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SXP

SXPUSDT 1D - At the ground floor! Basement? Or going up?SXP is potentially at it's bottom support. At least as far as historical data goes. We see volume has absolutely tanked as the price has been consolidating down, constantly bouncing off the yellow support zone. A couple volume spikes notably on green candles. RSI is very oversold. MACD is fighting sideways. I think the earlier volatility followed by the sideways movement has kind of paralyzed this indicator at this moment. Wait for a confirmed breakout direction. As volume is at a low we're likely to see some increased pressure in one direction or the other in the coming days. If we're heading up, TP's are in green, the yellow fib is possible bounce point on short term breakout, and the Purple (Violet? Pink? magenta? your guess is good as mine fellas) levels are long term potential tp's. -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
by cryptosince1963
1
SXPUSDT AnalysisAt this moment, there Sell 3 signal present and I'm BEARISH . So, I don't think this is a good time to buy yet. If you want to buy again, we have 4 different options. 1- You can wait for EngineeringRobo's BUY signals to be present, 2- You can wait for candles to open-close above resistance level (1.84) for 1D to buy, 3- You can buy when candles open-close above down trend-line, 4- You can buy when candles touching the support line (1.07) After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
by EngineeringRobo
4
SXP. 12h. Critical point $1.65.SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further. If the news background continues to delight with positive and effective news, the SXP token may continue to grow to $2.65. However, if bears will capture the crypto market dominance, then the SXP token will NOT get away from the fall. Below $1.10 sellers' zone . Having fixed below this level, sellers will be able to extend the fall to $0.61. We will keep an eye on this token! Have a profitable week! ______________________ 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
2
$SXP short idea. Not looking great unless it breaks above.SXP has been on a steep downtrend after peaking out at $5-ish. The hype cycle was very fast, whole CT was bullish, everyone bought in on the news that it will launch the card and it will be the next big thing on crypto and things like that. Once the card actually came out, they gave in, and we now need to stake Bnb and (NOT SXP), which, in my opinion justifies the short. I'd possibly not buy this now. looks like a clean bearish retest on the compressed 4h chart. :) I'd short it with a small capital, with stops set above the zone. Let's see where it goes :)
BINANCE:SXPUSDShort
by Retail_Insider
14