SXPUSDT broke down support#SXPUSDT
$SXP also broke down long term ascending support line.
next supports : $1.29 - $0.8
SXPUSDT trade ideas
SXP - Short to $1.37It has been a while since I visited this chart but sitting on USD I'm looking for a new long entry on SXP.
- These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance.
- Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time
- Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602
- Target $2.85
Best, Hard Forky
SXPSXP will most likely retest the trendline that it broke, but it should break the descending line first. I think when Bitcoin rises it will follow.
SXP/USDT : Minority Venture Capital (MVC)Shown in white line is our entry price for this crypto asset. Please add to this TA and keep discussing about take profit and and buy targets
SXPUSDTLooking for a textbook breakout and retest on SXP/USD.
Don't be surprised if most charts now look the same or very similar, this is very common after such a reset that we had on the markets.
Buy limit: 2.140
SL: 2.07
TP on chart
SXP/USDT can do both bullish and bearish movement!Hi every one
SXP / TETHERUS
SXP/USDT is in a symmetrical triangle right now. depending on which way this pattern breaks we can consider a bearish or bullish movement! if the break out is downward than It's bearish or the break out is upward than the movement is bullish .we just have to be patient.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume.
My 50x Pick - BonFire token
The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 2.58$
2. 2.7$
3. 3.24$
- Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
#SXPUSDT a 4 hours its coming up to hight It seems that price just reacted to the strong support area
SXP twin trianglesWe have two triangles we're looking at, against USD and ETH. Flat bottom on Eth, a little more symmetrical on USD. Looking to buy on a breakout against either triangle and dump what I have for eth on a breakdown.
SXPUSDT parallel channels#SXPUSDT
a daily close above $2.44 give us confirmation that $SXP will have to start the rally again
SXP/USDT ALSO KNOWS AS SWIPE 💳Hey hey my friends :)
SXP here didnt breakout like i was hoping for so i looked for another pattern that people could be looking at buying the breakout on and i found this possible ascending triangle
If you entered last break we are still good and you can ignore this
