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SLR 3-4 more weeks of support consolidation then break out

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  • Key technical supports hit.
  • Pennant triangle forming on the weekly. Will squeeze to the upside.
  • 5 count on the DM indicator for the downside (of 9 total), if the counts play out that is.
  • Stoch RSI underbought
  • MACD cross

    Always view SolarCoin with respect to what is happening in BTC. Because BTC is the dominant force that indirectly affects SLR technical.
    There is a need to bring extra pairings for SLR away from its reliance on BTC.
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Consolidation still occurring, but holding strong at supports.
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At floor
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Closed May 19th
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