XPL has been falling, and the only signs of support are on the H1. Looking for a market structure within this time frame has to be considered a quick move. The larger the structure, the better it is. However, given the stage of the market, anything can happen. Which means spot positions will give you the exposure you need without the added risk. At the moment, RR on 1h is healthy under the condition that the price continues to create a CHOCH.
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Check me out linktr.ee/btdcrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.