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SXP / TetherUS PERPETUAL CONTRACT

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SXPUSDT.P trade ideas

SXP - Short to $1.37It has been a while since I visited this chart but sitting on USD I'm looking for a new long entry on SXP. - These lines have been in since end of 2020 just before the parabolic run in ALTs. They still seem to be playing a role in support and resistance. - Looking at the general market price action I think SXP will test the support line once more when BTC starts running in about a weeks time - Long will be from a target of around $1.37 and coincidently form a local double bottom. SXPBTC target 0.00003602 - Target $2.85 Best, Hard Forky
Short
by hardforky
2
SXP/USDT can do both bullish and bearish movement!Hi every one SXP / TETHERUS SXP/USDT is in a symmetrical triangle right now. depending on which way this pattern breaks we can consider a bearish or bullish movement! if the break out is downward than It's bearish or the break out is upward than the movement is bullish .we just have to be patient. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
27
SXP in a bigger symmetrical triangle!Here's a quick look at SXP 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle. If BTC moves higher from here, we should see a breakout for SXP to the upside soon, so keep an eye on this one! The best entry would be when the price breaks above the triangle with good amount of volume. My 50x Pick - BonFire token The idea is: Buy the breakout from the triangle shown in the chart and take profits at the levels shown in the chart. Targets: 1. 2.58$ 2. 2.7$ 3. 3.24$ - Profits can also be taken in the resistance zone . Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2