The downtrend has finally broken. Bottom established around 265 sats. Beginning to rebuild. We are at a critical juncture now as SC tries to break out of this triangle. Heavy resistance and overbought RSI show that there will be dips before more upside. With any luck we will be on the way to 400+ again within the next week.
Note
Looking good so far. But given the spike in BTC we could see SC drop a little bit lower than anticipated before upside.Note
This is what I'm thinking
Note
SC is looking great. Expect a retrace to around 320 sats before big upside.
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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.