Solar Coin ($SOLAR): Short term Bullish Setup

1 thg 4, 2023

From a technical point of view, this $altcoin could remain interesting in short term, that said, if we look at the daily chart, SXP could develop a bullish impulse structure (12345). This setup is very simple, wait for pullback in support area to try to take long position with stop loss below the support (daily close).

Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below

2 thg 4, 2023

Ghi chú

setup area update

3 thg 4, 2023

Ghi chú

4 thg 4, 2023

Ghi chú

We also reached the TP2 area without triggering a corrective structure (intraday pullback only) so now the risk of taking a long position is very high, so either we reduce the size or we stay out.