the low.
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.
SXP/USDT TA Update #SXP/USDT Chart by Request :1
$SXP currently trading at $2.03
And $SXP only bullish if break out this red Resistance cluster.
Resistance:- $2.26
But below $2.26 is bearish.
So Now Market is no trade zone.
We will open any fresh trade after market settle.
Support:- $1.81
Resistance:- $2.26