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...
WXYXZ correction done and this should be big W 3
Swipe(SXPUSDT) fundamentals are very strong. Swipe launched crypto funded USD checking account and debit card. Current market cap only $100 Million. Swipe can be a real competitor and challenge to crypto.com (market cap $3 Billion). Both competitions would help for more innovation and shaping the crypto industry. According to this SXPUSDT got more room to go up...
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.
At this moment, there Sell 3 signal present and I'm BEARISH . So, I don't think this is a good time to buy yet. If you want to buy again, we have 4 different options. 1- You can wait for EngineeringRobo's BUY signals to be present, 2- You can wait for candles to open-close above resistance level (1.84) for 1D to buy, 3- You can buy when candles open-close above...
Same as UNI and most other altcoins, it just broke down from an ascending broadening wedge, retested and then got rejected. We should be heading south for now and I expect a loss of about 13%. I am long term bullish in this coin though especially since I'd like to get the Swipe Card soon, so I'll be laddering my buy orders on the way down. Cheers!
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 ↓
SXPUSDT have to break out within 1 or 2 weeks next to confirm double bottom pattern otherwise we go to the hell! Be safe trading guys!
SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further. If the news background continues to delight with positive and effective news, the SXP token may continue to grow to...
look! in mu opinion SXP should go at least 1.9 because I think that make a head and shoulder Reverse and look at the RSI
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 ↓