- Bulls run away from this coin right now - Descending triangle or descending market structure is confirmed on the chart - You can sell SXP and buy lower, or short the coin on any crypto futures market - If you feel uncomfortable holding this coin, you should listen to your body Please, hit the like button and follow me for more of these ideas! Also, check my...
Parallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliot wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this...
Swipe is currently forming this descending triangle to the downside, that is nasty. If you take a look at Bitcoin dominance chart (below), you can see Head and Shoulders pattern. I think Swipe definitely have some potential, but for now, we need to wait for a better price in the future. Bulls cannot hold any of previous supports and selling pressure is...
IF SXP breakout of the channel we might see some huge gain going to the marked fib levels in case breakout tp1 @16k tp2@20k tp3@23k tp4@26k
Swipe is going down, failed to hold any of provided supports, for example 0.618 fib or previous swing support. So in this case, there is an expectation to go down on a double bottom pattern, however we are currently in this parallel channel.
SXP is back in our buy zone. Gonna keep this short and savory. Last time it was here we got a 50% bounce up to the next fib level. I suspect we could get a little higher this time as behavior has been bullish despite declining prices.. We're currently trading in a descending channel. Right at the top of the channel. This is a nice spot to be: we're either gonna...
Maybe price action is in a rising widening wedge. Fractal from the last pump.
Swipe is currently in the C correction wave, it should be finished at 0.618 fib + horizontal support from previous swing. It also depends on bitcoin. As you can see my Elliott Wave count, the next wave is the 3rd Impulse wave, which is generally the strongest one. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
The Elliott Impulse wave is in progress right now. I expect one more wave to the upside, then sideways for a while. 0.618 fib and horizontal resistance may be a good profit target for traders. As long as this trend line holds - it is fully bullish. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
💎Technical Analysis Summary💎 BINANCE: SXPBTC -SXP retested key support area and may have found support again -This is good in the short term Bullish action -But the midterm trendline resistance is still there -We can not ignore this potential strong barrier -Because the Bears can easily enter the market -If you want to enter on a safer approach -Please wait...
SXP is heading to 7500-8000sts zone and this point may be the start point of new uptrend that you all should buy in for the target 12000sts in late October
Sxp retested the trend of downtrend channel And rebounce and now hold support You can buy around 1.42-1.43$ (current price) Target 1.55 Short term 1.75 short term 1.9 2.49 3.19 Stop daily close or 4h close below 1.36
Impulse Elliott wave completed to the downside very nicely. If you take a look on weekly candles, u can spot a massive bullish hammer. I expect massive gains for this coin, first target is 0.618 fib. Also as you can see, the price bottomed out on this falling wedge pattern. If you like this technical analysis, please hit the like button and follow me for more...
================ BINANCE:SXP/ BTC ================ SXP/ BTC breakout the line SXP HIT THE BREAKOUT LINE maybe it's time the WEAK UP pottential long 89,9 % the reason 1.sxp cross the falling wedge 2. sxp in support major 3.three soldier chart and bullish engulfing let see maybe tp 1 in 17548 tp 2 :21000 tp 3 :26600 tp 4 :...
Parallel channel is already broken, but there is still a possibility to retest this channel as support! Please, keep that in mind. Else the elliott wave count is completed to the downside, which is of course bullish. I will provide a detailed technical analysis and wave analysis to this coin on lower time frame as well, follow me so you don't miss this update... ...
After break of downtrend channel Sxp now on good support Buy area 2 entery 1.51 (40%) 1.42(60%) Target 1.9 2.49 3.19 Stop 4h candel close below 1.388