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SXPBTC

SXP looking real good! (continuation)Nothing to more to say. Took a small dip under it's strong support as the whole market and is looking to move against BTC on it's next leg up. Patience, patience will make you wealth long term. If you didn't sell or bought the bottom congratulations. RSI very clearly smashed through its resistance and now is battling it's daily moving average. *Small victories wins the battle* I want you to yell with me the immortal one word message of Pheidippides to the Athenians from Marathon NENIKIKAMEN! (WE HAVE VICTORY) But only we have won the long term battle.
Long
by WeAreSat0shi
4
SXPBTC: Home Sweet Home!SXPBTC BINANCE:SXPBTC has taken a long journey downward these days, like the other altcoins. As I believe in a bear market for Bitcoin, I predict that SXPBTC is not ready for a pump yet as it penetrates its support level the other day and also there is no volume confirmation for a big move. However, no one knows what future holds. If SXPBTC prices be able to violate their very conservative trendline and BTC BITSTAMP:BTCUSD prices continue upward, we may see a rise for SXP, otherwise after touching the trendline, they will be back to the channel line or even break it down. Home sweet home! I would be very happy to see what your ideas are, Thanks. (Do not trade on the idea unless you have your own confirmation)
Short
by BavanTrader
6
SXP Finally Moving BULLISH - Triangle Wedge Broken #SXP TA Update: 1. SXP has been in a downtrend since 30 Aug 2020 due to the instability of Bitcoin Dominance. 2. SXP has rejected monthly support, and it is near the demand & supply zone. We may see some accumulation here, and Bullish move afterward. 3. Volume is continuously decreasing as well as price has been decreasing, which means that the downtrend is not supported by the volume, and weak hands are selling it. 4. Volume Needs to increase for uptrend move. 5. Lots of events are coming for SXP at the end of September, so may see a spike in price around 30 SEP 2020. Also in October. 6. IMPORTANT: Keep In mind the BTC Dominance as well, BTC Dominance is at the RESISTANCE level, if it breaks the resistance then ALTS gonna BLEED more. So, Watch Closely. Trade Safe. Never Invest you whole Capital. Go with 5-10% per trade. Please support me by giving a like or thumbs up to this post.
Long
by SmartMaxi
3
A perfectly executed SXP shakeout with imminent reversalBinance are masters of marketmaking and painting charts. They brought SXP to a nearly full retracement from its major run and have shaken as many people as possible out. As we approach new week starting from 21 September, we may expect - but not necessarily get - one last scam wick downwards to hunt for stoplosses and force utter capitulation of SXP holders before starting a full-scale reversal, possibly coinciding with weekly closure. Despite all the scary news and FUD, Binance and Swipe team still hold a large percentage of SXP coins and likely to keep charts perfect they will not allow decimation of the support floor currently found around 13200-13600 sats, in order to keep the overall long term upward trend intact. Full recovery seems plausible within 5 weeks. Further price action will depend on FA releases. Given the level of FUD against Binance and Swipe, it does seem likely like a coordinated campaign to shake out holders who forgot that barely a month ago Swipe was viewed as a Unicorn. If it's a Unicorn defi powering the largest crypto credit card by far (basically all binance customers), is it reasonable to assume it peaked at 350m USD? Is it also reasonable to forget CRO's marketcap is still 3.5b USD? Shakeout perfectly executed. Reversal commencing around weekly closing/opening. Risk/reward is 1:4 within 1 month.
Long
by Goldsworth
2
SXP/BTC (Testing Last Area of Support)KUCOIN: SXPBTC -SWIPE is now testing the last key support area at 13500 sat -This level is very important because it will decide its midterm future -On the good side, it is trading inside this Bullish descending channel -The pattern is unconfirmed until it manages to break upside -Is it good to enter now an anticipate a breakout soon? -Yes as long as you will have proper allocation and stop-loss level -But my best advice is to wait to form a base of support -And also, patiently wait for the breakout confirmation -With this, you will reduce the risk and have a good stop-loss area `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
9
Thoughts about SXP/USD and other altsTake your money back and leave the shitcoin market if you haven't done it already. Look at the Swipe, a poor situation, the same will happen for the rest of the hype altcoins this year. As we said earlier, the altseason is over. Swipe is now heading towards its starting point, around 80 cents. There is a possibility of a technical rebound from current prices, but you shouldn't take it seriously. By the way, the ATS strategy took its profit without any doubts.
by I.T.Analytics
8