Trade ideas
Symmetrical Triangle on the SFPUSDTBased on technical factors there is a long position in :
📊 SFPUSDT-SafePal
🔵 Long Now 0.3650
🧯 Stop loss 0.3140
🏹 Target 1 0.4770
🏹 Target 2 0.5430
🏹 Target 3 0.6100
💸Capital : 1%
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SFPUSDT - 69 strong growth very soonSFPUSDT - 69 strong growth very soon. in the analysis I used the degree system and the language of numbers. Here you can clearly see how the price fell into the reversal zone, from where the last time there were strong impulses and the beginning of a bullish movement.
Official Wallet Of Binance!Safepal was the first hardware wallet invested in and backed by Binance.
Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally.
Binance is the biggest crypto exchange by far.
Everyone has Binance account and Binance seems to be norm of crypto exchanges.
If crypto is here to stay and if people are going to use crypto wallets, chances are Safepal will be one of the most used wallet in crypto space.
Because it is backed by Binance. If you are using Binance, you can see Safepal as on option for wallets in Binance.
This means there is huge potential client base for Safepal. It could be Binance of wallets for cryptos.
60 cents seems to be the bottom for SFP and for the next cycle it is a good buy zone.
FEDs not so hawkish rate decision of yesterday made me think we dont need a stop loss if we are to buy for long term.
But if you want you can put a stop loss on 50-52 cent area.
Thanks.
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SFP is warming up the engineI literally love this chart, that does not mean it will play out but this is beauty represented with technical analysis . We are approaching a key resistance area and looks like price wants to break it. If we have a breakout and a successful retest plus if Bitcoin rises more which I think it could due to the confirmation it has given us it could be a trade to leave open for a little longer. We can see price has ranged for over 60 days with a huge volume inside that range, we have seen it in the past how this trade could look like. //Literalmente amo este gráfico, eso no significa que vaya a funcionar, pero esto es belleza representada con análisis técnico. Nos acercamos a un área de resistencia clave y parece que el precio quiere romperla. Si tenemos una ruptura y una nueva prueba exitosa, más si Bitcoin sube más, lo que creo que podría ser debido a la confirmación que nos ha dado, podría ser una operación para dejar abierta por un poco más de tiempo. Podemos ver que el precio ha oscilado durante más de 60 días con un gran volumen dentro de ese rango, hemos visto en el pasado cómo podría ser esta operación.
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SFP is warming up the engine⚙️I literally love this chart, that does not mean it will play out but this is beauty represented with technical analysis. We are approaching a key resistance area and looks like price wants to break it. If we have a breakout and a successful retest plus if Bitcoin rises more which I think it could due to the confirmation it has given us it could be a trade to leave open for a little longer. We can see price has ranged for over 60 days with a huge volume inside that range, we have seen it in the past how this trade could look like. //Literalmente amo este gráfico, eso no significa que vaya a funcionar, pero esto es belleza representada con análisis técnico. Nos acercamos a un área de resistencia clave y parece que el precio quiere romperla. Si tenemos una ruptura y una nueva prueba exitosa, más si Bitcoin sube más, lo que creo que podría ser debido a la confirmación que nos ha dado, podría ser una operación para dejar abierta por un poco más de tiempo. Podemos ver que el precio ha oscilado durante más de 60 días con un gran volumen dentro de ese rango, hemos visto en el pasado cómo podría ser esta operación.






















