✳️Swipe/USDT Analysis (15/1) #SXP $SXPSXP may not be able to rise in the coming days but will fall sharply from $1 zone to $0.6 zone and then rebound back to $1 zone and will rise sharply after February 12 (Lunar New Year).
If $0.6 zone continues to lose, it will slowly fall back to $0.4 zone, which is a good zone to buy.
📈BUY
-Buy: 0.55-0.6$. SL B
-Buy: 0.95-1$. SL B
📉SELL
-Sell: 0.95-1$. SL A
-Sell: 1.3-1.35$. SL A
-Sell: 1.65-1.7$. SL A
♻️BACK-UP
-Sell: 0.55-0.6$ if B.SL A
-Buy: 0.4-0.45$. SL B
-Buy: 0.95-1$ if A. SL B
-Sell: 1.3-1.35$.SL A
-Sell: 1.65-1.7$.SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP
SXP 12h H&S reversal and up or false hopeAnyone who has been following our ideas for a long time should remember that we wrote about SXPUSDT for 60 cents back in September.
Then, in the previous ideas, we confirmed that the target is relevant and this happened)
We hope that those who hated us in the previous ideas have successfully purchased)
Because we need to trade according to what the chart draws, and not how the "wants" suggests.
And now, on the horizon, there is finally a ray of hope for growth.
Possibly H&S reversal pattern is forming on the chart.
If the price can fix higher, while the impenetrable zone, $1.10-1.30, then there will be a super chance for the SXPUSDT price to grow to $2.80.
Fly in the ointment: if the price fixes below $0.68 and the level $0.6 also be broken down, then the price will fall to $0.36.
_______________________________
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 :)
SXPUSDT ( Channel Breakout)#SXPUSDT ( 1H chart) Technical Analysis Update
Channel Breakout
SXP/USDT currently trading at $0.845
Long Entry-level: Above $0.90 (Enter long after 1 h candle closes above $0.90
STOP LOSS: below $0.79
Reisstance level 1 (Target 1): $1.05
Resistance level 2 (Target 2): $1.180
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
SXP swipe ; have we reached the bottom finally?? Pretty self explanatory. Is this the bottom?
This things been going down for quite a long time. For a Binance backed and integrated project that is quite odd. WHEN it does go I bet it will go fast and big.
Lets see if this is the path it will take. I could see it flat lining for quite awhile before popping up as well.
SXPUSDT (Descending Channel Breakout)#SXPUSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
SXP/USDT currently trading at $1.03
Long Entry-level: $0.90 to 1.05
STOP LOSS: below $0.76
Reisstance level 1 (Target 1): $1.26
Resistance level 2 (Target 2): $1.85
Resistance level 3(Target 3): $2.50
Max leverage: 2x
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
SXPUDT An update on SXP / USDT with my short-term vision where I hypothesize a movement with a first target of 0.750, confirmed by the breakout from the channel in blue, the minimum at 0.600 seems to me a nice retracement level from which to start again. Long-term SXP remains in a bearish channel for now
SXP can bulls win this time?Hello
I have spotted bullish divergence on SXP, bears made a lower low with less strength.
With current market conditiosn I think price should recover a bit (1-1.5 X).
IN such dynamic market I reccomend to not use leverage just spot.
Good LUCK
This is not financial advice. It is only for fun.