💡Don't miss the great buy opportunity in SCRTUSD @SecretNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.16179).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SCRTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59
Take Profits:
TP1= @ 6.92034
TP2= @ 7.57956
TP3= @ 8.23878
TP4= @ 8.97928
TP5= @ 9.69268
SL= Break below S2
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SCRTUSD trade ideas
💡Don't miss the great buy opportunity in SCRTUSD @SecretNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.16179).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SCRTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59
Take Profits:
TP1= @ 6.92034
TP2= @ 7.57956
TP3= @ 8.23878
TP4= @ 8.97928
TP5= @ 9.69268
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
SCRT is looking to break out as it continues to test resistanceSCRT has had some healthy pull backs after its run ups and its currently following that pattern again. The most recent leg up double tapped the 50% resistance level on the fib retracement before springing back up towards $7 levels. If we see SCRT blow through $7 with volume and little resistance we could see a nice run up into the mid to high $8s.
Beautiful entry point for privacy powerhouse $SCRTLovely little entry point here for $SCRT after its move up to $10.99 in November.
Congratulations to all those who took profit near the top, and are ready to refuel the rocket for the next mission. The real believers are staking & chilling with 30% apy though :)
$SCRT is looking awfully oversold right now as it retests the previous ath.
Don't expect this team to rest on their laurels. They have some seriously game-changing tech here & are not afraid to pump out announcement after announcement. The last huge pump was off the back of an airdrop for $SHADE, an upcoming private stablecoin with a very interesting peg.
DISCLAIMER - not financial advice.
$SCRT ready to push through to $20.88$SCRT looks ready to push up to the 1.618 @ $20.88, after a brief pullback from its huge rally earlier this month.
Both our MACD & Stoch RSI levels are reloaded & ready for another rocket mission.
Secret Network signalled IBC today, so expect some big volume to come in when SCRT is available on the Osmosis cross-chain DEX, and liquidity can be provided to generate great yield.
In the next weeks, we will see the Shinobi BTC bridge, Stashh.co NFT marketplace & the Shade private stablecoin protocol launch on Secret. All powerful tools for those conscious of their privacy in the crypto space, which will drive huge demand for the native SCRT coin.
Check out the linked ideas to see how I have traded with this incredible project. I still believe the whole privacy sector is very undervalued, considering its importance.
PERSONAL OPINIONS / NOT FINANCIAL ADVICE / DYOR
SCRTUSD , ONE OF THE AMAZING PROJECT Hello every body
SCRT is another amazing and powerful project that it works on crypto market to ... ( research about it guys )
Today our team analysed some amazing project that it work on crypto market
We wanna publish this amazing chart last night but the site alert us that we cant publish more than 10 chart everyday And now we are publishing the chart for you guys
According to the chart the downward trendline was broken with breakwave that you can see on chart and after pullback was finish we are ready to reach to the new target and new ATH
Dont forget use stop loss and attention to money management
Good Luck
Abtin
SCRT long wick hunting strategyScret network is growing. Layer 1 protocols gaining traction. First dapps launched.
Invalidation level for me, work as invalidation only when my orders did not get filled and it turns into support in 4H or 1D chart. Obv If orders are filled, this level turning into support is a confirmation signal to hold de position untill taking profits lvls.
As always a perspective of the order block:
Will take profits in daily last ATH candle close $9.87 and possibly in 2.618 fib extension (build from Nov.20 weekly impulse low to Feb. 20 weekly high) @ aprx. $15.53
As part of my wick hunting strategy logic, I will ignore the daily candle close resistence @ $7.0 area. Its maybe a greedy point of view, but its also a low volume area in a local perspective of the volume profile.
Hopefully it will play out as expected.
SCRTUSDThe idea here is about SCRT (Secret Network), Mentioned below are the points to consider for Elliott's wave with FIB relationship along with RSI, MACD, ICHIMOKU CLOUD.
Secret Network is a blockchain with data privacy for smart contracts by default, allowing you to build and use applications that are both permissionless and privacy-preserving. This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3.
Points as per TA on a Daily Chart:
1. Wave 3-4 retraction completed as per the technicals price touched wave 1 terriotory(as per Elliott's wave theory)and bounced back from the support zone.
2. We can expect the price to hit 12.60$ 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.