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Sxplong

#SXPUSDT looks prime for 400% Rally!Welcome to this quick SXP/USDT 1day analysis in the chart. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-#SXP/USDT looks triangle pattern create and 400% Rally confirms and long term hold! Entry:-$1.140 $1.335 Target:-300% TO 400% Stoploss:-$0.966 With leverage 3x to 5x And long term hold and good profit 😉🙂😊✈️✈️ Q:-What do you think about this? Do you think we will see a new ATH of SXP in the next quarter? Share your views in the comment section. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
2
$6 SIX DOLLAR SXP STILL A POSSIBILITY!TL;DR -Watch for restest of horizontal support -Target $4.19 as first target( sell initial investments) -Watch for succesful retest of D1 resistance or purple trendline and add to positions -Target trendline resistance as second target ($6.5+) As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long term. However, Bitcoin seems to have crashed that party and had our idea invalidated/delayed in the process. Not to worry. In this Idea I will show you levels I'm still watching for the "dinosaur coin" (as one of my comrades would describe it) Diving into the chart above, we can see that SXP has strong resistance at the $3 level and $4.19 level and even got rejected several times at those levels, but i failed to point that out in my last analysis(which is linked below btw). Furthermore, we seem to have formed a strong support level at the $1.27-1.3 area with multiple wicks below. Looking at the dotted trendline (our major trendline when plotted on a log scale) seems to be where price bounced off most of the time, but now it has been breached due to recent events. Plotting a second trend line on a regular scale (lower black trendline), we see price seems to have formed a new trend support and aligns perfectly with our support region @$1.3 levels. Zooming in, we can also notice that a range has been formed within our resistance and support levels ($1.27-$4.19). Also everytime we touched the lower trendline, we managed to make it back to the higher resistance trendline at ath levels, but the move back in may only touched horizontal support and not the lower trendline, hence $4.19 coming into play for rejection. Main Trade Idea: Watch for a retest of the $1.3 area(or enter now if it suits you) and Target $4.19 as the first target to sell half of your holdings or your initial investments (whichever one you prefer) and target trend resistance as the second target (around $6.5) On reaching the first target, you can watch for a retest of the D1 resistance and see if we get and S/R slip there to add to your positions, or wait for a retest of the purple trendline breakout. As always, if you agree with this idea, comments and likes are a great feedback.
Long
by RektMyMom
10
$SXP PERP WAITING FOR A LONG POSIt is unclear what BTC will do, so it is risky to open a long trade right now, I will use the Inverse Head and Shoulder Pattern as an opportunity to open a long trade, which might form at the bottom, if the prize drops between $1.40 - $1.50. Even though the formation target is $2.11, I set $2 resistance level as my target. Good luck to everyone in their trades. BTC nin ne yapacağı belirsiz, o yüzden şu ara işlem açmak riskli ama ben BTC 48000 üzerinde tutunacağını düşünerek SXP nin $1.40 - $1.50 arasına geri çekilmesi ile dipte oluşacak OBO yu long işlem açmak için fırsat olacak kullanacağım. Formasyon hedefi $2.11 olsa da öncesindeki $2 seviyesini kendime hedef olarak belirlerim. Herkese işlemlerinde başarılar.
Long
by alplaila
SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle. Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III. After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction Once wave IV is done, potential price target is $89! Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well. I am a firm believer of this project and do think it will pull similar price actions to that of BNB. Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already Below is a realated idea explaining the ACBDE wave structure.
Long
by RektMyMom
SXP/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. SXP /USDT lying on a very strong support level. Entry: $1.63 to $1.6 Targets: 30% to 40% Stop Loss: $ 1.5 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
5
SXP POSSIBLE LONG & SHORT SCENARIOSXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into at least $500 before EOY. Sidelined since the start of september. Stay Safe folks and don't FOMO.
by RektMyMom
3