Update on SXP/USDT - buy the breakoutSXP broke out. A bull pennant is forming. Watch for the breakout
Everything is bullish atm... So no surprise if this breaks out. In these market conditions, one can buy even before the breakout, but that is not recommended due to the risk that follows. Buy at own your own will.
SXP
Will SWIPE - SXP hit ATH again?The SXP/USDT pair has raise from a dip after a turbulent 2020 yearend because of a lot of rumours.
The rumours where, that the SXP price was manipulated. A lot of investors where disappointed and sold their SXP.
We can see now a clear reversal.
We went back above the .236 fib. It found support on that .236 fib and is continue climbing higher.
At the moment of writing XRP becomes a bit overbought. I still think it can go higher because of an announcement that will be made on 9 February 2021.
My targets for the long run:
° 1.608 (.236 fib) DONE
° 2.255 (.382 fib)
° 2.777 (.5 fib)
° 3.300 (.618)
° 4.044 (.786)
° 4.992 (1)
Don't forget to get profit or set alerts when we hit the next fib levels.
You can always buy it back when it tracing back. It will not go in one straight line to its previous ATH (All Time High)
Also keep a close eye on BTC. If BTC starts to pump it is better to move some of your profits in BTC.
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
SXP ..amazing profit after my call !SXP / USDT
Hi guys this coin i mentioned it multiple times
It give us around 133+% profit until now
You can check the original call in tradingview in 7 JAN here 👇 :
For those who bought with us you should sell some and hold other by moving stop because it still has more potenial higher targets
SXP - 4h. Good chance for 20% tradeAn interesting situation in the SXP market. On January 27, buyers aggressively attacked the range of $1.24-1.27 . As you can see from the volume and number of attempts to break through this range, the plans of buyers were serious .
It took several days for buyers to buy out the entire offer on the market in a narrow consolidation. After a local test in the range of $1.24-1.27 on February 2, the buyers proved their strength and are ready to push the price higher.
At the moment, the SXP price is in the consolidation channe l. If buyers can consolidate above $1.55 , we will see a sharp rise in price by 20%. The main goal is the range of $1.74-1.8.
An interesting fact is that we wrote about the growth of this coin much earlier in our global idea:
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Very important news about sxp currencyVery important news about sxp currency
Hello
Bainance CEO announced today that he has launched Bainance Pay and Bainance Card payment gateways.
These two features support 5 currencies, including the SXP.
decrypt.co
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GOOD LUCK
SXP/usdtBINANCE:SXPUSDT
Hello
Crossing white line from red upwards and breaking the trend and Pivot the same time with the price stabilizing at 1.305 in both Time 1 hours and 4 hours, all indicate the increase of this currency, with God's help.
The chart says it all, do you agree?
I'm bad with a lot of lines.
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GOOD LUCK
After the greens on USDTWe can see here that we dont have so much green light than on the USDT pair.
First step is to get over the cloud with the chart. Then break resistance with lagging span and break finally the cloud with span. This can take some days.
Other thing is the 3 majors resistance above. Which at the current btc price would make SXP at 2,90$, 5,5$ and 7,8$ and seemed to high to me.
I think BTC.D will reduce more in the coming days.
🔥 SXP/USDT Strong Price ActionSXP/USDT has seen strong growth over the last week, hitting both profit targets as mentioned in my last SXP/USDT post.
Since price action seems strong enough to support a longer term bullish move, I'd see this coin reaching new highs very soon.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.
Happy trading!