#SCRT/USDT - Long - Potential 51.55%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 1.2224 51.34%
• ⎿ Target 1 : 0.8713 7.87%
Entry: 0.8077 ⌁ 0.8077
• ⎿ Current market price: 0.8077
Stop: 0.668 (-17.3%)
Technical indicators:
Apologies for the mega zoomed out chart just trying to show the derivation of the upper target.
Essentially what I'm seeing here is breakout, break of trend (long term), break of key resistance (6750) with volume and bullish momentum from the RSI.
• ⎿ 24h Volume: 15808572.33195
• ⎿ Satoshis: 0.8077
• ⎿ Analysis: TradingView