SXPUSDT
SXP coin formed a bullish Shark for upto 39% pumpHi dear friends, hope you are well and welcome to the new trade setup of SXP coin with US Dollar pair.
Previously we caught more than 88% pump of SXP as below:
Now on a 4-hr time frame, SXP has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SpX/USDT LONG🪐sxp
🟢long
🛑max lev 20
💲max capital 3%
🟩enter : 0.655
🟥stop : 0.642
✈️tp 0.668
✈️0.681
✈️0.0694
✈️0.72
✈️0.746
✈️0.772
✈️0.85
Swipe (SXP) to Solar (SXP) = explosive price growthAnnounced on 28.03.2023 the Swipe (SXP) Mainnet Swap & Rebranding Plan to Solar (SXP) finally managed to interest buyers and the SXPUSDT price began to grow rapidly.
Now is the time for SXP arbitrageurs, because you can catch a price difference between exchanges of 7-8%
For example, at the time of writing, the price of SXP on WhiteBIT is $0.75, and on Binance is $0.81
Earnings - done, trading turnover is growing rapidly, and demand is pushing the price up.
When can this hype come to an end?
We assume that in the price zone of $1.10-2.10, you should at least be careful with your purchases.
After all, in this price zone, increased sales of SXP from the "happy owners" of this token, who bought it at this price 2 years ago, may begin)
In the meantime, you can and should make money on cryptocurrency speculation)
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Should rise above 0.5810...Hello?
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(SXPBTC 1W chart)
The key is whether the price can sustain the rise above 0.0000 3071 to 0.0000 4386.
Trading in the BTC market is not easy.
Therefore, what you need to check on the BTC market chart is the strength of this coin (token) against BTC.
Whether the BTC price rises or falls, if the BTC market chart of this coin (token) is showing an upward trend, it can be interpreted that as many people want to buy this coin (token).
This is because the price of the stablecoin market chart (USDT, BUSD, USDC) will fluctuate according to these movements.
However, it is not necessary to look at all coins (tokens) because the BTC market chart or USDT market chart moves almost the same for coins (tokens) with a low market cap.
Therefore, there is no need to check the BTC market chart for SXP coins.
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(SXPUSDT chart)
As it rises above 0.4110, it appears to be trying to break away from the bottom.
However, in order to completely break out of the bottom, the price needs to rise above 0.5810 to maintain the price.
why? Did the price rise...
why? Could the price have gone down...
It may be natural to want to know this.
However, volatility happens and knowing why doesn't help you in trading.
On the contrary, as you learn the reason, your subjective thoughts will become stronger, and the possibility of making an erroneous transaction will only increase.
So, when you see a chart where prices have surged or fallen like this, it's good to see how the next wave forms.
It is not a good idea to create a trading strategy after volatility has occurred.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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✴️ Swipe Higher Highs, 5-Steps Pattern, Bullish ConfirmationThere is a 5-Steps pattern that we looked at together last week, if you follow me daily, you understand and this works as confirmation, bullish confirmation.
#1, A low hit December 2022.
#2, A bullish breakout in January 2023.
#3, A correction that ends mid-March.
#4, Resumption of the initial bullish move.
#5, New high.
This is the first pair that already hits a new high and completes the 5-Step pattern.
All the other charts that I showed you with this pattern will do the exact same thing.
High volume and current price action confirms what I've been sharing with you.
We can only enjoy the ride up, nothing more.
Check my latest Bitcoin article, there will be a medium sized bull-run and go for longer than expected ('Related Ideas' below).
Thank you for reading.
Thank you for your trust.
Thanks a lot for your amazing and continued support.
Namaste.