SCUSDT Perfect CwH Pattern | 215% Move Expected
SC has been trading below 0.020282 since May 26, 2021, and tried to break that price on June 5, 2021, and August 1, 2021, but failed after creating triple tops.
Now we can see that a very strong trend reversal pattern (Cup with Handle) is formed and the market is again trying to break 0.020282.
I am expecting a 200% move from the current position if we see a successful breakout.
I have explained everything in the chart and here you can read price points.
Entry: 0.020282
TP1: 0.027660
TP2: 0.033414
TP3: 0.040349
TP4: 0.047432
TP5: 0.053776
Final Target: 0.063810
SL: 0.015265
Net ROI: 190% 215%
Trade Risk: 25%
Exchange: Binance
Do not use more than 10% risk of your account.
NOTE: Educational Purpose. Do your own analysis. Do proper risk and money management. Respect your stop loss. Spot Trading only. I will not be responsible for any of your losses.
SC has been trading below 0.020282 since May 26, 2021, and tried to break that price on June 5, 2021, and August 1, 2021, but failed after creating triple tops.
Now we can see that a very strong trend reversal pattern (Cup with Handle) is formed and the market is again trying to break 0.020282.
I am expecting a 200% move from the current position if we see a successful breakout.
I have explained everything in the chart and here you can read price points.
Entry: 0.020282
TP1: 0.027660
TP2: 0.033414
TP3: 0.040349
TP4: 0.047432
TP5: 0.053776
Final Target: 0.063810
SL: 0.015265
Net ROI: 190% 215%
Trade Risk: 25%
Exchange: Binance
Do not use more than 10% risk of your account.
NOTE: Educational Purpose. Do your own analysis. Do proper risk and money management. Respect your stop loss. Spot Trading only. I will not be responsible for any of your losses.
Trade active
Comment:
TP1 Hit