sxpusdt 4HBINANCE:SXPUSDT
In the 4H time frame, it broke its downward trend line with a very good volume.
SXPUSDT trade ideas
💡Don't miss the great buy opportunity in SXPUSD @Swipeio
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.69).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SXPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.92
TP2= @ 2.10
TP3= @ 2.23
TP4= @ 2.43
TP5= @ 2.68
SL= Break below S2
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💡Don't miss the great buy opportunity in SXPUSD @Swipeio
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.69).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SXPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.92
TP2= @ 2.10
TP3= @ 2.23
TP4= @ 2.43
TP5= @ 2.68
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$6 SIX DOLLAR SXP STILL A POSSIBILITY!TL;DR
-Watch for restest of horizontal support
-Target $4.19 as first target( sell initial investments)
-Watch for succesful retest of D1 resistance or purple trendline and add to positions
-Target trendline resistance as second target ($6.5+)
As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long term.
However, Bitcoin seems to have crashed that party and had our idea invalidated/delayed in the process.
Not to worry. In this Idea I will show you levels I'm still watching for the "dinosaur coin" (as one of my comrades would describe it)
Diving into the chart above, we can see that SXP has strong resistance at the $3 level and $4.19 level and even got rejected several times at those levels, but i failed to point that out in my last analysis(which is linked below btw).
Furthermore, we seem to have formed a strong support level at the $1.27-1.3 area with multiple wicks below.
Looking at the dotted trendline (our major trendline when plotted on a log scale) seems to be where price bounced off most of the time, but now it has been breached due to recent events. Plotting a second trend line on a regular scale (lower black trendline), we see price seems to have formed a new trend support and aligns perfectly with our support region @$1.3 levels.
Zooming in, we can also notice that a range has been formed within our resistance and support levels ($1.27-$4.19).
Also everytime we touched the lower trendline, we managed to make it back to the higher resistance trendline at ath levels, but the move back in may only touched horizontal support and not the lower trendline, hence $4.19 coming into play for rejection.
Main Trade Idea:
Watch for a retest of the $1.3 area(or enter now if it suits you) and Target $4.19 as the first target to sell half of your holdings or your initial investments (whichever one you prefer) and target trend resistance as the second target (around $6.5)
On reaching the first target, you can watch for a retest of the D1 resistance and see if we get and S/R slip there to add to your positions, or wait for a retest of the purple trendline breakout.
As always, if you agree with this idea, comments and likes are a great feedback.
$SXP PERP WAITING FOR A LONG POSIt is unclear what BTC will do, so it is risky to open a long trade right now, I will use the Inverse Head and Shoulder Pattern as an opportunity to open a long trade, which might form at the bottom, if the prize drops between $1.40 - $1.50. Even though the formation target is $2.11, I set $2 resistance level as my target. Good luck to everyone in their trades.
BTC nin ne yapacağı belirsiz, o yüzden şu ara işlem açmak riskli ama ben BTC 48000 üzerinde tutunacağını düşünerek SXP nin $1.40 - $1.50 arasına geri çekilmesi ile dipte oluşacak OBO yu long işlem açmak için fırsat olacak kullanacağım. Formasyon hedefi $2.11 olsa da öncesindeki $2 seviyesini kendime hedef olarak belirlerim. Herkese işlemlerinde başarılar.
Swipe to $7.20Following a correction of almost 90% since Mid-August and oversold condition (orange column) there is now an ‘incredible buy’ opportunity.
On the above 1-day chart price action has confirmed a regular bullish divergence between price action and the oscillators together with increased volume = very bullish.
1st target $3.05
2nd target $7.20
This trade remains valid from price action remaining above 73 cents.
SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle.
Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III.
After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction
Once wave IV is done, potential price target is $89!
Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well.
I am a firm believer of this project and do think it will pull similar price actions to that of BNB.
Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already
Below is a realated idea explaining the ACBDE wave structure.
SXPUSDT 1DSXPUSDT 1D
it shows sxp wants to move down, targets sets and when reached stop for long positions mentioned.
SXP/USDT SXP$Sxp/usdt
Long direction Futures/Spot
Spot
buy :- 10% For market price
30% at 1.38$
60% at 1.14$
Sell :- 2.3$ , 3.9$ , 5.4$ , 10$.
Sl :- no need for long tem holders
0.95$ for midterm holders .
Futures: -
Buy :- 1.38$ - 1.14$.
Sell:- 2.3$, 3.5$, 3.9$.
Sl :- 1$
LEV:- 2x-3x only with tight sl
SXP$ is strong fundamental coin and backed by ftx ta looking good and rsi also good thats to in the major sujpport area accumalate if you want.
NOTE:- invest only what you afford to loose and this is just my view please do your own research.
SXP/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
SXP /USDT lying on a very strong support level.
Entry: $1.63 to $1.6
Targets: 30% to 40%
Stop Loss: $ 1.5
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
sxpIt is at the bottom of the descending canal and is in the important range of action price
It can go down to the bottom of the side channel, but in case of failure of its ascending channel.
There is also news of swipe financail
🆓Swipe (SXP) Dec-28 #SXP $SXP
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.5 - 1.4
🔴Sell : 1.8 - 2.1 - 2.4 - 2.7
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.2 - 1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$SXP DAILY CHARTLooking at the SXP daily chart, the green zone appears as a buying area. With the breakdown of the ongoing downward trend from May, the price will try to pass the red areas in order. It should not be forgotten that these red areas will appear as resistance and are good areas to take profit. Looking at the shorter time frame (4 hours), the $2 level seems to be the first target. With a two-day close below the green area, the trade should be stopped.
SXP günlük grafiğine bakıldığında yeşil bölge alım alanı olarak karşımıza çıkıyor. Mayıs ayından süregelen düşen trendin kırılımı ile fiyat sırası ile kırmızı alanları geçmeyi deneyecektir. Bu kırmızı alanların karşımıza direnç olarak çıkacağını ve kar almak için güzel bölgeler olduğunu unutmamak gerekir. Daha kısa zaman diliminde bakıldığında ( 4 saatlik ) $2 seviyesi ilk hedef olarak gözükmekte. Yeşil alanın altında iki günlük kapanış ile işlem stop edilmeli.
SXP-USDT LONG/BUYMulti-time Frame Analysis.
Entry=1.5x, SL=1.35, TP1=2, TP2=2.6, TP3=3.4-4. R/R=17
Good luck with your trading !
TRADE PLAN FOR SXP Hello guys, another look into sxp and its potential , from the chart you can see the projections and buy orders.
tradehubng.
SXPSwipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its API that is designed to create global payment cards powered by its native SXP token.
Sxp is lying on strong support stochastic is giving a strong buying signal .it will bounce hard from here
TARGETS
$1.5 $1.9 $2.5 $3.0
SXPUSDT - BULLISH SIGNAL UPDATE!!As you all know, SXP is not performing well from last 5 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. SXP has announced many (revolutionary) upgrades pending for their block-chain.
Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Signal Strength Ratio: 65%
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
SXP elliot analysei belive that the yellow box is a best place to buy SXP at least for short time we expect a good pump there, we should see what is BTC position nxt days
BULL MOODthe price has broken the trendline.
for now, the price seems to be moving within a falling wedge pattern, which we can also count as part of the second wave (correction wave) of the elliot wave theory.
SXP POSSIBLE LONG & SHORT SCENARIOSXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into at least $500 before EOY. Sidelined since the start of september.
Stay Safe folks and don't FOMO.
