SXP FINAL CALL TO BULL RUN!! || %130SXP this time it is ready to run. I knew that it is the biggest scam and connected with binance so it means they let you sell your coins then pump hard as it happened BnB. This time everything looks good to run. There is news about it on the internet and also CZ kinda gets them into the game by his Twitter acc.
Cup and handle
Golden Cross
Macd
and the most important is the news and social media power.
If it will not run this time :) ıt will prove that it is the biggest scam :) one more time
please like and comment below.
SXPBTC
Today I took a trade SXPBTC, one for the longer termToday I took a trade SXPBTC, like my KAVA trade this is one for the longer term. I expect lots of alt coins to go up significantly, I want to be in there to gain more Bitcoin.
Previous resistance turned support and there is a breakout of the bull flag/pennant.
The EMA 21, 50 and 200* are respected.
(*I trade on Binance, and because there is less history, the EMA 200 is not correct. To see the correct EMA 200 look at Kucoin. Then you will see that the EMA 200 is between EMA 21 and 50)
The previous high of SXPBTX is around +525%
My stoploss is 1 ATR under the previous low at 0.00005437
sxpbtc go downe?This is not financial advice
looks like if we stay above 0.618 we can go up again else we will visit bottom again
SXP LONG FOR LONGTERM!SXPBTC has a strong resistance/support area around 6800 sat which is brokenout to the upside with good volume around 2 weeks ago.
Yesterdays sell off does push the price down below that area but it goes back up therefore im optimistic for the future.
If we can hold the green uptrendline, price movement can go a lot higher with %500-600 return to the ATH.
Price looked like it ll form an M pattern on bolinger band but it didnt and price go even lower and right now its in the middle.
Macd is bearish and volume is not low, rsi is around the middle going down.
All of them are bearish signals but as long as we hold 6800 sat area im still long on sxp.
Even price breakout to the downside i ll see this action as buy oppurtinity and wait for to buy!
SXPUSDT [FUTURES] [H1] Upcoming near Trendline 🚩🚩SXPUSDT Upcoming near Trendline 🚩🚩
Now SXP is climbing near trendline will wait untill beakout and pulldown around new support and now loking for Buy position
find more focast FOREX & CRYPTO on my youtube channel Tamjai Trader
Goodluck
Ton Trader
💲💲💲💲💲💲💲
SXP break out soon ?? 📢 Hello Traders. Hope you are having a brilliant day.
Well, I want to talk about SXP on 4H chart. As you can see, price lately broke the yellow resistance line with a nice green candle. What now?
I think price is going to make a compression under the purple resistance which is ATH and then breaks out.
Best buy positions are :
1) Pullback to the yellow line ( around 4.5$) 2) When it breaks the purple resistance and consolidates above or pullbacks to it.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on SXP and don`t forget to comment what you think. ✌