SXPUSDT trade ideas
SXP/USDTWe need to hold above the main support area always to keep hope for a rise for an area, as it is defined by the color violet as a good buying area. If the resistance of that area is a zone, then we will see the drop to the green area as the buying area more than good. On the positive side, it broke a major resistance and stability above it gives a high price jump
SXP Consolidating steadily and nicelyAfter today's EOS pump, I sold my bag and bought SXP...
It has been steadily consolidating and maintaining tight range with minimum volatility. Add to that SXP did NOT pump hard yet in 2021. Price is marked with a blue line which is still below FIB 0.236 level.
No target set... either I'd sell on a pump and or HODL for ATH if the market moves along.
$SXPUSDT UPDATE!!!!!Hi Traders,
$SXP has seen some lovely gains recently but is now seeing a major pullback. Its currently rejection an order block as support so we are likely to see it rise into the above order block where it will test as resistance. If the order block above acts as enough liquidity to push prices lower again then we can expect prices to move towards the very bottom order block.
Thanks
MS
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SXP Channel with Upper and Lower limitsThis is a curved projection channel created upon a bounding box. For the creation of the chart, we use 3 "moving averages" that cover the center, upper and lower boundaries for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.