SCBTC now formed a head and shoulders pattern which is a sign of bearish ,after a small accumulation and increase based to speculation of hard fork the price went up but coulden t be sustained. Now RSI is below neutral zone(50),MACD sell volume increase and we have a bear cross and stoch is in free falling with bear cross
Target 85-83 (support levels) but last target is 80 sats
Trade active
Note
Bearish also confirmed in 3D timeframeNote
our head and shoulders pattern
Trade closed: target reached
Done
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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.