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Sxpusdtlong

SWIPEUSDT GOOD ENOUGH FOR A BUY? — 100DAYS OF TA, DAY 82Time Frame: Daily, 4Hour, and Hourly Hi guys, Welcome back! Day 81 of the 100 Days of TA is here! Today's spotlight is on SWIPE (SXPUSDT). I talked about the next direction of SXP and the whys. I showed some setups here, what usually happens and what would happen. Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section. Always remember that this is Technical Analysis and it's a game of probabilities. Thanks for coming today! See you tomorrow!
Long
by Pearlumie
2
SXP Finally Moving BULLISH - Triangle Wedge Broken #SXP TA Update: 1. SXP has been in a downtrend since 30 Aug 2020 due to the instability of Bitcoin Dominance. 2. SXP has rejected monthly support, and it is near the demand & supply zone. We may see some accumulation here, and Bullish move afterward. 3. Volume is continuously decreasing as well as price has been decreasing, which means that the downtrend is not supported by the volume, and weak hands are selling it. 4. Volume Needs to increase for uptrend move. 5. Lots of events are coming for SXP at the end of September, so may see a spike in price around 30 SEP 2020. Also in October. 6. IMPORTANT: Keep In mind the BTC Dominance as well, BTC Dominance is at the RESISTANCE level, if it breaks the resistance then ALTS gonna BLEED more. So, Watch Closely. Trade Safe. Never Invest you whole Capital. Go with 5-10% per trade. Please support me by giving a like or thumbs up to this post.
Long
by SmartMaxi
3
SXP/BTC (Testing Last Area of Support)KUCOIN: SXPBTC -SWIPE is now testing the last key support area at 13500 sat -This level is very important because it will decide its midterm future -On the good side, it is trading inside this Bullish descending channel -The pattern is unconfirmed until it manages to break upside -Is it good to enter now an anticipate a breakout soon? -Yes as long as you will have proper allocation and stop-loss level -But my best advice is to wait to form a base of support -And also, patiently wait for the breakout confirmation -With this, you will reduce the risk and have a good stop-loss area `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
9
SXP/BTC (Testing Major Support?)KUCOIN: SXPBTC -Swipe is now testing key support area at 16000 sat -And forming a descending channel which is bullish in technical pattern -To trade this pattern, the safest approach is to wait for breakout direction (upside) -Once the breakout is confirmed to the north, strong buying present will start to jump in -The upside potential is up to 36000 sat or higher -100D MA is already approaching the price and will likely once starts consolidating **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
11
SXP/BTC (Healthy Pullback?)SXP/BTC -There is new local resistance at 34000 sat range -After the price falls back to the previous support area -If there is another Bullish attempt in the making -A potential retest of green trendline area -And a strong bounce up to break the downward resistance line -If that happens, this will lead to more upside scenario -The initial target is up to the swing high at 44000 sat or higher -Bearish side, if the candle closes below the green area -It will lead to a longer consolidation phase
Long
by PolarHusk
5