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SXPUSD trade ideas

$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.
BINANCE:SXPUSD
by naphyse
✴️ Solar Network Hits Bottom, Long-Term Potential Beyond 15XEven if just by a few cents, Solar Network (SXPUSD) produced a long-term higher low November 2022 compared to March 2020. This is a multi-year long higher low making this a strong bullish signal. Back in 2020 what followed the All-Time Low was a massive 3,500% growth bull-market, we can see something similar in 2024. In this chart, we are pointing out only the "consolidation range", which is the phase the market enters between major cycles. ✔️ After a bear market we get a consolidation phase followed by a bull-market. ✔️ After a bull market we can have a distribution phase followed by a bear-market. Distribution is the inverse of consolidation, but both work the same way. Anyway, once we hit bottom, the only place left to go is up. This might be true for Solar Network, as the latest bottom is a long-term higher low. The next All-Time High can be 10X, 15X or more. Namaste.
CRYPTO:SXPUSDLong
by AlanSantana
1
SXPUSD on a long term bullish break out.SXPUSD broke today above the MA50 (1d), just three days after breaking above the 3 month Channel Down. This is the final bullish validation of the upcoming long term bullish reversal. Trading Plan: 1. Buy on the next pull back to the MA50 (1d). 2. Buy if the price closes a (1d) candle over Resistance (1) first. Targets: 1. and 2. 0.5900 (Fibonacci 0.618) Tips: 1. The RSI (1d) is at the highest level since April 6th, a clear signal that the trend has reversed. Please like, follow and comment!!
CRYPTO:SXPUSDLong
by TradingBrokersView
1
SXP targets for holders (the dip updateSwipe is showing recovery signs ... This token had dropped a lot (back to May-June 2021) price levels and has a great potential to recover now This may be a great project in the end. ******************* What is Swipe? Swipe (SXP) is one of the growing platforms within the DeFi space. The platform provides users with Swipe’s Visa debit card and a multi-asset DeFi app. Swipe’s (SXP) DeFi app allows users to convert between cryptos, fiat, and stablecoins. Additionally, Swipe (SXP) assists businesses in issuing their own branded physical and virtual cards. In July 2020, Binance acquired the majority of Swipe for an undisclosed amount. The acquisition was made to enable the two companies to partner in bringing together fiat and digital assets. In partnership, the focus was on crypto payments and purchases through traditional financial systems. The Swipe network also powers Binance’s Visa Card, which enables users to make purchases with digital assets. Binance Takes Over Swipe (SXP) On Thursday,December 31, 2021, Binance announced that it is to acquire the remaining outstanding shares of Swipe. At the time of writing, Swipe’s Visa card allows users to spend crypto at over 70 million locations worldwide. Upon the completion of the acquisition, Swipe founder and CEO Joselito Lizarondo will step down and leave Binance, lead the way!
BINANCE:SXPUSD
by blackriver85
Swipe SXP poised for a bull run!A bullish Navarro200 harmonic is presented and a deep retracement to the first higher low. Then, another higher low with another deep retracement (after what looks like a possible bullish deep crab on the 4hr) leading to the next higher low. An entry could have been made on the 2nd low, but there is plenty of upside still if it can get above $2.57ish where there some resistance. To sweeten the deal, there is hidden bullish divergence on BOTH the MACD and RSI. I also like the fact that higher lows have been made ever since Dec of 2019. Its very possible to see the price reach up near A of the harmonic if resistances can become support!
BINANCE:SXPUSDLong
by house_md74