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.
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Thank you for seeing idea .
Have a nice day and Good luck
SXPUSDT trade ideas
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
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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" 👍
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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