- Swipe looks terrible on the daily / weekly timeframe. - We have a descending triangle that is currently breaking down. - I do not see any bullishness on this chart. - Another 57% DROP is expected, then we can retest the triangle.
SXP has lost its momentum to the upside in impulsive manner. We might be seeing SXP price move follows the downtrend pitchfork. DISCLAIMER ON This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about cryptocurrency market in general and may be used only for...
I have already posted our SXP targets as short-term and medium-term moves targets. Our short-term target: 2.060$ Our medium-term target: 4.08$ Our long-term target: 7.53$ Disclaimer: I am not a financial advisor. Do not take anything on TradingView as financial advice, ever. Do your own research. Consult a professional investment advisor before making any...
This coin was an ideal scam example due to its last owner way of managment it, but after the last binance news it could have some future.
SXP is about to confirm a short-term move to about 2$. And still expecting a mid-term move to 4$, as soon as BTC shows a positive move the period of the mid-term will decrease.
the analyse and the red & green scenarios can give you the goal:D i think the Sxp is the best alt can take by whales:DD normal market! holders are stable still!! good momentum! good volume!! support areas: $1.2 and $0.8 next resist: $2.3
Swipe is about to confirm a long-term investment move.
HTF perspective - 1D chart We are at the end of descending triangle, SXP still can go both ways - RIP or UP UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo RIP scenario would be R.I.P aka worse than stablecoin. DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
SXP SWIPE sooner or later all time high a rocket above $6
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...
We just looked at Swipe (SXPBTC) short-term potential by reading the daily TF chart. Now, let's look at the long-term chart (weekly TF). We can see this weeks candle moving above EMA10 for the first time since August 2021, when SXPBTC bounced above EMA10/50 just to move lower. The chart looks better now compared to Aug. since we are coming out of a new low; a...
Swipe (SXPBTC) is doing pretty good today and we are expecting a full trend reversal. This is just getting started... Here you have the full chart: We can see prices moving and closing above EMA50. The highest volume bar daily since May and also a higher low compared to the beginning of this year. See my chart for SXPBTC from July 2020 below... Swipe...
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 $89 in the long...
. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 1.4$ zone 🔴Buy : 1.5 - 1.4 🔴Sell : 1.8 - 2.1 - 2.4 - 2.7 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 1.4$ zone 🔵Sell : 1.4 🔵Buy : 1.2 - 1 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as...
Looking 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...
crab harmonic pattern: X=$5.5 AB=0.61 XA BC=0.38 AB 0.78 XA=$2.54 1.6 BC=$2.86 0.88 XA=$3.64 2 BC=$4.47 2.24 BC=$5.92 1.13 XA=$8.8 2.6 BC=$9.2 1.27 XA=$14.69 1.41 XA=$24.2 3.6 BC=$29.63 1.6 XA=$51.25
SXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into...
There are two possibilities for sxp. Divide your money into two part to go long.