SXP/usdtKendime notumdur (Not financial advice)
This chart is my first chart.
I am waiting for elips on trend
SXPUSDT
Trading idea for SXPUSDTSXP has chance to reach another ATH if it keeps over that trendline or we will need to wait more :)
SXP HIGH RISK HIGH REWARDPair: SXP/USDT
Type: Regular
Suggested entry: Under $4
Suggested Targets: $4.9, $5.9, $7.19, $8
Reason: Price broke resistance zone which is now acting as a supporting zone.
This is a risky call. I'd suggest a small bag, hold it. You can set your own SL. I'm not setting any myself at this time. This is subject to change.
Remember, everything is suggested. The final decision is always yours. I'm not your financial advisor.
Sxp PredictionI think Sxp is forming a continuation rectangle pattern. Let's see how does it go.
It will do ranging for a while then goes all the way to the top.
Long term target is $7, It will be in this month.
Just my opinion, not financial advice.
Critical Times for SXPThe SXP has been traveling in the tunnel for a while. Now it's close to the lower limit. If it doesn't return to the tunnel again, we may see a critical drop in its price. If it breaks the upper limit in the coming days, we can see a nice price increase.
SXP/USDT: Huge Cup and Handle on the daily!SXP has been respecting fib levels to the dot and only recently, it has managed to hit an ATH at 5.638, with a major strong support validated at the 2.52 zone. On the larger timeframe an obvious cup and handle has been forming over several months. Now we look for a retracement along side BTC approaching resistance, with ENTRY LONG targets of 0.618 to 0.5 fib levels, which has previously served as a strong support - the $4.5 zone has seen repeated rebounds after SXP gets rejected off $5.2 resistance in the earlier days of April 2021.
ENTRY: 4.35-4.7
Targets: 5.6, 7.588 and 9.1252 (the completion of the cup and handle formation)
SL: For stop loss we can choose a tight stop at $3.9509 or if would like more allowance for volatility, stop loss can be placed at $3.4798, beyond which a bullish retracement is definitely invalidated and we look more for a DOUBLE BOTTOM or a RANGE between $2.5-5.5
NOTE: A daily bullish close above 5.01 would mean validation of the previous resistance cluster as support, which might mean our entries may not even be filled. However, this is not a likely scenario due to the extended run SXP had went from 23 April without a real correction.
SXP predictionI think SXPUSD will continue a bullish run. Best time to buy is beginning and middle of the month.
SXP for $ 10 soon !!!SXP tranding beautifully and still forms higher highs and higher lows. We will probably attack the $10 price during this bull market.
Currently, SXP has seen great growth in recent days.
According to the volume, it seems that the bulls are running out of power and we can expect a probable drop slightly below 5 USD.
Subsequently, I expect further growth and new ATH above $6.
SXPSWIPE/SXP. Thoughts are in the green box as to why i am bullish. Yellow line depicts my thesis for price action. not financial advice.
Watch SXPwaiting for breaking the triangle, after breaking, this can be the path of SXPUSDT.
watch carefully.
When $SXP (Swipe) leaves this area, things will move quickly 👀When $SXP leaves this ranging area, thinks will move really fast.
There's still bullish momentum, which is the reason I expect this to move upwards.
Joselito, send it 🥂
