SpaceChain (SPCBTC) just printed a long-wick Tuesday that tested all the way down to MA200 as support.
Prices recovered and closed below the EMA200 brown line.
Today, we are seeing prices moving back above EMA100, EMA300, and also challenging EMA50 which signals bullish potential.
There can be additional correction before prices move up but any trading above MA200, which also coincides with the 0.386 Fib. extension level (now at 0.00000029) and we consider this a strong bullish setup.
The main targets are marked on the chart with magenta dashed-lines.
Namaste.
Prices recovered and closed below the EMA200 brown line.
Today, we are seeing prices moving back above EMA100, EMA300, and also challenging EMA50 which signals bullish potential.
There can be additional correction before prices move up but any trading above MA200, which also coincides with the 0.386 Fib. extension level (now at 0.00000029) and we consider this a strong bullish setup.
The main targets are marked on the chart with magenta dashed-lines.
Namaste.
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🚨 Long-term Financial Success Available » Make The Right Choice » Join NOW! 👉 lamatrades.com (Since 2017)
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t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
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🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
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Related publications
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.