SC Ascending triangle
Updated
i think we will see a few more day's of shaking out weak hands. This is very heavy resistance we're at right now.
During the previous bull market we saw huge volume with this area acting as support and resistance so there are a lot of bag holders that needs to be shaken out before we can go up higher.
First target should be around 0.025 possibly 0.03 then we will hit another point of resistance.
During the previous bull market we saw huge volume with this area acting as support and resistance so there are a lot of bag holders that needs to be shaken out before we can go up higher.
First target should be around 0.025 possibly 0.03 then we will hit another point of resistance.
Note
so the triangle got bigger but the target was the same. Sc can go a lot higher, we're in a nice upward trend here.
0.025 has already been broken once and it will break again i believe.
Trade closed: target reached
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