SXPBTC trade ideas
SXPBTC At 4 hour resistance.SXP has had a wild ride over the past few days. Now i see its sitting at 4 hour resistance for SXP/BTC Pair.
The Fundamentals are quite strong. So need to see where it goes from here
#Swipe BTC #SXP BTC Mid Term
SXP still has a significant uptrend as we expect in the medium term
Keep an eye on it
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SXP BTC 4H We've seen a spike of more than 390% in a month and a half, I did a great study of the project, and it will continue to go up in the coming months, so the $ 10 price is very close, maybe $ 50. You can keep track of the stuff I download and you get more than 50% profit every month. .
SXP/BTC: Swipe Bullish Reversal Analysis 4H (Aug. 01)X Force Global Analysis:
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In this analysis, we explore Swipe, a De-Fi (Decentralized Finance) coin with huge potential upside.
Analysis
- To begin with, SXP has formed a falling wedge during a corrective trend, indicating a signal of bullish reversal
- In doing so, it has formed a bullish divergence in which prices formed lower lows, and the Relative Strength Index (RSI) formed higher lows
- Along with it, the Moving Average Convergence Divergence (MACD) also formed a golden cross, signaling a bullish reversal
- However, the RSI is about to test its upper descending trend line resistance
- Prices are currently testing the 0.382 Fibonacci retracement resistance, and SXP is having a hard time breaking and closing above
- Moreover, prices are located under the Ichimoku Cloud resistance as well, which currently aligns with the 0.5 Fibonacci resistance
- While the 20 Simple Moving Average (SMA) shows a potential reversal, looking to potentially form a golden cross with the 100 SMA, it is still trading below the longer moving averages
What We Believe
In summary, while SXP has a decently bullish technical setup, and can benefit from the fact that it's a De-Fi altcoin, we expect strong resistance between the 0.382 and 0.5 Fibonacci resistance zones.
Let us know what you think in the comment section below
Trade Safe.
SXP/BTCHi Members!
This is our new strategy for accumulate BTC,
Coin : SXP/BTC
Exchange: Binance
OCO Entry Zone: 0.000241 - 0.000248
Target 1 : 0.000268 (10%)
Target 2 : 0.00031 (27%)
Target 3 : 0.00035 (43%)
Target 4 : Raise your personal stop lost
OCO Stop Loss : SMF Channel
Comments: This is our new strategy for accumulate BTC, we use Binance exchange for this strategy, because we need to set a OCO.
And now.......and now I face the final curtain.
The way I read this graphic:
I take into account the Bullish or Bearish Mommentum when it comes to this "crucial" + points.
Have a look, please. I am happy to read your comments. ANYTHING. I am just learning to read a small doji at the top.
#SXPBTC Long another potential 40%SXP (Swipe) is ready for another ride!
After breakout and confirmation, we can see SXP gain over 40%.
Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Remember SXP is acquired by Binance and one of the company coins so we can see huge potential for SXP especially on the coming Bull market that will be like anything we have seen before.
I am extremely bullish on SXP
and this is one of your long term HODL coins.
Short term traders can benefit too ! 40% is not bad at all.
IF this holds we can expect another Bull run by PERL .
ENTRY: CMP (16350 Sats)
Targets:
18382
19924
22966
SL: 13614. Do DCA and buy in Dip
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
This coin is worth watching.Please, remember thet there is a great deal of RISK dealing with Cryptocurrencies specifically.
As you can see here the volatility is fast and wild.
Whatever you do .. BE CAREFUL.
Please do your own research in regards to this coin.Please do your own research in regards to this coin.
SXPHello everybody.I gonna publish some of my thougts.I have been learning some fundamental aproacheas for a couple of weeks..I never did these studies,was following a chart studies only.Picked some small profit and I think learning about new products,coins etc is simply good way to win some money.I operate just a small account now(I erased some in the past :) but go step by step.You can see some of my previous tips was I think winning nearly all of them-my style is not leveraged,I hold if the trade go against me and do DCA trades.
My special thanx go to Quickfinger Luke!
SXP-wish to be buying at green rectangle area.SXP looks good fundamentally as well and is at my radar cause looks like the partnerships etc. looks promising.PT 30% and more in not weeks,I am expecting in a days..
PS:Invest only reasonable amount of money though I believe this one will be golden project..(will se..)
SXP swipe high volume 4H Chart - sxpbtc sxpusd sxpusdt sxpethSXP swipe high volume 4H Chart - sxpbtc sxpusd sxpusdt sxpeth
Swipe (SXP) Potential Bounce Taking Place + Next TargetSwipe (SXPBTC) is bouncing now and multiple signals support this move.
We have strong volume coming in, higher than the daily average.
Prices bounced off the 0.618 Fib. retracement support level.
The RSI is really strong and prices are moving above EMA50.
On a close above EMA50 additional bullish action can take place with the next target being the magenta dashed line.
The main support is the 0.618 Fib. retracement level.
If prices for SXPBTC move below this level, we are likely to see lower support tested marked in the chart with a blue dashed line.
I hope that helps.
Namaste.
