a future call for sxp dont use your full portofoli in this trade . trade with tight stoploss thats why i didnt given stoploss .use 5X or less.
SXP
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.
SXP/USDTTARGETS:
Short Term: 1.97 - 2.02 - 2.18
Mid Term: 2.35 - 2.50 - 2.70 - 2.95 - 3.22
If you liked my idea, follow me for more.
#SXP Ascending Triangle - waiting for a breakout#SXP/BTC
Ascending Triangle on SXP. Waiting mode for a breakout.
$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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SXP to $2.50 short term$SXP now $1.97
Targets
2.02, 2.07, 2.13, 2.22, 2.34, 2.45
NOT FINANCIAL ADVICE
SXP Possible move's in short termCurrently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities
Falling wedge idea Entry: $2.203
Stop loss: $1.335
Take profit: $5.225
2 day MACD bullish signal cross.
SXP - Target $1.6While BTC Conducts its support TEST I'm expecting SXP to do the same.
SXP seems to be pretty controlled so not expecting a clean test. $1.6 is my target but may extend down to trendline support again, especially with the weekend upon us.
Be, HF
SXPTRY(USD)-2-we are going to see a bearish rectangle pattern for daily analysis
stay tuned and don't miss it
⚡️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:- $2.26
SXP / USDTSXP / USDT
In late may SXP lost uptrend line as a result it dumped hard
Finally we see some action of bulls at weekly demand between 1.9$- 1.67$
I really like the project in long term but when coin dumped by more than 50% we cant expect it go up fast again it need some sort of long time of accumulation first
Expectations : sideway movement ...what i hope bulls hold weekly demand and bulid base Support here before moving up
Things can turn very bearish if we lost weekly Support by weekly candles ..in which mean more dump to past accumulation zones
Good luck
SXP/USDTSXP Formed a giant bear penant on 4h time frame .
as of now everything depends on BTC , Short SXP after confirmed breakdown .
Targets are : ( 1.618 ) , ( 2.618 ) & ( 3.618 ) FIB levels .
SXP broke resistance of parallel channel#SXPUSDT
$SXP broke out resistance of parallel channel, here now is trading inside a strong resistance zone.
a break above this zone can increase the price to new ATH around $8.
just take profit in other resistances shown in chart.
