MyCryptoParadise_Simon

SC/USDT bullish continuation from key support?πŸ‘€πŸš€SC Analysis

Long
BINANCE:SCUSDT   Siacoin / TetherUS
πŸ’Ž Paradisers, focus on #SCUSDT as it’s currently exhibiting an intriguing market pattern. The asset is showing signs that point towards a possible bullish movement from a significant support level.

πŸ’Ž Recently, #Siacoin faced rejection at the resistance level of $0.008155. Currently, if it manages to maintain its momentum at the key support level of $0.005809, we could be looking at a potential bullish continuation from this point. Adding to this bullish outlook is #SC strong momentum above the EMA, reinforcing the possibility of a continued upward trend from the support.

πŸ’Ž However, should #SC fail to uphold its stance at the $0.005809 support, we might need to shift to Plan B. This alternative scenario would involve anticipating a bullish rebound from a lower demand zone at $0.004939. Importantly, if it breaks below this demand level, it could signal the start of a downward trend. πŸŒ΄πŸ’°
Trade closed: target reached:
πŸ’Ž Just like clockwork, #SCUSDT is tracing our forecast, hitting that sweet 79.59% growth mark
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