SFPUSDT trade ideas
SFP head and shoulders #SFP/USDT
$SFP is inside symmetrical triangle and also shaped head and shoulders pattern that price is above the neckline.
🐻 breaking down from neck line can drop price to lower support zones and final target of H&S can be around $0.36.
🐮 holding the lower line of triangle as support can increase price to upper line and break out from upper line will increase price to upper resistance zones.
SFP/USDT some good news!!9Good morning guys,
Let's talk about SFP "SafePal". SafePal is a crypto wallet which is doing some major improvements soon. We sow that they shared that they are going to bring Web3 soon enough and at the same same they have been talking about some Decentralized Finance.
On those news we decided take a look at the chart as well and we see great opportunity fro this coin to breakout from that sideways path. From 13th of July we have been seeing how Higher lows have been in making and now it is sitting at $0.449 from where we should see some good volume breakout which would lead to bullish run. What do you think about SafePal?
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SPF - Potential SHORT -15MIN/1HR - Binance for BINANCE:SPFSDTPETrading view post:
Trade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: SHORT
(RE-ENTRY above previous entry post)
Entry 1: 0.5102
Entry 2: 0.6197
Entry 3: 0.7098
Entry 4: 0.8145
Entry 5: 0.8882
Stop Loss: for entry 1: 0.5645 or 1:1 or to own personal risk factor.
-.618 4hrly
Take Profit Targets: 0.3992,0.3857,0.3645
-emas will rise with time so shift tp up accordingly. If we re-enter higher, our same emas become our take profits.
Comments: move stop loss to break even once target 1 is hit. DCA entries above if stop loss is hit. Message me for more entries if needed.
Safepal Analysis ;SFP/USDT Update 📈📉HEY, what's up today ?!
Since 18 Mar 2022, that I posted the last analysis for Safepal , after rising by more than 70% ,
it rejected again and lost the past pivot zone , then as a bull trap massively dropped ,and has
been declining till now!
So today as you see on the Weekly timeframe for SFB/USDT again , after a little consolidation phase around current support zone , now it is ready to have a jump over here, so in this case if it be able to overcome the pivot zon and then breakout the first descending trend line with a good volume as confirmation ,it can reach the higher resistance zones and likewise to see higher resistances but likely will be rejected at the higher resistance zone so we also think about both long then short position ! but otherwise if losses the current zone it can again see the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Accumulation above the line (H1, H4 tf)After breaking out the H4 level and stopped just above the line. This level was tested several time in history and it is obvious that we can go higher until we pull out all bearish orders. The pice in above the level is a + for long positions, The local sales and putting the price under the line liquidated within next 1-2 hours - another _ for longs. (it seems that strong buyer is still holding the position). Estimated TP for long positions is better to put close to daily level around 0.3990. Level at 0.4000 is a strong resistance both technically and mentally (0.4000). Therefore we expect a high volatility there and looking for an local correction sales.
SFPUSDT 4H🔥 SHOOORT!!!Greetings to all👋
💡Everything is according to tradition, you can take a SHORT from the local resistance zone.
▫The RSI indicator shows that the instrument is in the overbought zone and a pullback will soon follow.
✅Do not forget to visit the channel there is a lot of useful information about trading.
Trading opportunity for SFPUSDT Based on technical factors there is a long position in :
📊 SFPUSDT Safepal
🔵 Long Now 0.4105
🧯 Stop loss 0.3810
🏹 Target 1 0.4330
🏹 Target 2 0.4530
🏹 Target 3 0.5000
💸Capital : 1%
We hope it is profitable for you ❤️
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SFP/USDT BUYING SETUP (SWING)SFP potential retesting on demand area before continue upward movement. first try breakout consolidation and make HNS pattern and breakdown . after target reached we can see SFP do reversal and back to breakout for second times. now potential rejection on demand area and can continue upward movement
Buy zone : 0.4 - 0.365
Target : 0.4354 - 0.48 - 0.5316 - 0.5831
Stop : 0.35
Symmetrical Triangle on the SFPUSDTBased on technical factors there is a long position in :
📊 SFPUSDT-SafePal
🔵 Long Now 0.3650
🧯 Stop loss 0.3140
🏹 Target 1 0.4770
🏹 Target 2 0.5430
🏹 Target 3 0.6100
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝