Solar (sxp)Sxp usdt analysis
Time frame 4 hours
Risk rewards ratio >1.3 👈
Target 0.49$
Qnt has good strong support that doesn't let price to come down ( you can see in this chart . (Dark blue box))
Sxpusd
#SXP/USDT#SXP
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2236
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2433
First target 0.2848
Second target 0.3120
Third target 0.3400
#SXP/USDT#SXP
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.1920
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.2150
The first target is 0.2626
The second target is 0.3000
The third goal is 0.3381
SXPUSDTSXP ~ 1W
#SXP Go back to this support block. if you have Conviction on this coin,. This is a great time to make purchases in stages.
Quick SPX Scenario for Retesting Lower Support zoneBINANCE:SXPUSDT
BINANCE:SXPUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2629
0.2596
0.2560
0.2510
🔴SL:
0.2783
🧐The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
Major Move Imminent for #SXP! Will It Breakout or Break Down?Yello Paradisers! Are you ready for what's next? #SXP is approaching a crucial point, and we need to be prepared for all possible scenarios.
💎Currently, #Solar is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.224, which could lead to a significant bullish breakout if sustained momentum is achieved.
💎Should this occur, we could see #SXPUSDT challenging the descending resistance and aiming for the major supply area at $0.3061.
💎A breakthrough above this supply zone could trigger a substantial bullish rally, potentially pushing the price toward a strong resistance level. However, we must also consider the possibility of rejection at this supply area.
💎If #SXP faces resistance here and loses momentum, we might witness a bullish rebound from the solid support at $0.195.
💎Falling below this support could indicate a prolonged bearish trend, with #SXP continuing to trade within the descending channel.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
SXPUSDT 1WSXP ~ Update
#SXP Fulfill our Purchases. this is a very good buy in our opinion. Our target is at least 20%+ from here.
SXPUSD 12HSXP ~ 12H
#SXP Make purchases gradually after successfully breaking through the resistance line of this pattern. with a minimum target of 15%+
$SXP mid/long term analysis#sxp newly branded #solarnetwork weekly price chart is cooled down well for some upside moves.
Upper orange box is the ichimoku cloud resistance zone for quick movement. If price reaches there and breaks out, new ath will be expected in mid/long term.
Hard declination from 1W ichimoku zone will trigger price to test the trend line support. If this ascending trend channel support would be broken, the target will likely be the upper thin orange box and that' ll be the incredible buy zone.
Short term upside movements may be necessary.
Not financial advice.
#SXP/USDT#SXP
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.300
The first goal is 0.360
The second target is 0.4100
The third goal is 0.4666
SXP looks super bullishLooks like the big B wave is over.
Price will soon enter the big wave C.
The green range is the right place for BUY.
We have two main targets for Mid-term and Long-term, which are indicated on the chart
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#SXP/USDT#SXP
After the big rise in the last diamond
We spent months in ADown Traingle
The triangle and the downtrend were broken
With significant oversold saturation
The price is expected to follow the ABC pattern
With the first goal of 4128.
We expect improvement after that
Then a second target 6731.
Reaching the second goal may take some time
SXP --- Looking GoodAnother example of how to buy and sell an altcoin.
We gotta be diligent on our selling plans.
you can wait for the trendline to break
or add to positions on any further weakness.
SXP / USD 💥 mid- term trade 💥Hello, crypto enthusiasts!🫶
I'd like to highlight the potential of the SXP coin against the dollar! In my view, it shows great promise in the medium term!💥
The price is currently forming a significant wedge, which is nearing completion and poised for a breakout!
For those inclined to take risks, consider placing buy orders in the orange zone. For a more conservative approach, wait for an upward breakout before entering buy orders.
🧐What are your thoughts on coins like SXP?
I'm genuinely interested in your perspective!
Thank you for your attention💋
Warm regards, Kateryna💙💛
SXP WEEKLY BREAKOUT HAPPENED, CAN MAKE 4XIn weekly timeframe SXP makes breakout and is expected to give 2x to 4.5x from here, better to have in SPOT with 25% stoploss.
SXP - BUY SETUP (DEC 2023)SXP - BUY SETUP (DEC 2023)
Based on technical analysis, the current setup of this coin appears to offer a favorable buying opportunity. The price action and key indicators signal promising trends, suggesting a potential advantageous entry point. However, prudent consideration of market volatility and risk management is essential before making any investment decisions in the cryptocurrency market
SXP About to breakout SXP Looking strong currently as is looking to breakout the 4hrs trend line resistance…. If breakout I’m expecting a good momentum to upside… Keep eyes on it and don’t FOMO
Follow for more market update
SXP is owned by binance and the future is bullishThe fact that it is owned by binance attracted me to follow this coin.
I might eat my hat if we don't climb out of there properly. And I can freely eat my hat because the stop loss is low lol haha
SXP BUY/LONG SETUP (1D)SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance.
It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets.
I specified the targets and invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
This is where solar has a chance to rise. Accurate abc analysisI've been looking at it for a while, here it can take the rise to at least a minimum level
Volume appears to be compressed
SXPUSDTAs you see the chart there are two support zones blue and black.
In my opinion black is major support for buy.
