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TheAnonymousBanker
Apr 1, 2023 12:07 PM

Solar Coin ($SOLAR): Short term Bullish Setup Long

Description

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).

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N.B.: Updates will follow below

Comment

setup area update

Comment

Comment

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.

Comments
Ajpor
Am on short , what point will you advise as my tp
TheAnonymousBanker
@Ajpor, I'm sorry 😢, but this is a bullish idea ...
Ajpor
Okay
flappie000000
nice call
TheAnonymousBanker
@flappie000000, ....not very nice unfortunately 😢, but thanks for your comment! 👍
Ajpor
When is the perfect entry for long at support area , I mean what price is the support area
SwallowPremium
Great job! Definitely a possible scenario!
TheAnonymousBanker
@SwallowPremium, thank you!
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