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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Sxpusd
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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Swipe SXPUSDT - Bullish mode, 2.4 USD target- Swipe broke out of the descending channel on the daily chart
- Now the trend has changed and i expect higher prices up to 0.618 FIB
- ABC correction on the larger scale is completed
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Swipe SXPUSDT - Elliott wave + breaking out!- Swipe is also breaking out right now
- The first and second wave is completed, now we are looking for a 3rd biggest wave
- Supported by 0.618 fib last day
- Supported by a major descending trend line
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✳️Swipe/USDT (2/11) #SXP $SXP #SXPUSDTSXP just formed a Doji candlestick at 0.8-0.85$ and this zone has stopped the decline of SXP so over the next few days, SXP is likely to have a rally and target at 1.1$ and 1.4$.
If the SXP continues to fall out of this 0.8$ zone, we will continue to wait for it in the 0.6$ zone
📈BUY- LONG Strategy
- Buy: 0.8-0.85$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 1.1-1.15$. Stoploss if A
- Sell: 1.35-1.4$. Stoploss if A
- Sell: 4.4-4.5$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 0.8-0.85$. Stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SXP 12h. Thinks where next: up to $1.80 or down to $0.61This idea is a continuation of the previous idea , which worked out pretty well.
When the price fixed below the level $1.10, then moved towards the lower target $0.61.
But, on 3 November, the Swipe team published a report on the work done for October, and on 4-5-6 November, they published new developments and project upgrades.
In addition, on 3-6 November, BTC made a leap up +20%.
This mixture of news and events stopped the fall at $0.715 and turned the price upwards by +65% to the current indicators.
In the zone $1.10 -1.30, it will be decided where the price should move next:
- Fixes above the zone, then will open the path for growth to $1.80
- If sellers become active in this zone, then the fall may continue to the previously calculated level $0.61
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SXP AREA OF INTEREST IF YOU WANNA MAKE A GOOD FORTUNE BY HOLDINGNothing much here ALTS still looking for a bottom SXP for example 0.35-0.55 is your ticket to financial freedom. You can buy at 0.7 and hold you still win BUT this is the best entry point. If ever targets are reached even if it may go down to 0.2 it doesnt matter your in good hands in your entry price.
✳️Swipe/USDT (26/10) #SXP $SXP #SXPUSDTSXP just broke the 1$ support zone and the situation is pretty bad.
However, there are still a few scenarios for SXP that we should follow
1️⃣ SXP rebounds from the 0.9$ zone and continues to rise to 1.4-1.5$
2️⃣ Continuing to break out of the 0.9$ zone, the upside target will be 0.6$
Swipe SXPUSDT - Symmetrical triangle + more downside- All time low confirmed last night!
- Swipe is doing very bad, there are absolutely no buyers at all.
- Bitcoin is pumping but SXP is going down = extremely bearish sign
- You can buy SXP at much lower prices, like 0.5 or 0.6 USD
- If you want to profit from this move, please use a futures market to open a short position
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Swipe SXPUSDT - Rectangle bearish formation- Swipe looks bad, i expect lower prices
- Rectangle bearish continuation pattern - you can call it a pennant
- This coin is on ALL TIME LOW
- You can short this coin on crypto futures market
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SXP/BTC (Strong Selling Pressure)💎Technical Analysis Summary💎
BINANCE: SXPBTC
-SXP broke its immediate support area around 8400s sat
-We can see the daily candle is extremely Bearish
-The potential downside target is around 6000s sat
-Please don't try to catch a falling knife
-Wait for any sign of Bullish strength before opening a trade
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Swipe SXPUSDT - Elliott wave + Descending channel- Swipe is going down, there are no buyers at all
- This coin is on all time LOW pretty much, so i cannot see any potential for an immediate short term
- You can buy at 0.5 - 0.6 USD later
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