SC has been rising in a nice channel for a while. I have outlined three possible scenarios in the coming weeks.
1. SC continues in the wedge and breaks out.
2. SC fails to break out of the wedge and instead falls back to the upwards channel pattern.
3. SC fails to break out and then falls out of the channel back to previous support lines.
I believe that scenario 2 is the most likely. As usual, buy low sell high!
Thanks to Maximilian108 for the heads up on this Wedge.
1. SC continues in the wedge and breaks out.
2. SC fails to break out of the wedge and instead falls back to the upwards channel pattern.
3. SC fails to break out and then falls out of the channel back to previous support lines.
I believe that scenario 2 is the most likely. As usual, buy low sell high!
Thanks to Maximilian108 for the heads up on this Wedge.
Nota
Looks like Scenario 3 was the one that happened. Congrats if you bought under 550 sats!Nota
SC will probably test support again at around 520 sats, could drop down to 475, but I doubt it. Buy as low as you can and ride the channel back up!Dagangan aktif
Buying under 500 satsNota
Descending triangle forming. Expecting breakout in the next two days or so, hopefully sooner.
Nota
Red Wedding for all crypto. All bets are off until it stabilises.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.