SXPBTC trade ideas
SXP/BTC - Cup and HandleLove the look of SXPBTC and SXPSUDT here. Cup and handle chart pattern on both pairs, coupled with some strong fundamental news coming out.
The longer the accumulation, the bigger the pump. Excited to see where this one goes.
Good luck!
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Will CZ from binance pump SXP?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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SXP/BTC - ascending TRIANGLE ( UPTREND ?)Hello everyone, analyzed the SXP/BTC pair
an ascending triangle is visible on the trading chart. Possibly - not excluded - this is an expanding rising wedge.
To understand this and take the correct position, you need to wait for the breakdown of one of the levels (red line) - support
Or resistance and support levels - if a flat range is formed.
View position, only after confirmation + Volume
RSI indicator - Looks very bullish.
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"This is just my opinion, trade with your trading system
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Write your opinion, whether there is a place to buy here, and open a long position
SXP will run a lotYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
$SXP/BTC 4h (Binance Spot) Trendline BreakoutSwipe at Support and about to Breakout of the Downward Trend Line
Current Price= 0.00004657
Buy Entry= 0.00004389 - 0.00004570
Take Profit= 0.00005342 | 0.00005914 | 0.00006887
Stop Loss= 0.00004122
Risk/Reward= 1:2.12 | 1:3.58 | 1:6.07
Expected Profit= +18.37% | +31.04% | +52.61%
Possible Loss= -8.66%
Estimated Gain-time= 1 month
use Maximum 10 % of the Account
Break & releaseVolume up ... Ema 50 curl up sitting on Ema 100 about to break resistance (red rectangle). in the cloud on 1D so break out will be violent. Broke out of cloud in LTF. ideal buy zone green rectangle. i buy in resistance cuz bull market & i like to buy tops ... if it goes south will DCA in green zone. Other way to play it is to buy the red rectangle when close 4h candle above it or wait for greenzone buy that may or may not happen. Targets red lines ... thats it folks good luck see you up there
SXP - Watch out for deeper dropHopefully you were ready for today's shakeout. Normally I'm bullish but I identified this drop a few weeks ago based on fractals (If you believe in such things) - see my BTC ideas.
I'm expecting a retrace then deeper dip on BTC over the next 8+ hours. BTC could hit $41k.
TARGET = 0.0000044
The market is going to new highs so no panic, just good short term opportunity.
Best, Hard Forky