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Sxpusd

SXP/BTC (Retest Key Support?)SXP/BTC -Swipe is testing the Key support area again around 23800 sat -This region is a confluence of previous resistance turned support -The 0.618 Fib level also coincide and the 200MA dynamic support as well -We can also see the upward trendline of support starting from July 27 trading -Two option to enter this market condition -Opening buy position at current market price -It is aggressive but the reward is huge if SXP will continue its uptrend -But the risk involved is much higher since there is not enough confirmation yet -If you want to enter with less risk, you could wait for the break of local resistance -Buying above 27000-28000 sat will give extra confirmation that the uptrend is about to resume -The choice is yours, what is your risk trading appetite? -Please always plan your next trade -Exit if becomes invalid and take profits once in good condition
Long
by PolarHusk
SXPUSD - Consolidation & Expected Trend ContinuationThe recent correction in SXPUSD was part of a market wide event triggered by volatility in BTCUSDT . We have now been squeezed into a range bound consolidation. Potential outcomes in the short term: Remain range bound and essentially pegged to price action on BTCUSDT . Prevailing uptrend loses intensity, but not necessarily invalidated. Maintain prevailing uptrend and breakout of consolidation zone. Retest of local high around 5.0 if trendline support is respected , otherwise establish new range at higher bounds. Break below bottom of consolidation zone and break current market structure. New range established at lower bounds. I have been accumulating at the bottom half of the range and selling in the top half. This is also, IMO, a good long term hold. Long term trend for BTCUSDT is looking bullish as it recently broke out to the upside on a long timeframe wedge, and it is likely to bring alts along for the ride.
BINANCE:SXPUSDLong
by Derivati_Capital
SWIPE SXP breaking the 5$ resistance to ATH roadmap 10$ possiblPls check the chart this is what i think that will happen. Getting another ATH aint easy road but we will get it. mainnet + staking August 22 2020 Testnet launching Sept 1 2020 Testnet live sept 30 2020 USA license approved Announcement for BANK partnerships to be look forward Another region license approval for Swipe announcement UK swipe cards are being shipped USA swipe app open on android and IOS - Announcement on Swipe cards release coming in soon USA LICENSE APPROVAL AND CARD RELEASE = COINBASE LISTING rumored as they are in custody with coinbase PAYPAL PARTNERSHIP rumored Large partnerships in ASIAN countries approval - INDIA - TURKEY - PHILIPPINES - INDONESIA confirmed. STAY TUNED
Long
by markacegalvez
3
SXP/BTC (Healthy Pullback?)SXP/BTC -There is new local resistance at 34000 sat range -After the price falls back to the previous support area -If there is another Bullish attempt in the making -A potential retest of green trendline area -And a strong bounce up to break the downward resistance line -If that happens, this will lead to more upside scenario -The initial target is up to the swing high at 44000 sat or higher -Bearish side, if the candle closes below the green area -It will lead to a longer consolidation phase
Long
by PolarHusk
5