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Three scenarios for SC
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.
Заметка
Looks like Scenario 3 was the one that happened. Congrats if you bought under 550 sats!Заметка
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!Сделка активна
Buying under 500 satsЗаметка
Descending triangle forming. Expecting breakout in the next two days or so, hopefully sooner.
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Red Wedding for all crypto. All bets are off until it stabilises.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.