SCRTUSD
The idea here is about SCRT (Secret Network), Mentioned below are the points to consider for Elliott's wave with FIB relationship along with RSI, MACD, ICHIMOKU CLOUD.
Secret Network is a blockchain with data privacy for smart contracts by default, allowing you to build and use applications that are both permissionless and privacy-preserving. This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3.
Points as per TA on a Daily Chart:
1. Wave 3-4 retraction completed as per the technicals price touched wave 1 terriotory(as per Elliott's wave theory)and bounced back from the support zone.
2. We can expect the price to hit 12.60$ if the trend follows Elliott's wave theory (wave 4-5 is usually the length of wave 0-1).
3. RSI sitting at 55 a good zone to buy.
4. MACD is on a down trend and looks like we are going to trend sideways for few days.
5. 20 EMA is giving a good support.
6. ICHIMOKU cloud conversion line is still above the base line and price may retest 7.50 $ in the coming days.
project seems to be pretty solid and has more potential in the future.
Disclaimer: The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment.
Secret Network is a blockchain with data privacy for smart contracts by default, allowing you to build and use applications that are both permissionless and privacy-preserving. This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3.
Points as per TA on a Daily Chart:
1. Wave 3-4 retraction completed as per the technicals price touched wave 1 terriotory(as per Elliott's wave theory)and bounced back from the support zone.
2. We can expect the price to hit 12.60$ if the trend follows Elliott's wave theory (wave 4-5 is usually the length of wave 0-1).
3. RSI sitting at 55 a good zone to buy.
4. MACD is on a down trend and looks like we are going to trend sideways for few days.
5. 20 EMA is giving a good support.
6. ICHIMOKU cloud conversion line is still above the base line and price may retest 7.50 $ in the coming days.
project seems to be pretty solid and has more potential in the future.
Disclaimer: The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment.
Disclaimer
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