CryptoStation

🆓Swipe/USDT Analysis (2/3) #SXP $SXP

Short
BINANCE:SXPUSDT   SXP / TetherUS
The selling force is still strong and dominated, so we should follow the downtrend by selling SXP at 2.4$ zone for the targets at 1.8$ and 1.2$
Only if SXP conquers 2.4$ zone, we will expect a recovery to 3.2$ zone

📅NEWS
👉Apr 30 : V2 Wallet App
👉Jun 30 : Burn & Stealth Releases
👉Jun 30 : DeFi Integrations
👉Dec 31 : Swipe Financial

📈BUY
-Buy: 1.7-1.8$. SL if B
-Buy: 1.1-1.2$. SL if B

📉SELL
-Sell: 2.35-2.45$. SL if A

♻️BACK-UP
-Buy: 2.35-2.45$ if A. SL if B
-Sell: 3.15-3.25$. SL if A

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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Comments

Do you ever think of fundamental ? or just publish your idea based on lines and chart? Shorting SXP will be a sin now .
+4 Reply
No
Reply
hey man are you still bearish delete this idea did you watch volume man we talk about 11m usdt just in 5 hours from 3:00 am to 9 am
Reply
Important levels to consider, thank you for sharing.
Reply
top idea
Reply