#SXP The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300. We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that is expected to break higher to support the rise Entry price is 0.300 The...
Looks like the big B wave is over. Price will soon enter the big wave C. The green range is the right place for BUY. We have two main targets for Mid-term and Long-term, which are indicated on the chart Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we...
#SXP After the big rise in the last diamond We spent months in ADown Traingle The triangle and the downtrend were broken With significant oversold saturation The price is expected to follow the ABC pattern With the first goal of 4128. We expect improvement after that Then a second target 6731. Reaching the second goal may take some time
Another example of how to buy and sell an altcoin. We gotta be diligent on our selling plans. you can wait for the trendline to break or add to positions on any further weakness.
Hello, crypto enthusiasts!🫶 I'd like to highlight the potential of the SXP coin against the dollar! In my view, it shows great promise in the medium term!💥 The price is currently forming a significant wedge, which is nearing completion and poised for a breakout! For those inclined to take risks, consider placing buy orders in the orange zone. For a more...
In weekly timeframe SXP makes breakout and is expected to give 2x to 4.5x from here, better to have in SPOT with 25% stoploss.
#SXP ~ 1W Buy after breaking this resistance line, target at least 20%+ from here.
SXP - BUY SETUP (DEC 2023) Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. The price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment...
SXP Looking strong currently as is looking to breakout the 4hrs trend line resistance…. If breakout I’m expecting a good momentum to upside… Keep eyes on it and don’t FOMO Follow for more market update
The fact that it is owned by binance attracted me to follow this coin. I might eat my hat if we don't climb out of there properly. And I can freely eat my hat because the stop loss is low lol haha
SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance. It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of...
I've been looking at it for a while, here it can take the rise to at least a minimum level Volume appears to be compressed
As you see the chart there are two support zones blue and black. In my opinion black is major support for buy.
Here is a buy setup for SXP. Taking the price action into account, it can have a pretty good gain if bad news doesnt emerge again like SEC.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the SXP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
SXPUSD broke today above the MA50 (1d), just three days after breaking above the 3 month Channel Down. This is the final bullish validation of the upcoming long term bullish reversal. Trading Plan: 1. Buy on the next pull back to the MA50 (1d). 2. Buy if the price closes a (1d) candle over Resistance (1) first. Targets: 1. and 2. 0.5900 (Fibonacci...