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
SXPUSDT trade ideas
$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
SXPUSDT is testing the weekly resistanceSXPUSDT is testing the weekly resistance inside a pennant. IF the price will is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
SXP dumpRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
SXP Possible move's in midtermSXP breaks a long downtrend and if the price stabilizes can move upwards towards the targets.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
SXPUSDTvery promising project TA looking good I do believe the correction is done. up from here with small retrace here and there.
Ema Ribbon is about to flip long price battling the 200 daily EMA atm buy some in the green box.
invalidation point if price closes below the green box daily exit.
$SXP daily view $SXP managed to breakout of the downward channel with the next major monthly resistance sitting at $2.84.
SXP is heading for another bull rally hiii crypto lovers i was going through my check list and realised sxp has broke the resistance and now its a free bird flying towards 3.5$ if breaks next target 5.14 for long term i am seeing it hitting 12-16$ by next year feb. Best possible entry could be 1.99 if it dropped but i dont think it will before hitting 3.55 so its right time for long entry is what i believe. GOOD LUCK
SXP try to break the upper line of sideway zone#SXPUSDT
$SXP is still inside a sideway zone and rejected from upper line of this zone.
#SXP can go down to confirm the broken resistance as support, then start a strong rally to break out this zone.
Swipe SXP-USDT TO 5 USD HELLO COMMUNITY
AS WE CAN SEE CLEARLY ON THE CHART SXP IS NEAR A PERFECT BUY ZONE.
WE CAN BUY NOW OR WAITING THE TURNIG OF PRICE TO 1.82.
just be patient swipe will reach 5 usdt
thank you for ur support
SXP/USDT has Bullish PotentialsHi every one
SXP / TETHERUS
SXP/USDT is ranging in a broadening wedge and now price has some bullish signs! as you can see the price is at the bottom of this pattern and there is a Expected bullish movement from Here . there is also a Regular Bullish Divergence on MACD as well (+RD) .this is also a Great reason For us to be bullish On SXP. The price can reach the top of the broadening wedge which is also a Great Resistance for SXP.
summery:
-SXP is ranging in a broadening wedge pattern.
-The price is at the bottom of this pattern (bullish sign)
-Regular Bullish Divergence (+RD) is Visible On MACD (bullish sign)
-Price can reach the resistance shown in the picture.
💎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
SXPUSDT Has Broken Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, SXPUSDT on H4 has broken above a major Resistance, After retest it is expected to go higher.
⬆️Buy now or Buy at 1.943
⭕️SL @ 1.594
✅TP1 @ 2.729
✅TP2 @ 3.273
✅TP3 @ 4.029
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
SXPUSDT🌟in lower time frames this alt shown a great bullish state which is abnormal in the current situation which means this alt is ready to jump high numbers of value in a short time so heads up swingers and profit hunters
👉This idea has the confirmation of "advanced price action" 👍
👉For more information don't be shy and get in private chat of trading view 👍
👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍
SXPUSDT is starting with a minor retracement 🦐SXPUSDT is starting with a minor retracement 🦐 after a very nice breakout from the daily resistance. IF the price will confirm the breakut, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
