SCBTC Cup & Handle?
Is SCBTC forming a cup and handle of sorts? We'll have to wait and see if this plays out. We need a clear break of 750. If it does, 1050 would be a conservative target for a nice profit.
Note
The BTC rally today has impacted altcoin prices. In situations like this, the market becomes very emotional and unpredictable. Naturally, most alts took a plunge. We need to wait for the market to settle before continuing our analysis.
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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.