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SXP

#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 $10 for now. I expect that triangle to break up soon in the next few hours with retesting, then long more, will update on that on my twitter.
BINANCE:SXPUSDLong
by tempertrade
SXPIt is in the ascending channel in weekly and daily timeframes. However, due to the large width of the channel, it is possible to oscillate in 4-hour and 1-hour time frames. It is currently between 1 and 4 hours of support and resistance. Strategy 1: If it stays in the downward channel for 1 hour, you can expect a fall. Strategy 2: If, in addition to the 1-hour Neroli channel, it can break the 1-hour resistance range, it will operate according to the Fibonacci expansion rule and will climb to 161.8%.
by Sooeeni1985
11
Long Swipe ($SXP)Looks like a possible Cup and Handle formation, which if correct would indicate a target of around $8. Fib extensions suggest a possible target of $6.90. Since I don't know 1) really anything about what this token is and 2) I don't use C&H much and also since 3) the market has had a few dips during the last couple days I will keep a tight stop loss and only open a small position. In either case if BTC and the alt market continues to look strong I will probably add to this as this was in an obvious strong recent uptrend.
FTX:SXPPERP
by arathustra