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SXPUSDT

(update) SXP/USDT has a great bullish chance right now.Hi every one SXP / TETHERUS this is an update on SXP/USDT as you can see the price has gone downward and broke the symmetrical triangle but now It has created a new support which is pretty reliable. there is a chance for bearish movement because there is a Hidden Bullish Divergence (-HD) on both MACD and RSI. the bearish Movement can be to the new support which is shown in the picture. the bullish movement from support can be to It's dynamic resistance which is shown In the picture. If price breaks this resistance there are good chances for more bullish movements. Previous Analysis: Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
10
SXP - Short to $1.37It has been a while since I visited this chart but sitting on USD I'm looking for a new long entry on SXP. - These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance. - Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time - Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602 - Target $2.85 Best, Hard Forky
Short
by hardforky
2
SXP/USDT can do both bullish and bearish movement!Hi every one SXP / TETHERUS SXP/USDT is in a symmetrical triangle right now. depending on which way this pattern breaks we can consider a bearish or bullish movement! if the break out is downward than It's bearish or the break out is upward than the movement is bullish .we just have to be patient. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
27
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume. My 50x Pick - BonFire token The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart. Targets: 1. 2.58$ 2. 2.7$ 3. 3.24$ - Profits can also be taken in the resistance zone . Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2