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SXPUSDT

SXPUSDT Intraday TradingThe Automatic Hammer Strategy revealed the end of the downtrend in SXPUSDT price and opportunity of it's growth. Technical analysis demonstrates the strong support level at the current price. There are the week support and daily pivot Support 3 line and, finally, the bounce off the RSI support line. Because the ADL Indicator demonstrates the continuation of bullish activity, we can conclude that the price can return back to the pivot level and the current decline is just a manipulation. We expect the 5.0% price growth from 0.922 to 0.968. The alert was automatically executed by SkyRock Signals Scalping trading bot.
Long
by Skyrexio
SXPUSDT (Swipe) Starting uptrend: first HL after bullish div SXP usdt - starting uptrend first HL after bulldiv After the bullish divergence on the daily, the price was consolidating for a while. Now Stochastic RSI is curling up and it seems the first higher low is forming on the daily. After the bullish divergence, the downwicks showed some tails and the price was rejected a this -2 ATR level. -2 ATR has been the reversal zone for the daily already a couple of times. Then after this upshot that went up to 1.20, it pulled back but found support at around 0.90. The consolidation went on and there were some stabs down, but on the 4H TF you can see that the candles never closed below 0.90. The impulse changed to green on the 4H Timeframe, and although the candle is only on one third of it’s duration, the impulse is green. I expect a move up now and change of trend. If that happens, I expect it to move up to the target zone between 1.58 and 1.76. I will get out in thirds, but that will also depend on the patterns then and how things will look like. If the trend shows good strength, I might be able to higher the stoploss if a new HL show ups. This will make it possible to add to these support levels. On the 4H Timeframe we can see that it did hit this 0.88 - 0.90 support level, but as said the candles never closed below it, when some level has been visited four times, and then bounces stronly off, it show us it does not want to go that way. The impulse has changed to green and the EMA’s have crossed. Entry: to be defined on shorter TFs. Good levels are 0.95 - 1.01 (currently price is pulling back on the 1H TF, and I am looking for that decline to tick up again and then buy). R/R ratio: 1:5 up to 1:7 Stoploss: 0.87
Long
by Tornado_Trading
1
SXP USDT LONGSXP bottomed out at 0.71 USDT I Bought SXP at 1.15 USDT I feel we can see some nice upside in this graph. My Targets TP (1) 1.72 USDT is 50% Profit TP (2) 2.35 USDT is 105% Profit TP (3) 3.36 USDT is 190% Profit TP (4) 4.09 USDT is 256% Profit TP (5) 5.01 USDT is 338% Profit You can keep moving your stop loss up as we go through the take profit zones or you can sell slowly as we go up. I am aiming for us to go around 3 USDT a coin but I added extra take profit points for if we overshoot. I would recommend slowly taking profit as we go up. Good Luck! Not Financial Advice trade at your own Risk.
Long
by warrickcrypto
2
SXP/USDT - potential +58% tradeHello, Traders! Let's observe the potential deal we might see in the SXP/USDT market. The asset is in the consolidation zone and has long been behind the altcoin market. The MA100 on H12 timeframe acts as a dynamic support. RSI values on H12 timeframe go into uptrend and are in bullish zone. In order to reduce the risk, the entry can be made in two parts: between $1.06-1.11 in the first part and between $1.13-1.18 in the second part, after the price goes beyond the point of $1.13. SL under $1.03 Targets at price levels: $1.25 $1.47 $1.67 $1.79 Watch out for the market and leave your comments below! P.S. This is not financial advice, but only trade I would be following myself
Long
by UnknownUnicorn10064030
2