SXP is in a current uptrend and i see it coming back to its high.
Entry is 2.81- 3.00
SL - 2.55 (bit of a lower stop loss just incase of a wick down)
Take profits are ad marked.
TP 1- 3.86
TP 2- 5.11
Good luck if you take the trade.
NOT FINANCIAL ADVISE
Looks like a possible Cup and Handle formation, which if correct would indicate a target of around $8. Fib extensions suggest a possible target of $6.90. Since I don't know 1) really anything about what this token is and 2) I don't use C&H much and also since 3) the market has had a few dips during the last couple days I will keep a tight stop loss and only open...
SXP reminds me when i longed UNI at $3 . very undervalued project with lots of usecase and upgrades made. downside very limited, upside unlimited. long it here with me on the best crypto exchange out: ftx.com
Hi guys, I can see XABCD pattern in SXP, market is in recovery mode can hop on, my target is minium 18%
This week has been very volatile (good Correction) be careful and manage your Risk with rewards
hope you like it happy trading.
With BTC acting iffy I'm expecting the H4 uptrend to break down to retest support in the demand zone .
SL under previous swing low offers a tight risk definition with high RR.
Targets around $1.98 and $5.00.