SCRTUSD trade ideas
Secret Coin about to go Parabolic?This is the old Enigma coin that went parabolic in 2018 under new branding. Looks like we've broke out of the triangular bull flag hardcore to the upside. Only think I'm not liking is the Squeeze indicator, but everything else looks good. Would like to see MACD signal line separate further too. I believe this is a buy.
SCRT/USDT Long PositionHopefully we see a bounce off support here to previous resistance.
We have the air drop coming up for SCRT which should add some buying pressure to push it through resistance.
Even if we only climb to resistance then head back down, it will still be a 14-18% trade.
Bare in mind this is a risky trade.
SCRT - $5.53 NextSCRT got rejected from the 1.618 fib at $2.71 and will likely continue down towards the 1 or 0.786 fib at $2.09 and $1.88 respectively. Once these zones have been established as support zones, we could see a move towards $2.71 again. If the resistance at $2.71 breaks, we could see a move towards $3.70, $4.69 and $5.53. Failure to break the resistance could lead to a drop towards $1.72, $1.47, $1.24 and $1.11.