Sxpusd
Is SXP looking for a bottom?Hello,
SXP is part of the Binance family, and from the fundamentals point of view it has very high chances to approach the crypto.com dimension in the future. Since it was bought by Binance, the project has been in a continuous sell-off, but I think this direction is quite close to the end. I expect that in the coming weeks the price will find a floor, which is why I will use part of the profits obtained with other projects to establish many purchase orders placed between $ 0.2 and $ 0.65. Good old DCA for this one :). My intention is to reap the fruits in a longer term: 6-18 months. Currently, the price has dropped more than 88% compared to ATH, but it will be able to go even lower, especially if Bitcoin will have a serious correction. It would not surprise me that SXP reaches a decrease of 95% -98% compared to ATH.
Happy New Year!
Sisif
SXPUSDT (Descending Channel Breakout)#SXPUSDT Technical Analysis Update
Channel Breakout
SXPUP/USDT currently trading at $0.8635
LONG ENTRY Level: above 0.8750
STOP LOSS: below $ 0.8170
Resistance level 1 (Target 1) :$0.9320
Resistance level 2 (Target 2): $0.9940
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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SXP 12h So far there is no positive on the horizonMore than a month has passed since the publication of the previous SXP idea, and the situation has not changed globally.
The SXPUSDT price failed to fix above $1.30 . It is surprising that the project that exists under the patronage of Binance is now in decline.
There is no particular interest or accumulation.
There is also silence on the news background, even without loud announcements.
If the price still manages to fix above $0.9 , then it will be possible to make a trade to $1.
If the impulse is strong, it will be possible to count on growth even to $1.30 . There is no point in looking at the above.
Below $0.8 sellers may feel buyers' helplessness and flow the price first to $0.61 . And if they like the taste of blood, then it's not that far to $0.49.
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SXP On Watch For A Potential Bottom & Could Explode Higher MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market could be here right now
Crypto Is Very Bullish right now should move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
$SXP, Crossed & flipped back to support ~1.07$ $SXP
Crossed & flipped back to support ~1.07$
UCTS Showing a buy signal on the daily for the 1st time as its starting to cross Ichi cloud/EMA50 for the 1st time..
Volume also showing good volumes (almost ATH)
Room to grow is massive and current level could act as pivot
#SXP
Swipe SXPUSDT - Bullish rectangle + next target- Swipe is lagging and consolidating in this bullish rectangle pattern.
- I would buy the breakout of this pattern, then looking for target (0.618 fib + horizontal resistance)
- 1+2 Elliott waves completed, now the third is on our way
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SXP/USDT finally found local support ?SXP / USDT
🌟 TECHINCAL ANALYSIS 🌟
Sxp recently dumped hard last few months after huge pump in last August
Now when we look at chart
Ascending traingle formation and trend line support
Macd is bullish
Above ema 20
We now at possible alt season
So the chance for going up is more than Breaking down
Just need btc not to drop hard
This is not a financial advice
Please have a plan before a trading and use stoploss
Good luck and happy trading 🌹
SXPUSDT (Descending Channel Breakout)
SXP/USDT Currently Trading at 1.0$
LONG Entry Above 1.0$ (only enter long Ater the 4-hour candle closed above the 1.0$)
Stoploss: below 0.88$
Resistance Level 1: 1.18$
Resistance level 2: 1.42$
Resistance level 3: 1.80$
Risk Reward Ratio: 1:6.5
ALWAYS KEEP STOPLOSS...
Swipe SXPUSDT - Descending triangle + Double bottom- Swipe looking terrible
- Great setup to enter a short + take profit on the double bottom patterrn
- Then i expect a new big uptrend.
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