On the 3D timeframe, SCRT/USDT is still moving within a medium-to-long-term downtrend after topping near the 0.82 USDT area. Current price action is trading near historical low levels, which often act as important technical reaction zones.
Volatility is gradually decreasing, indicating a compression phase that usually precedes a significant directional move.
---
Pattern Explanation
Price action is forming a Falling Wedge (Descending Wedge) pattern:
Series of lower highs and lower lows
The upper resistance line declines more steeply than the lower support line
This pattern is commonly recognized as a bullish reversal structure when a valid upside breakout occurs
However, as long as price remains inside the wedge, the prevailing bearish structure is still intact.
---
Key Levels
Resistance Zones:
0.157 – 0.165 USDT → dynamic wedge resistance
0.200 – 0.226 USDT → strong horizontal resistance
0.383 USDT → major resistance / previous distribution area
0.550 – 0.740 USDT → extended targets if a strong trend reversal unfolds
Support Zones:
0.105 – 0.096 USDT → major support & demand zone
A breakdown below 0.096 USDT would open further downside risk
---
Bullish Scenario
The bullish scenario becomes valid if:
1. Price breaks and closes above the upper wedge on the 3D timeframe
2. Breakout is confirmed by increasing volume
3. Price successfully holds above 0.157 – 0.165 USDT
Upside Targets:
Target 1: 0.200 – 0.226 USDT
Target 2: 0.383 USDT
Extended target (strong reversal): 0.55 – 0.74 USDT
This structure supports a medium-term trend reversal if the breakout is confirmed.
---
Bearish Scenario
The bearish scenario remains dominant if:
1. Price fails to break the upper wedge
2. Price breaks down below the 0.096 USDT support
3. A 3D candle closes below the major demand zone
Consequences:
Continuation of the downtrend
Potential move toward lower liquidity zones
Falling wedge fails as a reversal pattern
---
Conclusion
SCRT/USDT is currently at a critical decision zone. The Falling Wedge offers a potential bullish reversal, but confirmation is essential. The safest approach is to wait for a confirmed 3D candle close rather than anticipating the breakout prematurely.
A major move is approaching, and direction will be determined by price reaction at the upper wedge.
#SCRT #SCRTUSDT #CryptoAnalysis
#FallingWedge #Downtrend #PotentialReversal
#AltcoinAnalysis #SupportResistance #PriceAction #MarketStructure
Volatility is gradually decreasing, indicating a compression phase that usually precedes a significant directional move.
---
Pattern Explanation
Price action is forming a Falling Wedge (Descending Wedge) pattern:
Series of lower highs and lower lows
The upper resistance line declines more steeply than the lower support line
This pattern is commonly recognized as a bullish reversal structure when a valid upside breakout occurs
However, as long as price remains inside the wedge, the prevailing bearish structure is still intact.
---
Key Levels
Resistance Zones:
0.157 – 0.165 USDT → dynamic wedge resistance
0.200 – 0.226 USDT → strong horizontal resistance
0.383 USDT → major resistance / previous distribution area
0.550 – 0.740 USDT → extended targets if a strong trend reversal unfolds
Support Zones:
0.105 – 0.096 USDT → major support & demand zone
A breakdown below 0.096 USDT would open further downside risk
---
Bullish Scenario
The bullish scenario becomes valid if:
1. Price breaks and closes above the upper wedge on the 3D timeframe
2. Breakout is confirmed by increasing volume
3. Price successfully holds above 0.157 – 0.165 USDT
Upside Targets:
Target 1: 0.200 – 0.226 USDT
Target 2: 0.383 USDT
Extended target (strong reversal): 0.55 – 0.74 USDT
This structure supports a medium-term trend reversal if the breakout is confirmed.
---
Bearish Scenario
The bearish scenario remains dominant if:
1. Price fails to break the upper wedge
2. Price breaks down below the 0.096 USDT support
3. A 3D candle closes below the major demand zone
Consequences:
Continuation of the downtrend
Potential move toward lower liquidity zones
Falling wedge fails as a reversal pattern
---
Conclusion
SCRT/USDT is currently at a critical decision zone. The Falling Wedge offers a potential bullish reversal, but confirmation is essential. The safest approach is to wait for a confirmed 3D candle close rather than anticipating the breakout prematurely.
A major move is approaching, and direction will be determined by price reaction at the upper wedge.
#SCRT #SCRTUSDT #CryptoAnalysis
#FallingWedge #Downtrend #PotentialReversal
#AltcoinAnalysis #SupportResistance #PriceAction #MarketStructure
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✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
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✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.