SXPUSDT trade ideas
SXP update17% of all supplying tokens was burned... mid line of ascending channel was broken and is going to pullback... it should have new ATH these day... I think 4tether wil be touched again
SXP/USDT - good time to enterTriangle, bullish engulfing, RSI, MACD, EMAs - all of them show the reverse of trend and such a combination is a huge opportunity!
I am holding 5% of my investments in SXP for a couple of months, added 2% a week ago - HODL!
SXP BULLISH SPOT LONGSXP is forming a ascending channel .last week it did break it downwards but it was a false breakout price came back into the channel showing it respects the trend . my analysis is the price will hit 6$ in mid may or 3rd week . plan ur trade accordingly
buy - 4$
sell - 6$
stop loss - nill
SXP - 6h. What do buyers need for a test of $9?The SXP market has been behaving quite technically lately. Our global idea , which we published on April 8th, works great:
As we can see from our last idea, sellers managed to test the critical level of $2.65. At this mark, we see that the SXPUSD price has reversed. Even large volumes did not help sellers to make the correction in the SXPUSDT market deeper. Thus, buyers have proven their interest in continuing the upward trend.
If we analyze the daily timeframe , we can see that the prospects for continued growth remain large:
But to realize this prospect, buyers need to pass the difficult liquidity zone of $4.9-5.2 . As you can see in the chart, buyers are trying to take control of this range for the third time. The fight for this price zone has been going on since August 11, 2020. This range is a historical high, which buyers cannot confidently update.
Taking this fact into account, we do not exclude anothe r local fall wave. This correction should not fall below $2.65. The end of this correction within the current consolidation will be a good signal to buy this coin.
However, if buyers do not allow the current wave of growth to stop, we should expect a breakout of the $4.9-5.2 range and its local test. It is in these two cases that we are ready to buy this coin. And now it remains only to wait, which of the scenarios will come true.
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SXPUSDTa great alt to have for mid term situations, when you check the chart in higher time frames you will see corrections and sideways for the chart's rest and regain power to get new records, when you observe lower time frames you will find out this coin is just like other coins or its still dipping value, it completely depend on your own vision and observation but if you let us do the work we will publish such a signal for it
for staking coin's this one has the advantage of using flexible staking which is different from locked and cold staking, and the investor is able to even trade with its staked money with a lower portion of profit , that's great when even your staked money can be traded too . . .
👉this idea has the confirmation of advanced price action
👉for more information about our services contact me via trading view private chat
👉hit share and spread the information for everybody to get profit
SXP / USDTSXP (SWIPE) cup and handle pattern forming on the weekly chart. Mid to long term pattern - up to 46 USD.
With CZ invested and all the positive news, will be DCAing, waiting for the altcoin season. Learn term investment for myself.
Obviously, not a financial advise.
* mid market cap project.
as of Apr. 28, 2021 - market cap $410,620,889 USD
Sxpusdt#sxpusdt
Due to the failure of the resistance, we have the specified targets, and the stop loss is also specified, we probably have a pullback to the resistance of the broken diagonal line.
