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SXPUSDT

$SXPSXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you wanna play it safe wait for a break below and retest of the red resistance area and then short. Inversely a break above this red area would be a long into the green box.
Short
by TheDigitalStonks
SXP/USDT moved toward our prediction and target. what's Next?Hi every one SXP / TETHERUS (UPDATE) this is an update on the recent analysis of SXP/USDT which now you can see that the price has moved in the direction we predicted! the price has 3 bearish signs right now: 1-the price has touched the top of the broadening wedge pattern and Decreased from that point! 2- a shark pattern is pretty visible on the chart which has just been completed and now it's time for correction.the correction can be up to 0.618 or 0.78 line of Fibonacci retracement (strong support zone) 3- there is a regular bearish Divergence on MACD as well (-RD) so these signs makes us think that the price must start to decrease from this point. the correction can be up to 1.6 or even the bottom of the broadening wedge. there is a slight chance that SXP would break the broadening wedge if it happens the price can increase to 3$ which is a Pretty strong resistance as well. summery: -SXP/USDT has moved in the direction of our prediction and touched our target! -Multiple bearish pattern and signs! strong support at 1.60$ -slight bullish chance to 3$ Previous Analysis: 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
14
SXP/USDT has Bullish PotentialsHi every one SXP / TETHERUS SXP/USDT is ranging in a broadening wedge and now price has some bullish signs! as you can see the price is at the bottom of this pattern and there is a Expected bullish movement from Here . there is also a Regular Bullish Divergence on MACD as well (+RD) .this is also a Great reason For us to be bullish On SXP. The price can reach the top of the broadening wedge which is also a Great Resistance for SXP. summery: -SXP is ranging in a broadening wedge pattern. -The price is at the bottom of this pattern (bullish sign) -Regular Bullish Divergence (+RD) is ⁩Visible On MACD (bullish sign) -Price can reach the resistance shown in the picture. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
22
SXPUSDT🌟in lower time frames this alt shown a great bullish state which is abnormal in the current situation which means this alt is ready to jump high numbers of value in a short time so heads up swingers and profit hunters 👉This idea has the confirmation of "advanced price action" 👍 👉For more information don't be shy and get in private chat of trading view 👍 👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍
Long
by the-crypto-analyzer
$SXPUSDT UPDATE!!!!!Hi Traders, $SXP has seen some lovely gains recently but is now seeing a major pullback. Its currently rejection an order block as support so we are likely to see it rise into the above order block where it will test as resistance. If the order block above acts as enough liquidity to push prices lower again then we can expect prices to move towards the very bottom order block. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
SXP/USDT Is About to Fly 🚀🚀🚀📈 SXP/USDT | Potential Upward Movement 💡 Buy Limit Order @ 2.1336 🎯 Target Profit 2.2170 🛑 Stop Loss 2.1016 ❌ Do not risk more than 1% of your account on each trade Description: The price succeeded to break the bullish flag formation to the upside after posting an engulfing bullish pattern on the strong support. The coin could post a correction count to the highlighted zone before a rally all the way up. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
4