Get started

SXP

SXP 12h So far there is no positive on the horizonMore than a month has passed since the publication of the previous SXP idea, and the situation has not changed globally. The SXPUSDT price failed to fix above $1.30 . It is surprising that the project that exists under the patronage of Binance is now in decline. There is no particular interest or accumulation. There is also silence on the news background, even without loud announcements. If the price still manages to fix above $0.9 , then it will be possible to make a trade to $1. If the impulse is strong, it will be possible to count on growth even to $1.30 . There is no point in looking at the above. Below $0.8 sellers may feel buyers' helplessness and flow the price first to $0.61 . And if they like the taste of blood, then it's not that far to $0.49. _______________________________ 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
9
SXP - Nearing the End of it's Consolidation Cycle? 2021 Boom?SXP has been experiencing a significant downtrend since it's Soaring August high of almost exactly $5. Swipe has been one of my favourite alts since release as it has until the last few months had crazy volatility and gives a VERY healthy yield return for hodling (I wonder why the sell walls get so clogged up on this chart... hmmmm????) We look to be nearing the end of the cycle in the next few weeks: Clear consolidation can be seen taking place confirmed by volume (save for a few weird outliers). We're oversold on RSI, and MACD is fighting it's way back up the mountain. I suspect January 2021 we'll see a very significant increase across the ALT market, and I believe SXP will easily achieve the marked targets within the next 1.5 ish months. This is not financial advice.
Long
by cryptosince1963
5
SXPUSDT (Swipe) Starting uptrend: first HL after bullish div SXP usdt - starting uptrend first HL after bulldiv After the bullish divergence on the daily, the price was consolidating for a while. Now Stochastic RSI is curling up and it seems the first higher low is forming on the daily. After the bullish divergence, the downwicks showed some tails and the price was rejected a this -2 ATR level. -2 ATR has been the reversal zone for the daily already a couple of times. Then after this upshot that went up to 1.20, it pulled back but found support at around 0.90. The consolidation went on and there were some stabs down, but on the 4H TF you can see that the candles never closed below 0.90. The impulse changed to green on the 4H Timeframe, and although the candle is only on one third of it’s duration, the impulse is green. I expect a move up now and change of trend. If that happens, I expect it to move up to the target zone between 1.58 and 1.76. I will get out in thirds, but that will also depend on the patterns then and how things will look like. If the trend shows good strength, I might be able to higher the stoploss if a new HL show ups. This will make it possible to add to these support levels. On the 4H Timeframe we can see that it did hit this 0.88 - 0.90 support level, but as said the candles never closed below it, when some level has been visited four times, and then bounces stronly off, it show us it does not want to go that way. The impulse has changed to green and the EMA’s have crossed. Entry: to be defined on shorter TFs. Good levels are 0.95 - 1.01 (currently price is pulling back on the 1H TF, and I am looking for that decline to tick up again and then buy). R/R ratio: 1:5 up to 1:7 Stoploss: 0.87
Long
by Tornado_Trading
1