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Sxpusd

SXP/USDT is about to increase again?Hi every one SXP / TETHERUS there is an ascending triangle on the SXP/USDT chart which the price has broken out of it but we must see what will happen to this day's candle will it be in the triangle or not? anyway there is also regular bearish divergence(-RD) on both RSI and MACD in the 12H time frame so we can be certain that there will be a bearish movement to the upper line of the triangle at least and than the trend would continue! if the daily candle can make the upward break out we can expect that the price would increase as much as the measured price movement.(AB=CD) Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
19
SXP vs USDT Fibonacci AnalysisBottom chart is for reference to show where the fibs are drawn from. On SXP we can see that it is currently in a falling wedge. It is still in a downtrend on this section, making clearly lower highs and lower lows. There is very clear support at the point marked in a purple box because: -It is a horizontal zone of high volume, meaning there are likely to be a lot of buyers waiting there. -It is a 0.618 on the fib of the last upward impulse move (fractal continuation fib) -It is a 0.382 on the long term fib of the large upward move (continuation fib) It is currently bouncing off a low volume zone, which is bullish if there is significant follow-through. I am not sure there will be. So I waiting for price to go a bit lower, on another capitulation, before entering. It is a safe entry in my opinion. If it gets filled, great. If not, look for more trades. Remember to keep a level head and take profits when trades go your way!
by StayHydrated1
SXP 12h Where will the price move next: by $5 or by 1.30I n the previous idea, we warned or even wrote directly that it was time to take profits for longs. Literally after that, the price of SXPUSDT dropped from $3.70 to $1.70 in a few days, which is a hard -50% Now the SXPUSD price has again approached the $3.60-4 zone Again, you need to closely monitor the price behavior. A 1-2 day consolidation above the $3.60 level will give a chance for an impulse up to $5 per SXP However, if we see false breakouts of the level on the chart again, like last time, then the price of SXPUSDT will first go down to $3.00-3.10 And below this level, a way will open for a fall to $1.3 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
28
SXPUSDTLooks like an interesting coin for now. It does have the potential to see new highs... I might get into it myself, but before that, we have to wait and see if it can breakout that resistance (as shown on chart). After the breakout was confirmed above the resistance, its good to go! ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅ Comment if you need a chart 💬
by ShawnMCR
6
🆓Swipe/USDT Analysis (2/3) #SXP $SXPThe selling force is still strong and dominated, so we should follow the downtrend by selling SXP at 2.4$ zone for the targets at 1.8$ and 1.2$ Only if SXP conquers 2.4$ zone, we will expect a recovery to 3.2$ zone 📅NEWS 👉Apr 30 : V2 Wallet App 👉Jun 30 : Burn & Stealth Releases 👉Jun 30 : DeFi Integrations 👉Dec 31 : Swipe Financial 📈BUY -Buy: 1.7-1.8$. SL if B -Buy: 1.1-1.2$. SL if B 📉SELL -Sell: 2.35-2.45$. SL if A ♻️BACK-UP -Buy: 2.35-2.45$ if A. SL if B -Sell: 3.15-3.25$. SL if A ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Short
by CryptoStation
5
SXPUSDT (SWIPE) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - SXPUSDT brokeout above the descending trendline resistance (DTR-1) and retraced, breaking down below the ascending trendline support (ATS). - Price retraced for a test of the 0.618 fibonacci retracement level. - The retracement was resisted by the descending trendline resistance (DTR-2). - Price brokeout above the descending trendline resistance (DTR-2). - Price action is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
2