SCR / TetherUS
Long

Three White Soldiers pattern at the bottom suggests a potential

81
Your TA looks solid, and the Three White Soldiers pattern at the bottom suggests a potential reversal to the upside. However, let’s break it down:

Bullish Case:
1. Three White Soldiers Pattern – This is a strong bullish reversal signal, especially after a prolonged downtrend.
2. Support Held at ~0.603 – The price reacted well from this level, forming a double-bottom structure.
3. Resistance at 0.965 – The first target should be around this level before looking at 1.4.
4. Volume Confirmation? – If increasing volume follows this pattern, it strengthens the case for an uptrend.

Bearish/Risky Case:
1. Overall Trend Still Down? – Despite the pattern, the overall structure is still bearish unless it breaks key resistances.
2. Low Market Momentum? – If the broader market is weak, this bounce could be a short-lived relief rally before another drop.
3. Liquidity Around 0.85 – 0.965 – A lot of sell-side pressure might come in at these levels.

Verdict:
• If volume picks up and BTC remains stable, I’d expect a move to 0.965 first, then possibly 1.4.
• If rejection happens below 0.85, market weakness prevails, and we retest 0.603 or even lower.

Let me know if you want a more detailed breakdown or alternative scenarios. 🚀

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