SXP
SXP waiting for UP!SXP idea for traders:
1- Golden Cross (Checked)
2- Triangle Re-test (Checked)
3- Strong Support worked
Have a nice trade.
the future of spending the cryptos to buy anythingbutterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$19.2
tp2=1.27 XA=$25
tp3=2.24 BC=$75
accumulation is happening on 0.88 XA. breakdown of $6 is near.
Cup & Handle SXP/USDTfrom the 4h chart. sxp try to breaks the resistance.
If it can breaks the resistance, it will go up to the moon.
SXPIt is in the ascending channel in weekly and daily timeframes. However, due to the large width of the channel, it is possible to oscillate in 4-hour and 1-hour time frames.
It is currently between 1 and 4 hours of support and resistance.
Strategy 1: If it stays in the downward channel for 1 hour, you can expect a fall.
Strategy 2: If, in addition to the 1-hour Neroli channel, it can break the 1-hour resistance range, it will operate according to the Fibonacci expansion rule and will climb to 161.8%.
SXP good to buy below $5We told you not to enter at these levels and wait for a new entry. This is good to build your position in SXP for the mid-term if you missed our earlier call.
Buy Zone: Below $5 (add more in dips)
Target: $5.45 - $5.95 - $6.4 - $6.9 - $7.7 - $8.6 - $9.3 - $10.3 - $11.4
Long Swipe ($SXP)Looks like a possible Cup and Handle formation, which if correct would indicate a target of around $8. Fib extensions suggest a possible target of $6.90. Since I don't know 1) really anything about what this token is and 2) I don't use C&H much and also since 3) the market has had a few dips during the last couple days I will keep a tight stop loss and only open a small position.
In either case if BTC and the alt market continues to look strong I will probably add to this as this was in an obvious strong recent uptrend.
SXP is so STRONG!!!Every single mother flippin dip gets bought right back up.
Would be a dream if this appreciates like BNB has now that Binance owns them. Just bought more at $4.88
Beware if BTC starts to roll over and breaks below 53k again.
We are playing with fire a little bit, but if BTC is bouncing then Alts are FLYING!
Sxpusdt 🚀 after breakoutSwipe is now in correction if it breaks this descending channel we can see more highs if market becomes stable and breakout is done
Thanks if you agree with my analysis hit the like button and follow me for more updates
SXP up to 9-11$ in quick timefundemetals are ready but it's not a perfect cup&handle
closing above 6.35$ would kick it up to 9-11$ range
Binance is biggest investor on it...good story for your grandhildren if you can long it
SXP - 120% in short time expectedvolume in $ and BTC is insane
maybe coinbase listing on the way
Binance is nr1 investor on that
17% supply burnt week ago
NFT testnet will start in july
20$ also possible
short term 9-12$
good luck
$8 Soon for $SXPA very good time to LONG some SXP
Pass the resistance at 5.507$ and we will get straight into price discovery! Personally I'm targeting for $8 to sell my fat bag of SXP.
Bought a fat bag of SXP under $3.
Let's see what happens!!
SXP Bullish Setup Wave 5Hello,
One of my fav sxp coin,
1. Elliot wave 5 is on the way to 8$ approx
2. hidden bullish divergence on daily rsi
3. price holding above daily ma 20
4. macd is bullish
5. Elliot wave oscillator is turning bullish
cheers
SXPUSDT going for 7.2$SXP broke the resistance and triangle
first target is 7.2$ and in next step can go for 10$
