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Long
Updated

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

110
  • 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.
Note
Consolidation still occurring, but holding strong at supports.
Note
At floor
Note
Closed May 19th
lpninja
Chart PatternsTechnical IndicatorssolarcoinsolarcoinbtcTrend Analysis

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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.
Chart PatternsTechnical IndicatorssolarcoinsolarcoinbtcTrend Analysis
lpninja

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.