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SXP

$BTC/USDTIf we we're able to break this triangle pattern, the market could recover from it's dump. If $51,000 breaks, we could predict for another leg up for bitcoin and in some other alts. Alts market cap is still looking good, btc.d is below 53. Hoping that bull market cycle isn't finish yet. But please, always put stop loss from every trade. Trading alts now is very risky at the moment. I would suggest, wait for the retest of 51k if it breaks before longing any alts and btc. If we failed to break that resistance, we might go to 40-43k level. alts would be bloody, make sure to have an exit plan before it happens. Trade with a plan, and plan your trade. Trade responsibly
by CryptoProfessor
2
CHZ/USDT MARKET CYCLE EXPLAINED Good day!! Green weekdays ahead. In my technical analysis, in this chart explains the market phases. It is very important to study about these phases to increase your win rates in trading and also to avoid to be in distribution phase. as of now I'm very bullish on CHZ/USDT. In this chart, 2 cycles occurs. as of today, i guess we're on accumulation phase of the market and i guess it is ready again for it's mark up for it's 3rd cycle of the market. trade responsibly. Trade with a plan.
Long
by CryptoProfessor
SXP 1D Need fall by $2.60 so that later grow to $20Well, the goal of $5 has been achieved , a little not as planned in the previous idea, but still. Even the SXPUSDT price slightly updated the maximum, but so far these are false breakouts. Now, according to the SXPUSD chart, you can see that at the moment strong support has formed at the level of $2.60 , why shouldn't the Swipe price go there again?) And after there, it will be possible to start a long-term super growth in the region of $20 , of course, if the general mood on the crypto market will contribute to this. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
43
SXP forming symmetrical triangle after sell offWe saw a deep correction yesterday and those who were lucky to grab a bag at the bottom are likely taking profits. From this chart analysis (4 hour analysis), we can see that the price is consolidating and forming a symmetrical triangle after a bearish movement. With recent news and FUD from Coindesk stating that south Korea's top financial regulator suggested that Korean exchanges could all be shut down by the fall, I'm expecting price to continue lower. If you're shorting, keep your stop loss to the resistance line. If price breaks below support line, I'm expecting price to target 2.40. We will wait and continue to watch as this symmetrical triangle pattern continues to develop.
Short
by gemelocosta
2