#SXP/USDT#SXP
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.300
The first goal is 0.360
The second target is 0.4100
The third goal is 0.4666
Sxpbtclong
SXP/USDT 2 HOUR UPDATE Welcome to this quick Update, everyone.
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SXP/USDT lying on a strong support level or about to make triangle .
Entry: $2.32 to $2.28
Targets:
$ 2.46
$ 2.55
$ 2.69
$ 2.9
Stop Loss: $ 2.2
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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/BTC - 50% PROFIT - Expecting more.Hello dear friends.
Yesterday, on our channel, I gave a good coin for consideration, paired with BTC. Today + 50% profit.
I will fix partially by 25%, the rest is stop loss at breakeven.
My personal opinion is that this coin will continue to give good profits, so if you decide to follow this, observe your risk management and buy on pullbacks from strong levels.
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This Channel is not financial advise, It's My opinion and My observation: @opptrade
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SXPBTC ready to fly, Target 200%Swipe hits an all-time low today. SXP team is working hard and Swipe is getting a lot of attention. Swipe has done a lot of partnerships in the past few months. SXP is now at a major support zone and the triple bottom is forming up. We expect a good rally in SXY in the coming days.
Buy Zone: 5100-5500
Target: 6100-6700-7500-8300-9100-10200-13000-15500-18500-23000
Stop Loss: 4650
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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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.
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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
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SXP/BTC (Testing Major Support?)KUCOIN: SXPBTC
-Swipe is now testing key support area at 16000 sat
-And forming a descending channel which is bullish in technical pattern
-To trade this pattern, the safest approach is to wait for breakout direction (upside)
-Once the breakout is confirmed to the north, strong buying present will start to jump in
-The upside potential is up to 36000 sat or higher
-100D MA is already approaching the price and will likely once starts consolidating
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SXP/BTC (Retest Key Support?)SXP/BTC
-Swipe is testing the Key support area again around 23800 sat
-This region is a confluence of previous resistance turned support
-The 0.618 Fib level also coincide and the 200MA dynamic support as well
-We can also see the upward trendline of support starting from July 27 trading
-Two option to enter this market condition
-Opening buy position at current market price
-It is aggressive but the reward is huge if SXP will continue its uptrend
-But the risk involved is much higher since there is not enough confirmation yet
-If you want to enter with less risk, you could wait for the break of local resistance
-Buying above 27000-28000 sat will give extra confirmation that the uptrend is about to resume
-The choice is yours, what is your risk trading appetite?
-Please always plan your next trade
-Exit if becomes invalid and take profits once in good condition