sxp/btcCurrently, this chart is in an ascending position, and according to its position, it is possible to ascend to the areas that I have specified.
tp1:6000sa
tp2:10000sa
tp3:12000sa
tp4:15000sa
SXPUSDT
Year of SXP .... ? SXP had some great announcement from binance joselito leaving big positive would be interesting to see how this goes
SXP SWIPE sooner or later all time high a rocket above $6 SXP SWIPE sooner or later all time high a rocket above $6
BINANCE Bought Leading Crypto Visa Card Issuing Platform SWIPE !Binance Announces Swipe Takeover!
Swipe is the industry’s leading cryptocurrency Visa card issuing platform that enables users to instantly spend cryptocurrencies at over 70 million locations worldwide.
All current SXP utility will remain unchanged.
I think this is the beginning of something big! they want to build a rival for CRO.
CRO has a mk cap of 14 Billion while SXP only 400 Million at this point.
I think upside potential for SXP is huge from here: 35X just to reach the market cap of CRO!
sxpusdt 4HBINANCE:SXPUSDT
In the 4H time frame, it broke its downward trend line with a very good volume.
SXP/USD 2022Simple long term fibs with expected TP targets in 2021
Can't say the time frame however with the long base we've been building we can anticipate an equally long chase
Macro target of 20usd I will exit last of my position
TP's on the chart
SXP/USD 2022 updatefollowing original idea posted earlier
gravitating price action toward .618 and finding support above previous 0.5 retrace
$6 SIX DOLLAR SXP STILL A POSSIBILITY!TL;DR
-Watch for restest of horizontal support
-Target $4.19 as first target( sell initial investments)
-Watch for succesful retest of D1 resistance or purple trendline and add to positions
-Target trendline resistance as second target ($6.5+)
As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long term.
However, Bitcoin seems to have crashed that party and had our idea invalidated/delayed in the process.
Not to worry. In this Idea I will show you levels I'm still watching for the "dinosaur coin" (as one of my comrades would describe it)
Diving into the chart above, we can see that SXP has strong resistance at the $3 level and $4.19 level and even got rejected several times at those levels, but i failed to point that out in my last analysis(which is linked below btw).
Furthermore, we seem to have formed a strong support level at the $1.27-1.3 area with multiple wicks below.
Looking at the dotted trendline (our major trendline when plotted on a log scale) seems to be where price bounced off most of the time, but now it has been breached due to recent events. Plotting a second trend line on a regular scale (lower black trendline), we see price seems to have formed a new trend support and aligns perfectly with our support region @$1.3 levels.
Zooming in, we can also notice that a range has been formed within our resistance and support levels ($1.27-$4.19).
Also everytime we touched the lower trendline, we managed to make it back to the higher resistance trendline at ath levels, but the move back in may only touched horizontal support and not the lower trendline, hence $4.19 coming into play for rejection.
Main Trade Idea:
Watch for a retest of the $1.3 area(or enter now if it suits you) and Target $4.19 as the first target to sell half of your holdings or your initial investments (whichever one you prefer) and target trend resistance as the second target (around $6.5)
On reaching the first target, you can watch for a retest of the D1 resistance and see if we get and S/R slip there to add to your positions, or wait for a retest of the purple trendline breakout.
As always, if you agree with this idea, comments and likes are a great feedback.
$SXP PERP WAITING FOR A LONG POSIt is unclear what BTC will do, so it is risky to open a long trade right now, I will use the Inverse Head and Shoulder Pattern as an opportunity to open a long trade, which might form at the bottom, if the prize drops between $1.40 - $1.50. Even though the formation target is $2.11, I set $2 resistance level as my target. Good luck to everyone in their trades.
BTC nin ne yapacağı belirsiz, o yüzden şu ara işlem açmak riskli ama ben BTC 48000 üzerinde tutunacağını düşünerek SXP nin $1.40 - $1.50 arasına geri çekilmesi ile dipte oluşacak OBO yu long işlem açmak için fırsat olacak kullanacağım. Formasyon hedefi $2.11 olsa da öncesindeki $2 seviyesini kendime hedef olarak belirlerim. Herkese işlemlerinde başarılar.
SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle.
Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III.
After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction
Once wave IV is done, potential price target is $89!
Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well.
I am a firm believer of this project and do think it will pull similar price actions to that of BNB.
Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already
Below is a realated idea explaining the ACBDE wave structure.
SXP/USDT SXP$Sxp/usdt
Long direction Futures/Spot
Spot
buy :- 10% For market price
30% at 1.38$
60% at 1.14$
Sell :- 2.3$ , 3.9$ , 5.4$ , 10$.
Sl :- no need for long tem holders
0.95$ for midterm holders .
Futures: -
Buy :- 1.38$ - 1.14$.
Sell:- 2.3$, 3.5$, 3.9$.
Sl :- 1$
LEV:- 2x-3x only with tight sl
SXP$ is strong fundamental coin and backed by ftx ta looking good and rsi also good thats to in the major sujpport area accumalate if you want.
NOTE:- invest only what you afford to loose and this is just my view please do your own research.
SXP/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
SXP /USDT lying on a very strong support level.
Entry: $1.63 to $1.6
Targets: 30% to 40%
Stop Loss: $ 1.5
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
$SXP DAILY CHARTLooking at the SXP daily chart, the green zone appears as a buying area. With the breakdown of the ongoing downward trend from May, the price will try to pass the red areas in order. It should not be forgotten that these red areas will appear as resistance and are good areas to take profit. Looking at the shorter time frame (4 hours), the $2 level seems to be the first target. With a two-day close below the green area, the trade should be stopped.
SXP günlük grafiğine bakıldığında yeşil bölge alım alanı olarak karşımıza çıkıyor. Mayıs ayından süregelen düşen trendin kırılımı ile fiyat sırası ile kırmızı alanları geçmeyi deneyecektir. Bu kırmızı alanların karşımıza direnç olarak çıkacağını ve kar almak için güzel bölgeler olduğunu unutmamak gerekir. Daha kısa zaman diliminde bakıldığında ( 4 saatlik ) $2 seviyesi ilk hedef olarak gözükmekte. Yeşil alanın altında iki günlük kapanış ile işlem stop edilmeli.
SXPUSDT - BULLISH SIGNAL UPDATE!!As you all know, SXP is not performing well from last 5 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for. SXP has announced many (revolutionary) upgrades pending for their block-chain.
Long Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Signal Strength Ratio: 65%
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
SXP elliot analysei belive that the yellow box is a best place to buy SXP at least for short time we expect a good pump there, we should see what is BTC position nxt days
SXP - Bounce?? 🤔SXP has recently bounced off the triple bottom as indicated on the chart.
Ideally we'd want a strong daily bullish engulfing candle to indicate a full reversal - which we didn't. This is why it's important to be cautious when entering longs from here. The best place to enter would be the 0.60 area where we have a strong level where price started its bull run.
IF we do get back down to 0.60, enter with stops below that level.
For now, we can look for bull flags on lower timeframe to take SXP back to the wedge resistance.
Goodluck!
SXPUSDT Analysis (LONGTERM)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 4 - 5 - 7.4
after first target reached move ur stop to breakeven
stop: ~under 1.5(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
SXP $89LONG-TERM TARGET! $20 SHORT-TERMPlease See original idea linked below
Apologies, left out a couple details.
This shows the ABCDE wave analysis which formed on the weekly and is the basis for a bullish pennant.
And we all love a good bullish pennant, not so often you see it on weekly charts.
All other explanations in the original idea linked below. Thank you
DISCLAIMER: Not Financial Advice
SXP/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SXP /USDT broke out the triangle pattern and retesting the support level .
Entry: CMP MORE IN GREEN BOX
Targets: %25 to %30
Stop Loss: broke and close downside the doted green line
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
