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SXP / TetherUS

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SXPUSDT trade ideas

(Update) SXP/USDT has done the expected movement. what's next?Hi every one SXP / TETHERUS as you can see SXP/USDT has broken the Dynamic resistance which we talked about not long ago! the Dynamic resistance is now Dynamic support! so the price is more likely to stay above this support and continue the bullish movement! 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
Long
by CobraVanguard
26
SXPUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders, Today’s analysis – SXPUSDT- trading at a key region where a rejection is probable, Points to consider, - Price Action Impulsive - Daily S/R Resistance - Local S/R Support - Low Volume SXPUSDT’s immediate price action is impulsive, trading towards a daily resistance with lower highs, allowing for a short bias. The Local S/R us current support, holding this level is critical for the range low support. Current volume profile is on a decline, an influx is highly imminent when testing key trade locations. Overall, in my opinion, SXPUSDT is a valid short with defined risk, Price Action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my And remember, “Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
Short
by AzizKhanZamani
(update) SXP/USDT has a great bullish chance right now.Hi every one SXP / TETHERUS this is an update on SXP/USDT as you can see the price has gone downward and broke the symmetrical triangle but now It has created a new support which is pretty reliable. there is a chance for bearish movement because there is a Hidden Bullish Divergence (-HD) on both MACD and RSI. the bearish Movement can be to the new support which is shown in the picture. the bullish movement from support can be to It's dynamic resistance which is shown In the picture. If price breaks this resistance there are good chances for more bullish movements. 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
by CobraVanguard
10
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Long
by SUPERGENERAL610
3
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
Short
by hardforky
2