SXP LONG SETUP 22%if price breaks solidly on 4hr above white resistance, long. stop loss after is a close below same line.
SXPBTC trade ideas
SXPBTC Ichimoku long signalTenken sen crossover the kijun above the kumo on the 4hr timeframe, after a breakout of the trend. very good sign. We can see 3x fail to break 4400. but with higher lows each time. sell if breaks read dotted trend line. enjoy the trade.
SXP BTC TRADE SETUP light blue zones are major resitance and support, darker blue is minor. we see SXP following the red trend line back up to the major resistance, if solidly breaks below red trend line. short, look for re-entry potentially at yellow upwards trendline
if breaks above current price and minor zone, long and wait for confirmation of break of upper light blue zone
sxp short term potential short then longif price breaks below the upper current dark blue zone, rebuy on white trend line if price confidently is rejected there, then long.
After the greens on USDTWe can see here that we dont have so much green light than on the USDT pair.
First step is to get over the cloud with the chart. Then break resistance with lagging span and break finally the cloud with span. This can take some days.
Other thing is the 3 majors resistance above. Which at the current btc price would make SXP at 2,90$, 5,5$ and 7,8$ and seemed to high to me.
I think BTC.D will reduce more in the coming days.
SXP REVERSAL into bullishSXP is now showing signs of a bullish reversal in the major trend on the daily time frame.
sxpbtc-1dsxp has broken MA50 with a strong candle with high volume as depicted on the chart. Now we see a turn in price trend and it is going to break MA99. if it breaks MA99 and come out of ichi cloud strongly we will expect a good run for sxp
targets :4500-5000-8000-10000-15000
Sxp needs to break the cloudIf the ichi cloud on the daily is broken then the target is around 10k sats which will be reached in like a month
If rejection from cloud exit the trade
SXPBTC - Long - Potential 10.08%SXPBTC - Long - Potential 10.08%
Entry- 4068
TP1- 4259
TP2- 4478
SL- 3795
- Key Notes - BTC in late consolidation. Volatility likely.
- RR - 1.6
- Trailing Buy - 1%
- Trailing Profit - 1%
- Trailing Stop-Loss - no
SXP/BTCI've been holding this coin for over 3 months and yet to break major area, thought this DEFI coin that released debit cards in the States would do much better, now approaching 100 daily EMA and another big resistance area, damn it
Crypto|SXP/BTC|LongLong SXP/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level of the consolidation zone after the fall.
* Possible closing of a trade before reaching the take/stop zone.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
#SXP is testing the resistance for the 5th timeSXP is testing the resistance for the 5th time
Eventually this leads to a breakout 📈
