SXP/USDT : Buy setup | RR 3.67BINANCE:SXPUSDT
Hello everyone 😃
SXP had a pullback from support zone.
Now it's below historical bullish trendline;
We might see a rejection here but current support zone is a good point for reversal movement !
Also MACD is reaching all time low sell limit in Binance..
🔴 Don't take it with leverage !
We don't recommend to take high leverages in no trade zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
SXP
SXP/USDT May gain 60% and more to gain after the Burn EventSXP completed the expected retracement due to the oversold market condition of BTC , we must expect the overall bullish trend to reach an all-time high of around $6.
It is moving between the Trend lines and over the strong buying pressure for the SXP around 2.8-3.2 Zone. Currently, the Sellers are in control but soon the pressure will be relaxed and it will start the uptrend.
Multiple retests will be required after hitting the all-time high to continue the bullish trend . Only time will tell if SXP will be able to enter the new price discovery zone.
You can expect a profit of approx. 60% from the current buying position in approx 2 Weeks.
10M coin burn in around Q3 as per the roadmap, approx June 30 will shoot the price of the coins to the next zone. we will release the next Analysis during that time :)
SWIPE ROADMAP Published by the SWIPE Team.
Best wishes, Let me know your thoughts on this.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
🆓Swipe/USDT Analysis (19/4) #SXP $SXPThe buying force is trying to push SXP up to above 3.5$ zone. This is a good sign that it could continue to move up to 5$, 6$ or even 10$ in May and June. But the 5$ zone is very strong that it could have a correction to 4$ zone
📅NEWS
👉Apr 30 : V2 Wallet App
👉Jun 30 : Burn & Stealth Releases
👉Jun 30 : DeFi Integrations
👉Dec 31 : Swipe Financial
📈BUY
-Buy: 3.4-3.6$. SL B
📉SELL
-Sell: 4.8-5.0$. SL A
-Sell: 5.85-6.15$. SL A
-Sell: 9.7-10.3$. SL A
♻️BACK-UP
-Buy: 2.4-2.6$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP is tryin HARD to break Swipe Token was forming Cup and handle until red dildo candle formed by BTC
good opportunity to buy now.
Reasons to buy:
💡SXP token is backed by Binance
💡 Swipe team burns SXP tokens periodically
💡Great project, High volume, traded on top exchanges.
if Doge can reach that high, legitimate worthy one can multiply too!
SXP touched strong trendline supportSXP / USDT
SXP / BTC
in this bullrun
SXP one of few coins that always recover fast after every strong shakeout
Today it touched strong trendline support in both pairs
if you believe in this coin can accumulate some here as long as this trendline Support hold
Invalidation : daily candle closure below support line
Dont forget risk managements
SXP - Buy the breakoutHere's a quick look at SXP 2 hr chart. As we can see, the price has been in the yellow Triangle for some time now and we might see a move soon. If the price break above the breakout level shown in the chart, we will very likely see new ATH - Keep an eye on this!
The idea is: Buy the breakout from the level shown in the chart and Take profits at the levels shown in the chart.
Targets:
1. 5.5$
2. 6.2$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SXPUSDT [FUTURES] [H1] Upcoming near Trendline 🚩🚩SXPUSDT Upcoming near Trendline 🚩🚩
Now SXP is climbing near trendline will wait untill beakout and pulldown around new support and now loking for Buy position
find more focast FOREX & CRYPTO on my youtube channel Tamjai Trader
Goodluck
Ton Trader
💲💲💲💲💲💲💲