On the fall in May, SXPUSDT buyers showed once again that they are not planning to let the price go below $1.30. By the end of July, the price of SXPUSD once again dropped to a strong mirror level of $1.30 , from which buyers began to drive the price up. SXPUSDT price growth at the moment shows more than +100%
If we look at the SXPUSD chart globally, we can...
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SXP is a very good project and currently looks very good according to the chart. It is trading inside a big ascending triangle and hovering near the bottom of the trendline. I am expecting it to reach a new ATH by the end of this year.
This is what I see happening for SXP in the coming weeks/months, reaching a price target of up to $50.
The fractal was taken from BNB daily chart when it first listed right up to its first breakout.
It only makes sense because they both have the same use case and I really think it will play out.
A bullish Navarro200 harmonic is presented and a deep retracement to the first higher low. Then, another higher low with another deep retracement (after what looks like a possible bullish deep crab on the 4hr) leading to the next higher low. An entry could have been made on the 2nd low, but there is plenty of upside still if it can get above $2.57ish where there...
SXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into...
SXP has good buying force at 2.3$ zone and it could move towards 2.7$, 3.5$ and 4.4$ zones in this October. But if it loses this 2.3$ zone, it will fall down to 2$ zone again
♻️Condition : If 1-Day closes ABOVE 2.3$ zone
🔴Buy : 2.3
🔴Sell : 2.7 - 3.5 - 4.4
♻️Condition : If 1-Day closes BELOW 2.3$ zone
🔵Sell : 2.3
🔵Buy : 2
Update on previous idea.
SXP/BTC chart looking very nice.
Just retested the diagonal which is clear resistance/support in the past.
Expecting we hit 0.00036732 BTC at some point.
Fibs also working as resistance/support;
Anyone see this beautiful ascending triangle playing out? Taking the measured move of the base of the triangle to the resistance, we see a huge power move crushing to my new target. Tokenomics, infrastructure, and fundamentals of this coin support this move.
Any thoughts? would love the discussion.
The buying power of SXP is very strong and it can continue to rise to the $5 and $6 zones this September. But if it loses the $3.5 zone, it will correct to the $3 or even $2.5 zone
🔴Buy : 3.42-3.58$. SL if B
🔴Sell : 4.88-5.12$. SL if A
🔴Sell : 5.85-6.15$. SL if A
🔵Sell : 3.42-3.58$ if B. SL if A
🔵Buy : 2.93-3.07$. SL if B
SXP is visibly climbing a trend line. It has been respected a few times. MACD is showing divergence in the positive zone. In fact, SXP has stood its ground although the market is shaky right now. We might see a retracement, but it will be a step backwards to leap upwards. RSI is cruising around in the overbought zone, so a minor retracement is not out of the...
SXP looking good MA's wise, but also patterns-wise.
Personally targeting 20$ according to fibs.
Below some examples of why I'm bullish on SXP, besides the fact that it has an actual use case and CZ has a stake in it.
SXP 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...
AS WE CAN SEE CLEARLY ON THE CHART SXP IS NEAR A PERFECT BUY ZONE.
WE CAN BUY NOW OR WAITING THE TURNIG OF PRICE TO 1.82.
just be patient swipe will reach 5 usdt
thank you for ur support