$SXPSXP looking good MA's wise, but also patterns-wise.
Personally targeting 20$ according to fibs.
Below some examples of why I'm bullish on SXP, besides the fact that it has an actual use case and CZ has a stake in it.
SXPUSDT trade ideas
SXP rebound from support potential 30%It can be seen on this chart that SXP had touched support and was about to rebound. My target is 30% as you can see
SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP - Retest Bounce! 🏀SXP was in an ascending correction and broke down nicely. We are approaching a very high probability area where we can look to buy $2.70.
We have the ascending trendline, structure and fibonacci support at that price. Watch for a bounce and then enter with stops below the trendline and structure. Targeting the -27 fibonacci.
SXP/USDT has a great bullish chance!Hi every one
SXP / TETHERUS
SXP/USDT Has been ranging in a Rectangle pattern. Now the price is about to touch the Bottom line of this pattern so there is a Strong chance that the price would start a bullish movement to the top of this pattern once again!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
SXP ab=cd#SXPUSDT
$SXP closed above support zone which is between 0.382 and 0.5 fib level of BC.
it is possible to continue its uptrend to $4 and $4.5 from here.
and if follow AB=CD pattern price can touch $7
SXPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating above the support line. We have identified a support line for you, and if the price fluctuates above the line, it can continue to climb. And in case of breaking the resistance line and stabilizing above the line, we can enter the trade for the above goal, but if it penetrates and stabilizes below the support line, we consider falling to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
sxp usdtsxp usdt forming ascending triangle. breaout point is 3.588 and the 1st tp will be 3.95. if it break down the patrren then its invalid
SXPUSDT Will Rally Upwards!BINANCE:SXPUSDT Will Rally Upwards after 2nd retest!
Buy: 3.067 or 2.766
SL: 2.418
TP1 3.516
TP2 4.276
Note: LONG TERM HOLD!
HAPPY TRADING!
SXPUSDT 8/11/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Technical Analysis
This coin gearing up for something big move. It’s has potential to make 10x to 16x gains. I just put that Invalidation point for B Wave Rally of ABC Correction just in case the price is rejected at 61.80% Fibonacci that I mentioned in the chart. If it breaks both 61.80% Fibonacci and previous all-time high, then the party begins to the moon. It seems the weekly indicators is bullish in my opinion. Remember as always not a financial advice.
Elliot Wave & Weekly
3D & 1D
4HR & 1HR
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
SXP 🎷🎷
(9) Buy SXP (Binance)
Entry price: 2.72
SL: 2.50 (-8%PL)
TP1 :3.247 (19% PL)
TP2: 3.685 (35%PL)
TP3: 4.030 (48%PL)
DYOR, Good Luck 💪🏽💪🏽💪🏽
fibomatchi retrasementas we see SXP stuck bettwen two zone and it should breake 3.4 befor go to the mooooooon
amazing reaction of the retest of sxpthat retest strength gives me bullrun vibes, sxp is a strong project a lot of people have been shilling not anymore so you might wanna grab a LT bag
$SXPSXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you wanna play it safe wait for a break below and retest of the red resistance area and then short. Inversely a break above this red area would be a long into the green box.
My fictional graphic for $SXPfictitious , not investment advice.
The purpose of the big drop in the chart; It is drawn assuming a correction before the expected year-end target of $btc adopted by most.
RR=2.89 sell ideabearish crab pattern + breakout rising parallel channel + RSI divergence + bearish engolfing
SXP/USDT moved toward our prediction and target. what's Next?Hi every one
SXP / TETHERUS
(UPDATE)
this is an update on the recent analysis of SXP/USDT which now you can see that the price has moved in the direction we predicted! the price has 3 bearish signs right now:
1-the price has touched the top of the broadening wedge pattern and Decreased from that point!
2- a shark pattern is pretty visible on the chart which has just been completed and now it's time for correction.the correction can be up to 0.618 or 0.78 line of Fibonacci retracement (strong support zone)
3- there is a regular bearish Divergence on MACD as well (-RD)
so these signs makes us think that the price must start to decrease from this point. the correction can be up to 1.6 or even the bottom of the broadening wedge. there is a slight chance that SXP would break the broadening wedge if it happens the price can increase to 3$ which is a Pretty strong resistance as well.
summery:
-SXP/USDT has moved in the direction of our prediction and touched our target!
-Multiple bearish pattern and signs!
strong support at 1.60$
-slight bullish chance to 3$
Previous Analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
