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SXPUSDT trade ideas

SXP/USDT descending wedgeFriends, greetings to all. I want to share my thoughts about the SXP crypto asset . From February 2021 to the current moment, SXP is consolidating within the framework of the "descending wedge" formation, which presupposes an upward breakdown. My expectations are to see the SXP increase by 600% from the current to the dynamic resistance line, the test of which occurred in May last year, and even earlier in August 2020. The chart to BTC is considered as a confirmation. On which consolidation in the previously untraded range is clearly visible, the current formation resembles an "inverted head and shoulders", which also presupposes a change in the trend towards growth. If you liked this idea, please like and subscribe, get in touch. :)
by Greenload
5
SXPUSDT Analysis (LONGTERM with good RR)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Nothing has changed from my last analysis. Last time I took + 40% and the rest of pos was closed in breakeven, reopened the deal, the goals are the same. Entry: market and lower Target: 2 - 4 - 6.2 after first target reached move ur stop to breakeven Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
SXP Targets -- Long term target 7$I have already posted our SXP targets as short-term and medium-term moves targets. Our short-term target: 2.060$ Our medium-term target: 4.08$ Our long-term target: 7.53$ Disclaimer: I am not a financial advisor. Do not take anything on TradingView as financial advice, ever. Do your own research. Consult a professional investment advisor before making any investment decisions! My ideas here are for entertainment only! Follow my social media for more @heyitsayoub
Long
by AyoubChaiboub
4
Good Risk/Reward SituationSXP looks really interesting here, and if you're a gambler, this might be a bet worth taking. The bearish case is that we have a large Descending Triangle. The bullish case is that we have Extreme seller exhaustion and may soon be printing bullish divergence. It's important to point out that while normally I would look at seller exhaustion as being a good bullish sign, *extreme* exhaustion can actually be a bearish sign as it can indicate that demand has all but dried up. However, in this market, a small-to-mid cap coin with dried up volume can be very tempting for speculators as it won't take very much volume to generate huge volatility. I think this is a gamble that could pay off big and might be worth a small position here.
Long
by mercury_rising
SXP/USDT : One of the coins to buy in the major dip ! BINANCE:SXPUSDT [/symbol Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #SXP has been struggled so mush in many descending channels. Now there're two sets of major bearish channels in play and the majority would be bearish too ! But considering the liquidity pool at 36K on BTC as our last deep and a proper relief to +56K; I would add #SXP into my holding bag for sure. The lower Daily Demand looks very stiff and breaking below it won't be easy for bears with #BTC being tighten in downtrend movement ! 📚 However I would set an invalidation as any breakdown confirmation below $1.200 and the entry should deep down near $1.300.. - The suggested portfolio engagement is 3% as maximum pool and it's better to catch some of the profits in movement. The lower Demand could support the pair to break above the smaller descending channel, But still there will be a huge sell off event near above $2.200. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
39
SXPUSDT Daily TA : 01.10.22 : $SXPAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
SXPUSDT Analysis +340% FROM HERE WITH HUGE RISK/REWARD POTENTIALHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. Entry: market and lower TP: 2.2 - 4 - 6.2 after first target reached move ur stop to breakeven Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM . Risk/Reward 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas!
Long
by trytofeelpositive
4