Looks like SC has set up fantastic groundwork for a surge up towards 3.5 cents. RSI is strong but allows for growth. Stoch RSI is oversold and judging from the previous occasions when it was oversold and then volume flooded in we have had a rally of 250%+ and around 200%.
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Boom. 3.5 cent target reached. Next target 5 cents.Note
Looks like a bull div on the RSI. Expect a retrace to around 3 cents before the next move up towards 5 cents.
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Then again, there's big volume in her atm, she might pop sooner. Also, Coinbase listing speculation is still around. Interesting next few days, weeks, and months for SC!Note
Basically hit my retrace target of 3 cents. However, after having a closer look, based on previous moves up and corrections, we could see a retrace back to these levels before the next move.
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BTC ruining everything at the moment. SC dropped to my suspected support levels. Hopefully they don't break, otherwise it could be down to 2 cents again.
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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.