SXP INVERSE HEAD AND SHOULDERS IDEAMy idea for SXP USDT, we have bullish divergence on 4 hour time frame, lets see ;), btc last idea choose down idea, lets see what gonna happend with sxp, trade safe ;)
Sxplong
SXP wil be 4,8001111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
SXP/USDT PredictionSXP/USDT Looking very bullish, just buy and hodl tight i'm sure it will give you minimum 3x returns, thanks me later.
SXP Possible move's in midtermSXP breaks a long downtrend and if the price stabilizes can move upwards towards the targets.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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SXPTRY(USD)-1-Well Done!
As I told you the pattern is just completed its shape and we gain meaningful profit.
see you at the next analysis
SXP to $10I have been extremely bullish on Swipe (SXP/USDT) for a while and even more so with several upcoming events such as the token burn in August 2021 where the founder of Swipe, JL will burn 10M SXP (currently worth over $25 million) from the Founders unlock. JL has recently burned a whopping 50 million SXP tokens (Valued at $200M) which decreased the total supply by -17.5%. Ultimately, the goal of reaching their deflationary target of only 100M Swipe tokens is nearing, whereby the supply of Swipe tokens will be reduced by over 50% from the current total supply (239.6M). The recent launch of Swipe v2 was very successful and there is huge anticipation for the upcoming SwipeChain testnet launch on July 6th 2021. Fundamentally, the future looks very promising for SXP holders.
Bitcoin's huge -50% retracement from ATH this week resulted in a bloodbath for Altcoins. With surplus FUD circulating the price of BTC flash crashed to $30k, and alts were down over 50-70%. This has provided a great opportunity to buy the fear and secure a long term entry on SXP which has retraced -70% from its local high of $5.87 in early May 2021. The daily RSI has also cooled off and reached oversold levels 30. It is important to monitor BTC closely for now, which has bounced promisingly from the low of $30k already, currently trading at a price of $41650 at the time of publishing this idea. If Bitcoin can successfully regain $42k (200 daily EMA), then I believe the market sentiment will flip bullish again in the short-medium term with eyes on the 21 weekly EMA (at around $46k) being the next major resistance for BTC.
We are already +30% up from my entry at $1.79, which was communicated to my premium group yesterday. Pay close attention to the upcoming resistance levels on the chart highlighted by the red horizontal lines, once these levels are broken and confirmed as support I believe SXP will swiftly rise towards breaking its ATH and reaching our target of $10 which sits below the 2.618 fib extension level. If you are interested in receiving time sensitive entries and market updates in my premium group, follow me on TradingView and send me a message for further information.
Be sure to follow me here on TradingView if you want to receive future updates and SL adjustments for this trade and many more.
Disclaimer : This is only my opinion and should not act as financial advice, always DYOR (Do your own research).
SXP Looks like M?Firstly SXP if didnt hold this summer ATH then we possible got bounce from daily EMA.
SXP BullishSXP is probably in its ascending broadening wedge, confirmation will be after the breakout of the highlighted orange area.
SXP/USDT 120% potential from here...? Fresh entry..?#SXP/USDT TA update:-
$SXP currently trading at $4.123
And You can see good bounce back from $3.90 support level.
Now...?
I am buying here some $SXPUSDT
Fresh Setup:
Entry:- $3.90-$4.120
Targets:- $5.20/$9.120
SL:- mentioned in chart.
Support:- $3.90/$3.50
Resistance:- $5.20/$9.120
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SXPUSDT Falling wedge patternThe SXPUSDT is at the stage of forming a falling wedge pattern, so the successful formation of this reversal pattern will indicate the end of a local downtrend and provide a low-risk opportunity to open long positions.
SXP Bullish Setup Wave 5Hello,
One of my fav sxp coin,
1. Elliot wave 5 is on the way to 8$ approx
2. hidden bullish divergence on daily rsi
3. price holding above daily ma 20
4. macd is bullish
5. Elliot wave oscillator is turning bullish
cheers
SXP/BTC DOWNTREND PARALLEL CHANNELHello people!
SXP/BTC chart looks like after this DOWNTREND PARALLEL CHANNEL another breakout will come. I will look for a new long option after this breakout with confirmation :-) are now in the 4 hour chart already failed at the resistance times but the breakout will come. But it does not look so bad. In SXP/USD today we have already seen a very nice PUMP, think that we soon break out in SXP/BTC :-)
Good luck with the trade :-)
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SXP HIGH RISK HIGH REWARDPair: SXP/USDT
Type: Regular
Suggested entry: Under $4
Suggested Targets: $4.9, $5.9, $7.19, $8
Reason: Price broke resistance zone which is now acting as a supporting zone.
This is a risky call. I'd suggest a small bag, hold it. You can set your own SL. I'm not setting any myself at this time. This is subject to change.
Remember, everything is suggested. The final decision is always yours. I'm not your financial advisor.
Sxp PredictionI think Sxp is forming a continuation rectangle pattern. Let's see how does it go.
It will do ranging for a while then goes all the way to the top.
Long term target is $7, It will be in this month.
Just my opinion, not financial advice.
