SXPUSDT trade ideas
SXP waiting for UP!SXP idea for traders:
1- Golden Cross (Checked)
2- Triangle Re-test (Checked)
3- Strong Support worked
Have a nice trade.
the future of spending the cryptos to buy anythingbutterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$19.2
tp2=1.27 XA=$25
tp3=2.24 BC=$75
accumulation is happening on 0.88 XA. breakdown of $6 is near.
SXPUSDT_ Daily. Not attractive for entry now🥺According to the chart I drew, it is prone to very high growth, but to go through this high growth, it needs to accumulate energy. Until the remaining legs are completed, the swipe chain operation will also take place.
Where the fundamental and the technical coincide and powerfully push up prices
The safe entry range is currently $ 4 to $ 3.5😎
Please comment on this analysis of mine✌
Cup & Handle SXP/USDTfrom the 4h chart. sxp try to breaks the resistance.
If it can breaks the resistance, it will go up to the moon.
SXP 4H Trend lines must be followedFib retracement works correctly. After 5,6$ , 5,8$ will be problem for going high.
4,5$ will be the opportunity to buy more, but through the 5,15$ I think SXP is free.
Note for myself not a financial advice.
SXPIt is in the ascending channel in weekly and daily timeframes. However, due to the large width of the channel, it is possible to oscillate in 4-hour and 1-hour time frames.
It is currently between 1 and 4 hours of support and resistance.
Strategy 1: If it stays in the downward channel for 1 hour, you can expect a fall.
Strategy 2: If, in addition to the 1-hour Neroli channel, it can break the 1-hour resistance range, it will operate according to the Fibonacci expansion rule and will climb to 161.8%.
SXP good to buy below $5We told you not to enter at these levels and wait for a new entry. This is good to build your position in SXP for the mid-term if you missed our earlier call.
Buy Zone: Below $5 (add more in dips)
Target: $5.45 - $5.95 - $6.4 - $6.9 - $7.7 - $8.6 - $9.3 - $10.3 - $11.4
