SXPUSDT trade ideas
SXPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. R1 is the resistance line which has rejected the price several times. After the last rejection, our Short signal was issued. Our target is at the S1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SXP - LONG-TERM Woop, good morning traders,
Look at SXP, whether it is deepest bottom or not. Actually, I never try to guess what will happen. I just look at candle stick, it always say a story to you. Current now, SXP has some key points :
1. Triangle pattern had been created and price broke bottom trend line.
2. At local strong support 2.0-2.3, bearish engulfing pattern had been completed, that mean retest fail.
3. RSI triangle also broke and under 50, it will move quickly to overbought area when price drops deeper.
By these analysts above, highly price will sink deeper to 0.7-1.0. Now, just keep patient and observe
Swipe (SXP) Buy ZoneSwipe (SXP) Buy Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : Medium
Swipe has become mid-term neutral as it retested its $1.2 zone and rejected them with recent strength. This means we have to wait for further price action confirmation, which will determine SXP’s next significant move.
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$SXP/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 1.15 - 1.23
TP 1 : 1.275
TP 2 : 1.375
TP 3 : 1.46
TP 4 : 1.53
TP 5 : 1.6
TP 6 : 1.705
TP 7 : 1.765
TP 8 : 1.83
Stop Loss : 1.05
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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#SXPUSDT (Watchlist) 11/21#SXP maybe worth it to add this coin to your Watchlist. 👀
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Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
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.
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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!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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!
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