So Sc was respecting the downtrend (which is colored with red) and have broked the uptrend (which is colored with white) what have caused a brutal fall from 0.008$ to 0.005$ …
We are now under the uptrend in a price canal between (resistance) 0.006136$ and (support) 0.0053032$...
Like all other altcoins, Sc is related to Btc, so if Btc broke down the uptrend ( see { btcusdt (binance) } analyse ) then we will broke the support of 0.0053032$ and go down directly to 0.00504$ and then 0.0042$ …
Else if we Btc go up, then Sc should broke the downtrend line (which is colored with red color) to go up …
Let's wait and see ...
We are now under the uptrend in a price canal between (resistance) 0.006136$ and (support) 0.0053032$...
Like all other altcoins, Sc is related to Btc, so if Btc broke down the uptrend ( see { btcusdt (binance) } analyse ) then we will broke the support of 0.0053032$ and go down directly to 0.00504$ and then 0.0042$ …
Else if we Btc go up, then Sc should broke the downtrend line (which is colored with red color) to go up …
Let's wait and see ...
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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.