SFPUSDT.P trade ideas
💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.2830
TP3= @ 1.4085
TP4= @ 1.5755
TP5= @ 1.8420
SL= Break below S2
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💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SFPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.2830
TP3= @ 1.4085
TP4= @ 1.5755
TP5= @ 1.8420
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Sfp chart analysis #SFP 1D USDT CHART ANALYSIS....
SFP Broken It's 1D Strong Support & Makes New Lower Low. At This Moment We Have A Resistance For SFP . If It's Can't Broke This Resistance. It Will Go Down Again. If It's Do It Successfully Again. Sfp Will Retest All Time High Resistance. Now This Pattern Playing As A Bullish Flag. No We Need To Wait For Breakout.
Short Term Trader Always Stop-loss. Invest How Much You Can Afford To Loss. Always Verify Your Own Analysis.
🆓SafePal (SFP) May-211$ zone is the important support zone of SFP at the moment. If it loses this zone, it will be a bad sign that it could move down lower. But accumulate SFP at this 1$ zone is a good choice because it will pump up strongly in June
📈BUY PLANS
-Buy: 0.95-1.05$. SL if B
📉SELL PLANS
-Sell: 1.55-1.65$. SL if A
-Sell: 1.95-2.05$. SL if A
-Sell: 3.3-3.5$. SL if A
♻️BACK-UP PLANS
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
SFP 55% Move in the making SFP has been accumilating and is soon closing in on a break out of
the apex for a 50% measured move .
I have done a FIb Ext Pull to give us some potential targets to the upside and down
although my bias at the present time is bullish .
Just to note that
BTC can destroy these setups with ALT coins very easily when volatile so pls have an idea
of how BTC is trading first . Sideways BTC is the best breathing space for ALTS.
My Target for this will be the 1-1 Extension as this aligns with our 55% measured move .
Please ensure you know your Invalidation and use a SL
Like and Follow me for regular setups ..Thanks for reading
SFPUSDT (4h chart)SFPUSDTUSDT(4H CHART) Technical Analysis Update
SFP/USDT currently trading at $1.1.92
Buy-level: $1.82 - $1.90 (Wait for the small retracement)
Stop loss: Below $1.65
Target 1: $2.10
Target 2: $2.28
Target 3: $2.41
Target 4: $2.75
TArget 5: $3.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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