SCRTBTC trade ideas
SCRTBTC bounced on daily resistance 🦐SCRTBTC bounced on daily resistance, and the price had a breaout from daily static resistance. IF the price will have another breakout and retest the current resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
#Scrt/Btc possible technical entry before a strong pump.#Scrt/Usdt possible technical entry before a strong pump.
$SCRT/BTC 1D (Binance Spot) Descending channel breakoutSecret Network (formerly known as Enigma) broke bullish and is supported by 100EMA, looks ready for a leg up here!
Current Price= 0.00004975
Buy Entry= 0.00004990 - 0.00004730
Take Profit= 0.00006440 | 0.00006440 | 0.00009998
Stop Loss= 0.00004069
Risk/Reward= 1:2 | 1:3.6 | 1:6.5
Expected Profit= +32.51% | +58.64% | +105.72%
Possible Loss= -16.28%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
🆓Secret Network/BTC Analysis (27/3) #SCRT $SCRTSCRT is testing the 4500sts zone, which is very important at the moment. If succeeds, it will bounce back and head to 6500sts and 8500sts
But if it loses this 4500sts, it will fall down to 3000sts at late April
📅EVENTS
👉Mar 31 : SEFI Airdrop
📈BUY
-Buy: 4400-4600sts. SL B
-Buy: 6350-6650sts if A. SL B
📉SELL
-Sell: 6350-6650sts. SL A
-Sell: 8300-8700sts. SL A
♻️BACK-UP
-Sell: 4400-4600sts if B. SL A
-Buy: 2900-3100sts. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Expect SRCT to at least retest 8300 regionBullish RSI divergence on 15 and 30 min timeframes. A close below 7118 means a close off this position for me.
SCRT/BTC Ready to test 6000 SATS SCRT/BTC pair looking to test 6k sats following a double bottom on daily timeframe. Bullish divergence on OBV as well as a clear breakout of a long resistance line indicates further bullish PA.
