💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.2830
TP3= @ 1.4085
TP4= @ 1.5755
TP5= @ 1.8420
SL= Break below S2
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SFPUSDT.P trade ideas
Sfp chart analysis #SFP 1D USDT CHART ANALYSIS....
SFP Broken It's 1D Strong Support & Makes New Lower Low. At This Moment We Have A Resistance For SFP . If It's Can't Broke This Resistance. It Will Go Down Again. If It's Do It Successfully Again. Sfp Will Retest All Time High Resistance. Now This Pattern Playing As A Bullish Flag. No We Need To Wait For Breakout.
Short Term Trader Always Stop-loss. Invest How Much You Can Afford To Loss. Always Verify Your Own Analysis.
🆓SafePal (SFP) May-211$ zone is the important support zone of SFP at the moment. If it loses this zone, it will be a bad sign that it could move down lower. But accumulate SFP at this 1$ zone is a good choice because it will pump up strongly in June
📈BUY PLANS
-Buy: 0.95-1.05$. SL if B
📉SELL PLANS
-Sell: 1.55-1.65$. SL if A
-Sell: 1.95-2.05$. SL if A
-Sell: 3.3-3.5$. SL if A
♻️BACK-UP PLANS
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SFP 55% Move in the making SFP has been accumilating and is soon closing in on a break out of
the apex for a 50% measured move .
I have done a FIb Ext Pull to give us some potential targets to the upside and down
although my bias at the present time is bullish .
Just to note that
BTC can destroy these setups with ALT coins very easily when volatile so pls have an idea
of how BTC is trading first . Sideways BTC is the best breathing space for ALTS.
My Target for this will be the 1-1 Extension as this aligns with our 55% measured move .
Please ensure you know your Invalidation and use a SL
Like and Follow me for regular setups ..Thanks for reading
SFPUSDT (4h chart)SFPUSDTUSDT(4H CHART) Technical Analysis Update
SFP/USDT currently trading at $1.1.92
Buy-level: $1.82 - $1.90 (Wait for the small retracement)
Stop loss: Below $1.65
Target 1: $2.10
Target 2: $2.28
Target 3: $2.41
Target 4: $2.75
TArget 5: $3.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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SFP - Let's go to the market, it's cheap!We arrived at the point of purchase. We continue with the previous idea. THIS IS PURCHASE ZONE.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank yo