SC has been accumulating for a while now. Decision time is almost upon us. Currently we can see that the 200 EMA (red) is acting a strong support and 50 EMA (green) as a resistance. If we can successfully break above the 50EMA & the 50% resistance @ 300~~ sats we will see a massive uptrend that could hit previous highs. However, we could still fall below 200EMA & 38.2% support @247 sats and continue in a downtrend. However MACD looks like its ready to breakout upwards and RSI is nearing oversold conditions. With that being said I am leaning more bullish on SC, but will not enter until we get a confirmation.
Entry: Above 0.00000300
S/L: 0.00000247(38.2% support)
T1: 0.00000366 (22%)
T2: 0.00000453 (51%)
T3: 0.00000564 (88%)
High Risk
Remember, this is just a though so DO YOUR OWN RESEARCH
Cheers.
Entry: Above 0.00000300
S/L: 0.00000247(38.2% support)
T1: 0.00000366 (22%)
T2: 0.00000453 (51%)
T3: 0.00000564 (88%)
High Risk
Remember, this is just a though so DO YOUR OWN RESEARCH
Cheers.
Commentaire:
Looks like we broke down thru the 200EMA, let’s see how today’s candle closes.