SXPUSDT trade ideas
SXP/USDT: Huge Cup and Handle on the daily!SXP has been respecting fib levels to the dot and only recently, it has managed to hit an ATH at 5.638, with a major strong support validated at the 2.52 zone. On the larger timeframe an obvious cup and handle has been forming over several months. Now we look for a retracement along side BTC approaching resistance, with ENTRY LONG targets of 0.618 to 0.5 fib levels, which has previously served as a strong support - the $4.5 zone has seen repeated rebounds after SXP gets rejected off $5.2 resistance in the earlier days of April 2021.
ENTRY: 4.35-4.7
Targets: 5.6, 7.588 and 9.1252 (the completion of the cup and handle formation)
SL: For stop loss we can choose a tight stop at $3.9509 or if would like more allowance for volatility, stop loss can be placed at $3.4798, beyond which a bullish retracement is definitely invalidated and we look more for a DOUBLE BOTTOM or a RANGE between $2.5-5.5
NOTE: A daily bullish close above 5.01 would mean validation of the previous resistance cluster as support, which might mean our entries may not even be filled. However, this is not a likely scenario due to the extended run SXP had went from 23 April without a real correction.
SXP predictionI think SXPUSD will continue a bullish run. Best time to buy is beginning and middle of the month.
SXP for $ 10 soon !!!SXP tranding beautifully and still forms higher highs and higher lows. We will probably attack the $10 price during this bull market.
Currently, SXP has seen great growth in recent days.
According to the volume, it seems that the bulls are running out of power and we can expect a probable drop slightly below 5 USD.
Subsequently, I expect further growth and new ATH above $6.
SXPSWIPE/SXP. Thoughts are in the green box as to why i am bullish. Yellow line depicts my thesis for price action. not financial advice.
SXP analysisSxp dobare be saghfe in canal barkhord karde va hanuz reject nashode , havasetun behesh bashe emruz , age tunest saghfe canal ro beshkune mitune target haye balaee ro bebine .
Target aval az nazare man 7 dollare age betune belakhare in canal ro rad kone
Watch SXPwaiting for breaking the triangle, after breaking, this can be the path of SXPUSDT.
watch carefully.
SXP is ready for 20% UpAs indicated on the chart, if the $5 level can be converted into the support area, an increase of about 20% can be predicted.
🌙Time!!!Entering wave 3.
Highly recommend holding this one and seeing how far it can go!
Not financial advice
SXPUSDT - 6HR - Cup And Handle Clear cup and handle forming. Confirmation with rising volume and a close above $5.50
SXPUSDTIF We See The Cup And Handle Confirmation In Weekly Time Frame And Daily Time Frame ! We Will See SXP ( 20 - 50 USD ) In Last Of 2021 or the first Of 2022
Sxp Usdt $1w TF
Bullish Cup And Handle
mega bullish
fundamentals.
30 Jun 2021 (or earlier)
Burn & Stealth Releases
"10M SXP Burn & Stealth releases"
30 Jun 2021 (or earlier)
DeFi Integrations
DeFi integrations and Non-Custodial Wallet released.
Good Luck :)
SXP SXP WEEKLY CHART
CORRECTION FROM FIBO OPTIMAL TRADE ENTRY ZONE FROM PREV SWING LOW TO RECENT SWING HIGH.
TP1
TP2
TP3
When $SXP (Swipe) leaves this area, things will move quickly 👀When $SXP leaves this ranging area, thinks will move really fast.
There's still bullish momentum, which is the reason I expect this to move upwards.
Joselito, send it 🥂
