SXPUSDT
$SXP, Crossed & flipped back to support ~1.07$ $SXP
Crossed & flipped back to support ~1.07$
UCTS Showing a buy signal on the daily for the 1st time as its starting to cross Ichi cloud/EMA50 for the 1st time..
Volume also showing good volumes (almost ATH)
Room to grow is massive and current level could act as pivot
#SXP
SXP/USDT - potential +58% tradeHello, Traders!
Let's observe the potential deal we might see in the SXP/USDT market.
The asset is in the consolidation zone and has long been behind the altcoin market.
The MA100 on H12 timeframe acts as a dynamic support.
RSI values on H12 timeframe go into uptrend and are in bullish zone.
In order to reduce the risk, the entry can be made in two parts: between $1.06-1.11 in the first part and between $1.13-1.18 in the second part, after the price goes beyond the point of $1.13.
SL under $1.03
Targets at price levels:
$1.25
$1.47
$1.67
$1.79
Watch out for the market and leave your comments below!
P.S. This is not financial advice, but only trade I would be following myself
SXPUSDT, When All Stars Aligned to Form Bullish ConstellationSXPUSDT, When All Stars Aligned to Form Bullish Constellation.
Moving Averages (MA) moves in real time. When candlesticks move up trend, the most sensitive MA is 7 periods. In this day chart, it is referring to Moving Averages of a set of 7 Days closed pricings.
To form a bullish transition, all stars has to be aligned after along period of descending. If on a horizontal path of a chart, MA, in this orders 14-26-52-99-199 are straight and stack on top of each other. In other words, no price growth but sort of ready to move up, if not downward.
SXPUSDT, using projection lines to estimate the movement of the MA lines.
On a most optimistic case, Moving Averages not only has to align, plus all need to 'curve' upwards to show Bullish Trend.
1) Crossing of MA 14 over and above MA 26.
2) Crossing of MA 26 over and above MA 52 but both below MA 14.
3) Crossing of MA 52 over and above MAMA 99 but below MA 14, 26 and 52.
SXPUSDT Analysis EngineeringRobo and I are both bullish about SXP.
If you're hold SXP, continue to hold. If you're interested in buying SXP, now would be an ideal time to buy with 3 Buy signals from EngineeringRobo and the current price just sitting above the 0.953 support level.
If holding or buying now, it's advisable to sell with EngineeringRobo sell signals. You could also sell at the uptrend line or the 1.930 resistance level. Or, for the more conservitive trader you could sell at the 1.185 resistance level.
No matter what level you buy or sell at, you should pay close attention to EngineeringRobo signals!
If you're looking to use EngineeringRobo, DM me!
Swipe SXPUSDT - Bullish rectangle + next target- Swipe is lagging and consolidating in this bullish rectangle pattern.
- I would buy the breakout of this pattern, then looking for target (0.618 fib + horizontal resistance)
- 1+2 Elliott waves completed, now the third is on our way
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SXP/USDT finally found local support ?SXP / USDT
🌟 TECHINCAL ANALYSIS 🌟
Sxp recently dumped hard last few months after huge pump in last August
Now when we look at chart
Ascending traingle formation and trend line support
Macd is bullish
Above ema 20
We now at possible alt season
So the chance for going up is more than Breaking down
Just need btc not to drop hard
This is not a financial advice
Please have a plan before a trading and use stoploss
Good luck and happy trading 🌹
SXPUSDT (Descending Channel Breakout)
SXP/USDT Currently Trading at 1.0$
LONG Entry Above 1.0$ (only enter long Ater the 4-hour candle closed above the 1.0$)
Stoploss: below 0.88$
Resistance Level 1: 1.18$
Resistance level 2: 1.42$
Resistance level 3: 1.80$
Risk Reward Ratio: 1:6.5
ALWAYS KEEP STOPLOSS...
Swipe SXPUSDT - Descending triangle + Double bottom- Swipe looking terrible
- Great setup to enter a short + take profit on the double bottom patterrn
- Then i expect a new big uptrend.
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SXPUSDT Analysis EngineeringRobo and I are both bearish about SXP at the moment. There are currently 2 sell signals to only 1 buy signals. Trades not adivsiable at the moment
- If you are interested in buying SXP you could buy at .714 support level.
- You could buy with the next EngineeringRobo buy signals.
If you do buy with EngineeringRobo signals, pay close attention for those EngineeringRobo sell signals!
If you're looking to use EngineeringRobo, DM me!
SPIUSDT, Possibly the Start of Bullish ReversalSPIUSDT, Possibly the Start of Bullish Reversal.
Double bottoms of equal lows showing support in the Up Channel from its lowest bottom to the recent higher low.
If and only if there is a series of rising candles and it hit above the Neckline. This shall be the 1st conformation.
Some hours to watch how it playout and it could mean the start of a bullish reversal in a macro level.
In the interval of 1 Weekly chart, it also quite likely SXP is positioning for a a bullish trend.
The SRSI is starting to show the leading K-Line. However, a better confirmation is the K-Line to cross up and above the 20% mark. Slightly more than a day would have the Weekly Chart updated. This is 2nd confirmation.
The 3rd confirmation is the ascending trend to produce higher high has to hit above $1.30-ish, in order to gain x3 supports at $1.20, Plus, achieving 50 % of the Fib chart.
Formation of the 3rd confirmation is the 3 waves possibly form part of the 5 impulses for uptrends.
Overall, it is still in an early stage positioning and trading is better for Long. Perhaps, to reap profit by end of the year of March 2021.