SCRTUSD is continuing to stay nicely within the channel. 4H MACD and RSI indicate that the price could drop a bit further from $6.10 area down to the 99MA support around the $5.75 levels. If SCRTUSD gets a strong bounce off the 99MA we could see a breakout above $7.00 which leaves a large gap to fill up towards ATH levels. If SCRT doesn't get a strong bounce on the 99MA it may fall out of the channel and could end up finding its next support around the $5.00 level.
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.