SXPUSDT
Rise of DeFi is near Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first.
As you can see some of the big names in DeFi are consolidating for a long time.
I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity.
If we look at their rise on summer DeFI we can guess it might happen just before BTC reach its all-time high. Guessing the ATH of BTC is another subject but I see a huge opportunity in Giant projects in DeFi that have been quite for some time.
SXP entered to pump zone#sxp has two big support zones and a support test zone as you see on chart
the price is going down to retest the support zone again
we can have a big rally to break the roof and super pump to ATH
buy and hold it if you want to have super altcoin
i bet it can surprise you by his price
if you agree please like and share
comment me your special coin to analyse
good luck...
Long SXPUSDTLong SXPUSDT
I will long SXP on the 6H close above a close of the 2.96 zone after a breakout and retest of this zone. We have been consolidating
below this resistance since september 6 drop.
Entry trigger 6h close above 2.95
1st target 3.55 zone
2nd target 3.95 zone
Invalidation day close below 2.36
SXP and all you need to know about it Hello everyone, hope you guys having great trades.
for last few days, SXP has been in a trading range, between support and resistance zone shown on the chart. we haven't seen a daily candle closing below support or above resistance but we may see it today.
anyways the best setup would be to wait for the breakout confirmation ( Daily candle closing above resistance ), and then entering the trade.
I personally think this currency has a lot higher to go and has been playing around for quite a long time, I guess its time to see some moves.
Targets are also drawn with red lines on chart but here is your TP :
- TP1 : 2.941
- TP2 : 3.580
- TP3 : 4.204
Enter with your own strategy and risk management, my advice is to enter with strong candles confirmation, and placing your stop loss somewhere in trading range as the support zone is too far away.
Share your idea on the comment section below and also don't forget to like and follow
SXPUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 2.8 - 3.1 - 3.5
after first target reached move ur stop to breakeven
stop: ~1.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.5
risk is justified
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SXP2021 It has been a very good year for the Swipe cryptocurrency, which has appreciated by exactly 681% since its opening of the year. Winter was the best peak the currency could reach, since then the currency has devalued more or less than 50% these days. That for me I see this as a possible purchase opportunity in the future. Now I'm going to explain why I see it as a possible purchase from her. Speaking of it graphically now, I see that prices have consolidated where bulls and bears are not in charge, like a tug of war, where no one is winning or losing PORIQUANTO! Prices stabilized when they left the trail of a graphic figure, which is called the Symmetrical Triangle. Given these circumstances of 2021, I see this pattern as a possible continuation of bull bulls. It is clear if prices manage to break the resistance line of the round numbers of 5 dollars
DISCLAIMER: Please note, my studies portray only my personal opinion and should be considered for educational purposes only. They should not be considered as asset purchase or sale recommendations (calls), only a CNPI has such authorization
#SWIPE #SXP my Exit Target @ $7.2SXP is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH.
So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels.
That said, I'll have 1.618 FIB R level to be my target roof at $7.2 while it has all the potential to continue north from there... but that is a risk that I don't intend to take.
NOTE
CRO is closing towards 1.618 FIB Level, which seems to be this quarter top for most Alts. SXP (CRO competitor) didn’t nudge yet. Don’t expect Binance will let it sleep for long.