SFPBTC
SafePal (SFP) uptrend channel continuesSFP is trading in an uptrend channel and now at the support zone. SafePal is a Binance backed project and the team is working hard on developments and partnerships of the project. There is a lot of positive news coming in the next few weeks for SFP. If you missed SFP earlier you can add some now and hold.
Buy Zone: $2.5 - $2.55
Target: $2.84 - $3.15 - $3.45 - $3.8 - $4.3 - $4.75 - $5.25 - $5.8 - $6.4 - $6.95 - $7.5
SFP ready for another rally SFP is now at the support zone. Those missed earlier can add some SFP here. SFP is the native token of the SafePal wallet. SafePal builds hardware wallets and seed boards. SafePal also held Wallet Holder Offering (WHO) exclusive for SFP holders or Safewallet hardware wallet owners. SFP has a good coin for the mid-term.
Buy Zone: $2.9 - $3
Target: $3.35 - $3.65 - $3.95 - $4.3 - $4.75 - $5.2 - $5.85 - $6.35 - $6.9 - $7.4 - $7.9 - $8.5
💡Don't miss the great buy opportunity in SFPBTC @iSafePalTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00004500).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SFPBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.00005400
TP2= @ 0.00006200
TP3= @ 0.00007000
TP4= @ 0.00008200
TP5= @ 0.00009500
SL= Break below S2
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💡Don't miss the great buy opportunity in SFPBTC @iSafePalTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00004500).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SFPBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.00005400
TP2= @ 0.00006200
TP3= @ 0.00007000
TP4= @ 0.00008200
TP5= @ 0.00009500
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 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/BTC - Will the level 0.000042 provoke pumping?Hello everyone, analyzed the SFP/BTC pair
Long fall period
Exit from the triangle. Several retests to the support level.
Target on the chart. Stop loss for your trading system. A close above the level of 0.000042, in my opinion, will provoke an impulse growth. I do not look into the future - I trade wisely, and I wish you the same.
SFPUSDT (SAFEPAL) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SFPUSDT is printing a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price is testing the key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
SFPUSDT (SAFEPAL) - UPTREND CONTINUATION ANALYSIS 🔎
- SFPUSDT hit an All time high (ATH) and retraced to the 0.618 fibonacci retracement level.
- The retracement was bounded in the falling wedge pattern
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular consolidation pattern is known as the accumulation phase (Wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up pattern).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the rectangular consolidation pattern's horizontal resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- All Time High (ATH) resistance (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the rectangular consolidation pattern's horizontal support (S1).