Hi, friends welcome to this update of SCBTC one day chart if you can see down trend line has been succesfully breakout in one day chart but price facing resistacnce from 175 to 200 sat that is exactly at 0.78 fab level with 200 moving average in red colour to 150 moving average in blue colour but price having a good support at 150 to 160 sat we can see upper movement if price break the resistance as mention above along with a good volume. If we talk about down movement if price fail to manitain present scenerio it can be down till 120 sat.
Comment:
Hi, friends welcome to latest update of scbtc day chart price holding this black support line very well but facing the resisitance as mention in previous analysis fro 175 to 200 sat. volume is still low but price can be breakout with good volume from here. overall chart showing correction.