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SXPBTC trade ideas

SXP (swipe) watch out for the reversal !!!My 2 cents' worth on SXP (Swipe) A lot of people got rekt by Swipe with their poor support and Binance with their staking rewards and keeping the price low when it comes to the SXP (Swipe) project. But, I never believe that this is the end of SXP. Binance has a majority stake in Swipe and Swipe will deliver the Binance VISA card. When a new coin is listed the coin got hyped and a lot of unknown people are getting in at high prices while the whales already be in there. At that moment the wales are selling and everybody else got rekt. Other examples are Sushi, FileCoin, YFI, etc... The good projects will stay around and make the reversal. I think Swipe is one of them because they are backed by Binance. Now, if we look at the chart we can see a double bottom. So I personally think we could see a strong reversal here.
Long
by seoco
SXP/BTC (Strong Selling Pressure)💎Technical Analysis Summary💎 BINANCE: SXPBTC -SXP broke its immediate support area around 8400s sat -We can see the daily candle is extremely Bearish -The potential downside target is around 6000s sat -Please don't try to catch a falling knife -Wait for any sign of Bullish strength before opening a trade A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
5
SXP will starts its bull run ?BINANCE:SXPBTC Hello everyone 😃 Bullish side 📈 -Heavy support zone -BB`s lower band is acting like support -Both RSI & STOCHASTIC RSI are in oversold zone Bearish side 📉 -MACD is bearish -All of the EMAs are resistance I think we are in the end of the bearish movement , SXP/BTC has reached to its old and heavy support area so if it can take hold the support zone and break the downward resistance we will see some bounce ... Also SXP has a good fundamentals because of its hardworking team ! But don`t forget that most of the indicators are still bearish , so if any daily candle closes under 7800 sats it will be very hard to recover ... Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
Long
by Helical_Trades
6
SXPBTC - In the buy zone AGAIN. Potential Breakout Incoming!SXP is back in our buy zone. Gonna keep this short and savory. Last time it was here we got a 50% bounce up to the next fib level. I suspect we could get a little higher this time as behavior has been bullish despite declining prices.. We're currently trading in a descending channel. Right at the top of the channel. This is a nice spot to be: we're either gonna fail the retest of the bottom support of the yellow buy zone #1 and plummet to buy zone #2 (not marked on this chart to keep it tidy. check the old one if you want to see it.) or bust out of the channel and turn bullish again. Wait for signs of a breakout in this scenario. We're literally right there. TP is marked on the chart. SL below current buy zone. We've seen 2 successful retests that haven't faltered below the buy zone, the chances of having a retest fall far below it and correct are slim. -- “If you wish to control others you must first control yourself” -Miyamoto Musashi -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2
SXP/BTC (Test Key Trendline Resistance?)💎Technical Analysis Summary💎 BINANCE: SXPBTC -SXP retested key support area and may have found support again -This is good in the short term Bullish action -But the midterm trendline resistance is still there -We can not ignore this potential strong barrier -Because the Bears can easily enter the market -If you want to enter on a safer approach -Please wait for a trendline breakout -And wait for support retest after -Upside target is up to 20ks sat or higher A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
18
SXP/BTC BREAK THE LINE a.k.a BREAKOUT================ BINANCE:SXP/ BTC ================ SXP/ BTC breakout the line SXP HIT THE BREAKOUT LINE maybe it's time the WEAK UP pottential long 89,9 % the reason 1.sxp cross the falling wedge 2. sxp in support major 3.three soldier chart and bullish engulfing let see maybe tp 1 in 17548 tp 2 :21000 tp 3 :26600 tp 4 : 30254 ============================================== Trading is High Risk this is Not Financial Advice Please use Risk Management ============================================== support my channel Thumbs Up, Comment & Follow Happy Trading Thank You! :) ==============================================
Long
by AnnandraRahman
3