I've plotted some triangles, and tried to see how their trends are changing, and in my limited wisdom of noobishness, I feel as if Jan 23rd will be a good indicator of SC's price on Feb 1st.
My personal prediction: $0.09 on Feb 1st for ~200% gain. But please don't use this as advice... I barely know what i'm doing (this is only my third chart/analysis) and I'm trying to learn as much as I can!
As always, helpful comments would be gratefully appreciated!
But again, i'm so new -- i could be totally wrong!
i feel like this takes us out of the lowest of the red sectionals ($0.029 by Feb 1st), but we aren't out of the woods just yet.
also, i feel like this drop significantly lowered the chances of the higher green sectionals ($0.29 by Feb 1st) from validating, though thats not completely out of the picture just yet (if market sees huge upswing on a whole, its totally achievable).
We are right on track for mid-range if this recent upswing from yesterday holds momentum without a massive break in either direction.
I'm standing with my $0.09 by Feb 1st prediction i made two days ago
But again, i'm so new -- i could be totally wrong