SXP IS WILLING TO TAKE A SWIPE AT 6SXP is visibly climbing a trend line. It has been respected a few times. MACD is showing divergence in the positive zone. In fact, SXP has stood its ground although the market is shaky right now. We might see a retracement, but it will be a step backwards to leap upwards. RSI is cruising around in the overbought zone, so a minor retracement is not out of the ordinary. Volume is not sufficient, TBH, as it is with most altcoins. Tread cautiously!
SXPUSDT
SXP >$50 IMMINENTAnyone see this beautiful ascending triangle playing out? Taking the measured move of the base of the triangle to the resistance, we see a huge power move crushing to my new target. Tokenomics, infrastructure, and fundamentals of this coin support this move.
Any thoughts? would love the discussion.
SXP 1D Pattern "Cup with handle" and growth target $60On the fall in May, SXPUSDT buyers showed once again that they are not planning to let the price go below $1.30. By the end of July, the price of SXPUSD once again dropped to a strong mirror level of $1.30 , from which buyers began to drive the price up. SXPUSDT price growth at the moment shows more than +100%
If we look at the SXPUSD chart globally, we can assume that the "Cup with a handle" pattern is being forming now.
For the full completion of the formation of the "Cup with a handle" pattern, the SXP price needs to rise to the area of $5.50.
Well, when the pattern will be formed , and a positive attitude prevails on the crypto market itself, then we will need to fasten your seat belts)
Since the path will open for growth first to $10-11.
Further correction and continued growth to $25 .
And the icing on the cake can be " $60 for the SXP ", as the final global TP of working out the "Cup with a handle" pattern.
Eh, dreams — dreams :)
What do you think about such a scenario? Write in the comments!
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SXP looks also strongYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP/USDT has a great bullish chance!Hi every one
SXP / TETHERUS
SXP/USDT Has been ranging in a Rectangle pattern. Now the price is about to touch the Bottom line of this pattern so there is a Strong chance that the price would start a bullish movement to the top of this pattern once again!
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
SXPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating above the support line. We have identified a support line for you, and if the price fluctuates above the line, it can continue to climb. And in case of breaking the resistance line and stabilizing above the line, we can enter the trade for the above goal, but if it penetrates and stabilizes below the support line, we consider falling to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
$SXPSXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you wanna play it safe wait for a break below and retest of the red resistance area and then short. Inversely a break above this red area would be a long into the green box.