SXPUSDT Has Broken Above the Resistance
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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
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SXPUSDT trade ideas
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" 👍
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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
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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/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.