
Before anything else, please note that this is a BUY/LONG setup, not a SELL/SHORT setup.
A double combination correction appears to be nearing completion. The second corrective structure looks like a contracting triangle, which is expected to complete soon.
We are looking for BUY/LONG entries within the highlighted entry zone. Try to build your position using DCA (Dollar-Cost Averaging).
The targets are marked on the chart. Be sure to take partial profits at the first target, then move your stop loss to break-even.
A daily candle close below the invalidation level will invalidate this setup and the overall analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think SPCX is bullish?
