Looking at the recent movements of 
SCBTC, several major supportlevels has been formed in the recent rise. SCBTC has also shown to adhere to supports and resist levels in the past.
The recent dip below 38% opens up for several harmonic patterns to form, all of which leads to a bullish movement upon completion. This coincides with consolidation before further growth. Eyes open for completion and trade with care. Stoploss goes at X impulseleg, and targets are 38-61% of XA.
SCBTC, several major supportlevels has been formed in the recent rise. SCBTC has also shown to adhere to supports and resist levels in the past. The recent dip below 38% opens up for several harmonic patterns to form, all of which leads to a bullish movement upon completion. This coincides with consolidation before further growth. Eyes open for completion and trade with care. Stoploss goes at X impulseleg, and targets are 38-61% of XA.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.