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SCRTUSD could test ATHs following a strong 99MA bounce

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SCRTUSD is continuing to stay nicely within the channel. 4H MACD and RSI indicate that the price could drop a bit further from $6.10 area down to the 99MA support around the $5.75 levels. If SCRTUSD gets a strong bounce off the 99MA we could see a breakout above $7.00 which leaves a large gap to fill up towards ATH levels. If SCRT doesn't get a strong bounce on the 99MA it may fall out of the channel and could end up finding its next support around the $5.00 level.

Penafian

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