SXPUSDT
Swipe SXPUSDT - Elliott wave + parallel channel, Ultimate bottomParallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliot wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update...Also, price around 1 USD can be ultimate bottom for this coin.
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Swipe SXPUSDT - Descending triangle, very bad!Swipe is currently forming this descending triangle to the downside, that is nasty. If you take a look at Bitcoin dominance chart (below), you can see Head and Shoulders pattern. I think Swipe definitely have some potential, but for now, we need to wait for a better price in the future. Bulls cannot hold any of previous supports and selling pressure is increasing.
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LONG SXP NOW at 1.225 with 1.15 usdt SL / EW ANALYSISWXYXZ correction done and this should be big W 3
SXPUSDT Chart Swipe(SXPUSDT) fundamentals are very strong. Swipe launched crypto funded USD checking account and debit card. Current market cap only $100 Million. Swipe can be a real competitor and challenge to crypto.com (market cap $3 Billion). Both competitions would help for more innovation and shaping the crypto industry. According to this SXPUSDT got more room to go up and technical supporting too.
SXP LONG , BREAKOUTIF SXP breakout of the channel we might see some huge gain going to the marked fib levels
in case breakout
tp1 @16k
tp2@20k
tp3@23k
tp4@26k
Swipe SXPUSDT - Detailed Elliott wave + channelSwipe is going down, failed to hold any of provided supports, for example 0.618 fib or previous swing support. So in this case, there is an expectation to go down on a double bottom pattern, however we are currently in this parallel channel.
SXPUSDT AnalysisAt this moment, there Sell 3 signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 4 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (1.84) for 1D to buy,
3- You can buy when candles open-close above down trend-line,
4- You can buy when candles touching the support line (1.07)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
SXP might be swiping down for nowSame as UNI and most other altcoins, it just broke down from an ascending broadening wedge, retested and then got rejected.
We should be heading south for now and I expect a loss of about 13%. I am long term bullish in this coin though especially since I'd like to get the Swipe Card soon, so I'll be laddering my buy orders on the way down. Cheers!
Swipe SXPUSDT - Detailed Elliott wave + 0.618 fib supportSwipe is currently in the C correction wave, it should be finished at 0.618 fib + horizontal support from previous swing. It also depends on bitcoin. As you can see my Elliott Wave count, the next wave is the 3rd Impulse wave, which is generally the strongest one.
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SXPUSDT Double bottom pattern?SXPUSDT have to break out within 1 or 2 weeks next to confirm double bottom pattern otherwise we go to the hell!
Be safe trading guys!
SXP. 12h. Critical point $1.65.SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further.
If the news background continues to delight with positive and effective news, the SXP token may continue to grow to $2.65.
However, if bears will capture the crypto market dominance, then the SXP token will NOT get away from the fall.
Below $1.10 sellers' zone . Having fixed below this level, sellers will be able to extend the fall to $0.61.
We will keep an eye on this token! Have a profitable week!
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