SXP/USDT 120% potential from here...? Fresh entry..?#SXP/USDT TA update:-
$SXP currently trading at $4.123
And You can see good bounce back from $3.90 support level.
Now...?
I am buying here some $SXPUSDT
Fresh Setup:
Entry:- $3.90-$4.120
Targets:- $5.20/$9.120
SL:- mentioned in chart.
Support:- $3.90/$3.50
Resistance:- $5.20/$9.120
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SXP
Alternate CountThis seems like a possible count.
$2.60 is the level that Must Hold for this to be right.
Like I said before, I am not selling my coins that I bought at $5
And I will buy a LOT more if it goes to $3!
xD xD xD
Curious about the big volume in this consolidation though, which is part of the reason I don't want to sell. Large volume usually indicated a wave 3, which could mean we are already in the next uptrend and don't know it yet.
Hence, HODL and buy the dip.
Just my opinion though.
Huge Profit PotentialThis trade is going to be huge on the upside in the end and might already be starting. We may get one more wave down though so don't get freaked out if that happens. That fib suport of 0.618-0.65 should act as really good support. So if THAT fails, then maybe something's wrong with the count.
Honestly super happy with this chart pattern.
If this doesn't work out I'll have to hang up my hat.
Not financial advice. Let's call it a really really big hunch.
SXP - Looks weak! (As you asked)The is a support area holding the price up but the demand volume isn't that high, so there's a possibility of more correction.
Short your positions if it crossed the support area with a dump confirmation.
However, if the price pumped up and crossed the resistance area, open long positions and aim for those 2 Targets based on your risk level.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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Long Term Perspective.A break into the $5.50-$6 dollar range is a major buy signal.
This think could explode like BNB.
They have already hooked up with VISA, Mastercard, Apple Pay, and Google Pay. They are going to push this card out all over. I want one for sure.
This could be a dream maker, Fingers Crossed!
Not financial advice.
$SXP is ready here with many others #Swipea perfect 1:1 abc correction swiped the lows and almost touched the GZ of the subwave 1. This was one of my previous options and with the rejection at the top of the subwave B and selling volume coming expected this BTC driven drop. There might be one more leg down but I dont see it going lower than the GZ highlighted. BTC can go into lower area as well.
More importantly this is a perfect buy zone for SXP, and if it again touches the lower 4s its a no brainer buy into imo, with little downside risk. Potential is to the tens of highs could be significant from here.
I expect a wave 3 from here in an impulse turbo mode.
#Swipe my roadmap #SXPThe ltf structure is in a descending triangle on #SWIPE, and I still have a few options how this can play out. My primary is the green line is that we break that triangle now upside and we are moving to the third wave in large.
Alternatively if it breaks down it can go tap lower to compelte a subwave 2 of the larger wave 3 and still move up, or it can do a LL and only complete the larger Wave 2 before it heads up to the impulse.
I am still holding and long with SL in, targets are above $10 for now. I expect that triangle to break up soon in the next few hours with retesting, then long more, will update on that on my twitter.