#SC / BTC ( Binance, Bittrex )
Buy Range : 93-100
Stop Loss : Not recommend
Target 1 : 135
Target 2 : 220
Target 3 : 295
Target 4 : 550-560 ( Bullish Target )
WEEKLY HEIKIN ASHI CHART
- Reverse Heikin Ashi Candlestick ( positive )
- CCI reversing from RED ( positive )
- RSI touched oversold zone and going up ( positive )
DAILY CHART
- Candles being supported by EMA20 ( Positive )
- Reverse Candle spotted ( Positive )
- RSI too much oversold ( Positive )
- RSI downtrend broken ( Positive )
- MACD crossed and showing positive strenght ( Positive )
- CCI turned into green ( Positive )
- MA200/50 above candles ( negative )
4H CHART
- Ichimoku Cloud broken and candles above it ( Positive )
- EMA20/MA50 crossed , retest and candles above it ( Positive )
- Very nice volume on Breakout ( Positive )
- MA200 just broken and looking to be supported ( Neutral )
- RSI Overbought ( Neutral )
CONCLUSION
Altcoin market is performing good on the last days, some charts like this suggest a trend reversal and a positive way.
SC has reached very low prices which is always good to buy and wait for better prices offering a very good risk/reward.
This coin just got a powerfull breakout with a good volume behind.
According to Daily Chart we can confirm some changes on the downtrend and a good chance to get some profits.
Hourly chart performed so good but its a bit overbought, a retest and small healthy retracement can happens if not get too bullish
You can wait for dips to buy it as cheapest if is possible.
Good luck
Buy Range : 93-100
Stop Loss : Not recommend
Target 1 : 135
Target 2 : 220
Target 3 : 295
Target 4 : 550-560 ( Bullish Target )
WEEKLY HEIKIN ASHI CHART
- Reverse Heikin Ashi Candlestick ( positive )
- CCI reversing from RED ( positive )
- RSI touched oversold zone and going up ( positive )
DAILY CHART
- Candles being supported by EMA20 ( Positive )
- Reverse Candle spotted ( Positive )
- RSI too much oversold ( Positive )
- RSI downtrend broken ( Positive )
- MACD crossed and showing positive strenght ( Positive )
- CCI turned into green ( Positive )
- MA200/50 above candles ( negative )
4H CHART
- Ichimoku Cloud broken and candles above it ( Positive )
- EMA20/MA50 crossed , retest and candles above it ( Positive )
- Very nice volume on Breakout ( Positive )
- MA200 just broken and looking to be supported ( Neutral )
- RSI Overbought ( Neutral )
CONCLUSION
Altcoin market is performing good on the last days, some charts like this suggest a trend reversal and a positive way.
SC has reached very low prices which is always good to buy and wait for better prices offering a very good risk/reward.
This coin just got a powerfull breakout with a good volume behind.
According to Daily Chart we can confirm some changes on the downtrend and a good chance to get some profits.
Hourly chart performed so good but its a bit overbought, a retest and small healthy retracement can happens if not get too bullish
You can wait for dips to buy it as cheapest if is possible.
Good luck
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.
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.