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SXP

SXP big break target setupNormally with camarilla pivots (these are the monthly levels) you want to enter on the break of L4 and restest for H5. The reason I suggest entry here is because the weekly levels are also setup for possible L3 (range bottom 4.09) to H3 (Range top 4.80) The weekly trade playing out would be confirmation of the maonthly and this may be an early entry opportunity. for a very tight stop could use just under 4 dollars. for loose stop could use this purple monthly pivot point.
Long
by Gunslinger2005
2
SXP break out soon ?? 📢 Hello Traders. Hope you are having a brilliant day. Well, I want to talk about SXP on 4H chart. As you can see, price lately broke the yellow resistance line with a nice green candle. What now? I think price is going to make a compression under the purple resistance which is ATH and then breaks out. Best buy positions are : 1) Pullback to the yellow line ( around 4.5$) 2) When it breaks the purple resistance and consolidates above or pullbacks to it. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on SXP and don`t forget to comment what you think. ✌
Long
by Existansilon
$SXP Cup & Handle - The handle begins to formThis is my first published idea, so cut me a little slack please :) I've been waiting for SXP to break out of it's cup, and it seems like we've had a few failed opportunities over the past few weeks. However, we hit the ATH today, which was quickly rejected back down to the level right above the the left side of the cup. This tells me that we're actually entering the 'handle' stage. Exciting, gentlemen & gentleladies. From here, we're looking for the formation of the handle. Rational thought tell us that handles typically last between 25% - 40% the total width of the cup. Unfortunately Crypto isn't rational--but we're still going to use that guidance, which would put us at a breakout of the handle between June & the first week or so of July. What we're looking for is a breakout into the green zone on extremely heavy volume. We'll be looking for something above $150M on the daily on Binance. If we do enter the 'green zone' on heavy volume before our predicted dates, we will be taking a long position as soon as both volume breaks $150M & price breaks it's previous ATH daily close of $4.72/$4.73. Our optimistic target will be the $8.90 area, as that would be the current height of the cup above the breakout area. Right now I'm staying neutral, but bullish in the short to mid-term. signed, biggest n00b in the world
by thecryptoent
3
SXPUSDTHello to you all. Mars Signals team wishes you high profits at all times. The price is in an upward trend, which experienced a fall with the fall of bitcoin. Now it is stuck in an upward triangle, and although the price played a little below that triangle, it has raised itself if the triangle ceiling breaks and stabilizes. It can be entered above for higher prices and if we break from the bottom, we intend to fall Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals