ANALYSIS 🔎
- SCRT/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price is currently undergoing a retracement, resisited by the descending trendline resistance.
- A breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry (more profitable): the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- Conservative entry (higher success rate): breakout above the descending trendline resistance.
TARGETS 🎯
Short term targets (black arrow pointers).
- Horizontal resistance level (@0.00003852).
- Horizontal resistance level (@0.00004950).
Long term targets (blue arrow pointers).
- Horizontal resistance level (@0.00007600).
- Horizontal resistance level (@0.00010100).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
- SCRT/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price is currently undergoing a retracement, resisited by the descending trendline resistance.
- A breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry (more profitable): the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- Conservative entry (higher success rate): breakout above the descending trendline resistance.
TARGETS 🎯
Short term targets (black arrow pointers).
- Horizontal resistance level (@0.00003852).
- Horizontal resistance level (@0.00004950).
Long term targets (blue arrow pointers).
- Horizontal resistance level (@0.00007600).
- Horizontal resistance level (@0.00010100).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
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.