SXP/USDTLONG
SXP/USDT is moving in the assending channel with the best position to buy after it tests the support line which is the lower part of the chanel
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SXPUSDT trade ideas
sxpusdt (logarithmic scale)everybody is talking about 5X 6X ! on sxp but i think it will go down like a kid on a slide
SXP/usdtKendime notumdur (Not financial advice)
This chart is my first chart.
I am waiting for elips on trend
SXP TO 20$ ANALYSIS ON 2H SXPUSDT BINANCE CHART
---->SXP (SWIPE) NETWORK RELEASED ITS V2 WHITEPAPER YESTERDAY, READING THE WHITEPAPER MADE ME MORE CONFIDENT ABOUT THE PRICE ACTION OF SXP TOKENS
-----> SXP FOUNDER Joselito burned all the tokens THAT ARE GIVEN TO HIM worth nearly 250million usd now, which is 18%approx of the total supply
------>HE ALSO SAID THAT HE WANTED TO RUN A SUCCESFUL BUSSINESS AND SAID MONEY IS SECONDARY FOR HIM,
SXP ALSO PARTERNERSHIPED WITH BINANCE, VISA AND MANY OTHER COMPANIES ALSO THE INTRODUCTION OF SWIPE SWAP,NFT AND MORE WILL INCREASE THE DEMAND
BUT THE THE FOUNDER IS AGAIN PLANING TO DO A BURN, WHICH FURTHER MORE DECREASES THE SUUPPLY AND ALSO WITH VERY LESS MARKETCAP WE CAN ALSO REACH 50
OR 100$ EOY. THESE ARE THE BEYOND TECHNICAL ANALYSIS
-------> NOW ACCORDING TO TECHINCAL ANALYSIS AND WAVE PATTERNS, SXP BROKE OUT THE RESISTANCE OF IT 2020 ATH AND NOW CURRENTLY HAVE ITI AS AN STRONG SUPPORT
---------> IF YOU FOLLOWED MY PERVIOUS TRADE AND SOLD AT THE TARGET PRICE REBUY NOW IN THE DIP AND HOLD IT NEVER SELL IT AT ANY COST,
"SXP IS BECOMING NEW BNB" NEVER THINK OF SELLING IT
Trading idea for SXPUSDTSXP has chance to reach another ATH if it keeps over that trendline or we will need to wait more :)
I'm expecting at least 590% mid term gain for the HuGe Swipe proI'm expecting at least 590% mid term (4 months late this summer) gain for the HuGe Swipe project (arround 34.7$ minimum target)
SXP is going to fly!As you see the chart above, I've counted the waves of SXP chart.
I think wave 1 and 2 from a larger degree is finished and the chart has started wave 3.
Within wave 3, wave 1 has been terminated and now it's in wave 2 which is a corrective one.
Due to Fibonacci ratios, I think wave 2 can be terminated in the area I've specified (61.8 ratios)
Pay attention, after that wave 3 will begin which is a powerful wave in the direction of a trend.
As always, Do Not Lag Behind! :)
GOING UP HIGHER : SXP/USDTAfter price hits it's recent resistance area @ around $5, it created bears immediately. The 50 and 100 Moving averages acts as support area, which means it is safe to say that if the price hits the 50MA it would rebound and continue it's bullish acceleration
SXP HIGH RISK HIGH REWARDPair: SXP/USDT
Type: Regular
Suggested entry: Under $4
Suggested Targets: $4.9, $5.9, $7.19, $8
Reason: Price broke resistance zone which is now acting as a supporting zone.
This is a risky call. I'd suggest a small bag, hold it. You can set your own SL. I'm not setting any myself at this time. This is subject to change.
Remember, everything is suggested. The final decision is always yours. I'm not your financial advisor.
SXPUSDT on Binance predictionBounced on daily MA 20
Waiting for pullback on 4.463
Possible consolidation between 4.0 and 4.8
Sxp PredictionI think Sxp is forming a continuation rectangle pattern. Let's see how does it go.
It will do ranging for a while then goes all the way to the top.
Long term target is $7, It will be in this month.
Just my opinion, not financial advice.
SXPUSDT Technical and Fundamental AnalysesSXPUSDT Confirmed to break all previous resistances, Now it going to pass the current channel above 5.55$ to reach 7.75$, Present price is on the strong support line in 5.07$, If it drops it can be back soon anyway
Joselito Tweet's: "So many action packed announcements over the last few weeks on @SwipeWallet & @VenusProtocol and we have many more we want to share. $XVS $SXP "
and JLSwipe promised to many surprise soon
So in this cases it seems ALL good to HOLD this valuable Cryptocurrency
Critical Times for SXPThe SXP has been traveling in the tunnel for a while. Now it's close to the lower limit. If it doesn't return to the tunnel again, we may see a critical drop in its price. If it breaks the upper limit in the coming days, we can see a nice price increase.
