Sxpbitcoin
SXP LONG FOR LONGTERM!SXPBTC has a strong resistance/support area around 6800 sat which is brokenout to the upside with good volume around 2 weeks ago.
Yesterdays sell off does push the price down below that area but it goes back up therefore im optimistic for the future.
If we can hold the green uptrendline, price movement can go a lot higher with %500-600 return to the ATH.
Price looked like it ll form an M pattern on bolinger band but it didnt and price go even lower and right now its in the middle.
Macd is bearish and volume is not low, rsi is around the middle going down.
All of them are bearish signals but as long as we hold 6800 sat area im still long on sxp.
Even price breakout to the downside i ll see this action as buy oppurtinity and wait for to buy!
SXP ( new ATH possible ?)SXP / USDT
one of coins that show strong volatility
In weekly chart we can see only growth and keep flipping strong weekly resistances into supports
If it can hold the current weekly support between
( 2.7$-2.5$ ) So we can expect another growth toward ATH or higher
If not then will test the lower support again which is less likey to happen here but also not excluded so dont let your guard down
Now i keep looking at weekly candles closure
SXP SWIPE BITCOIN - READY FOR BREAKOUT - SXPBTC SXPUSDT SXPUSDSXP SWIPE BITCOIN - READY FOR BREAKOUT - SXPBTC SXPUSDT SXPUSD
SXP good reaction at weekly demandSXP / USDT
Good reaction at weekly support
We bought on the retest between 1.8$ -2$ (second signal)
First signal was when price around 0.8$
If the weekly candle will close like that will be extremely Bullish toward 3$ and 5$
Invalidation : 1D close below 1.7$
Good luck
SXP try to Breakout !SXP / USDT
try to breakout from Bullish pattern
I think its about to finish consolidation phase soon
If Breakout happened and BTC didnt dumped hard it will moon
Good luck and happy trading
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.
SXP/USDT finally found local support ?SXP / USDT
🌟 TECHINCAL ANALYSIS 🌟
Sxp recently dumped hard last few months after huge pump in last August
Now when we look at chart
Ascending traingle formation and trend line support
Macd is bullish
Above ema 20
We now at possible alt season
So the chance for going up is more than Breaking down
Just need btc not to drop hard
This is not a financial advice
Please have a plan before a trading and use stoploss
Good luck and happy trading 🌹
SXP/BTC last chance for bullsSxp/btc
Lost more than 86% from it's top in 13 August
And now it dropped to its Lowest price in binance
Since start trading on the exchange
This can be the last chance for bulls to save it from die
SXP/BTC (Strong Selling Pressure)💎Technical Analysis Summary💎
BINANCE: SXPBTC
-SXP broke its immediate support area around 8400s sat
-We can see the daily candle is extremely Bearish
-The potential downside target is around 6000s sat
-Please don't try to catch a falling knife
-Wait for any sign of Bullish strength before opening a trade
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SXP/BTC (Test Key Trendline Resistance?)💎Technical Analysis Summary💎
BINANCE: SXPBTC
-SXP retested key support area and may have found support again
-This is good in the short term Bullish action
-But the midterm trendline resistance is still there
-We can not ignore this potential strong barrier
-Because the Bears can easily enter the market
-If you want to enter on a safer approach
-Please wait for a trendline breakout
-And wait for support retest after
-Upside target is up to 20ks sat or higher
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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✳️Swipe/BTC (7-10) #SXP $SXP #SXPBTCSXP is heading to 7500-8000sts zone and this point may be the start point of new uptrend that you all should buy in for the target 12000sts in late October
SXP/BTC BREAK THE LINE a.k.a BREAKOUT================ BINANCE:SXP/ BTC ================
SXP/ BTC breakout the line
SXP HIT THE BREAKOUT LINE
maybe it's time the WEAK UP
pottential long 89,9 %
the reason
1.sxp cross the falling wedge
2. sxp in support major
3.three soldier chart and bullish engulfing
let see
maybe tp 1 in 17548
tp 2 :21000
tp 3 :26600
tp 4 : 30254
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