- SFP/USDT was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price then hit a swing high (@3.1650) and retraced.
- Price is retesting the horizontal support level, key fibonacci retracement zone (0.618 - 0.702 - 0.786) and descending trendline resistance.
SFP is having a strong correction after a strong rise in mid-October. The $1.7 zone is being the support at the moment and the SFP could rally to $2 and $2.4 in the next few days. But if it continues to lose the 1.7$ zone, it will continue to fall back to the 1.5$ and 1.3$ zone
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7
🔴Sell : 2 -...
Circulating Supply:108,166,667.00 SFP ( 22%)
✅What Is SafePal (SFP)✴️?
SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet...
#SFPUSDT Fresh Update:
#SFP -30 dumped from last TOP.
Now I am expecting bounce back.
as per TA Best entry for Long will be $2.08 and $1.83
and If breakout $2.35 then again turn bullish mode.
don't forget to open any trade with confirmations.
Without confirmation is like Gambling.
If hold both support then we can see again New All Time high.
#SFP is in the range zone in it's support area at 1.7
if #SFPUSDT close weekly above this level , will pump more than 80% ( midterm )
if #SFP loses it's support at 1.65 , 1.4 - 1.5 should be good entry point
SafePal now trades in good upgrend and already give us more than 150% profit from yesterday 13th Oct. We still have good chances go even higher to 1.618 Fib at price (3.70) $ and then on 0.5 Fib correction.
If you have any questions, you can write it in comments below and I will answer them.
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Right here is SFP chart on a daily Timeframe. As seen on this chart, we have a descending triangle breakout at $1.1850.
Price rejected a resistance at $3.150 and it's on it's way back to the support zone at $1.710.
Therefore I expect a bounce back at $1.71 as it was a resistance that will turn to...
Why am i just seeing this?
SFP is at the verge of making history. Its a welcome baby and am not sure what drives it, but it's about make THAT move.
Price has been ranging inside a triangle since start, it just needs to test that support level one more time (point 3) and hell will let loose. Already bears momentum have dried up hence it's just a...
SFP is trying to hold tight the 1$ zone to keep moving up to 1.2$, 1.6$ and 1.9$ zones in this October. But if it loses this zone, it will fall back to 0.85$ and 0.75$ zones
♻️Condition : If 1-Day closes ABOVE 1$ zone
🔴Buy : 1
🔴Sell : 1.2 - 1.6 - 1.9
♻️Condition : If 1-Day closes BELOW 1$ zone
🔵Sell : 1
🔵Buy : 0.85 - 0.75
Volume is getting lower and there is bearish hidden divergence on RSI, and RSI is over 80 , that is not good at this moment.
Could be a retrace to lower fib levels. Im aiming a short at 2.02 or 2.1
Not financial advice. Just an idea. Be careful at this point. Dont fomo in and do your own research.
in the daily chart we see a downtrend from the top 4.45$ and has made 2 strong support zones in 0.8$ and 0.6$ .
if we break the white line from above and make a retest we could see higher price targets for this coin that mentioned in the chart .
Invest in the Future.