SC has been getting a lot of positive news recently (ride the trend guys, the news surrounding SC is very positive). It is definitely a long term hold. The project itself is genius - if you haven't invested in SC yet i'd recommend to do so and hold.
As for the chart - I think that history will repeat itself and we will now see a drop until it reaches the bottom...
Analysis based on structure 1/5/30min. Shoulder maybe touched and move could be retraced. If it crosses the ellipsis breakout may appear.
Stay green, or stay calmed!
This is related to my other idea:
I zoomed in so we can see the target area for the more immediate future.
Looks like we've got a cup & handle (or inverse head & shoulders, both work in this case).
It might want to extend past the target and hit one or both of the previous peaks (I labelled them on the chart) so I drew a wider target area.
Of course I believe...
God mode indicating SC has reached what is probably the last turning point before making a large move higher.
I expect the trend to shift to up again based on god mode analysis but I don't know how high... What I do know is that this is good entry point for anyone who thinks SC will begin it move to the 1200 sat area as the trade should play out rather fast....
Lots of things pointing to the .00000900 area as the next target.
We've got a channel, cup & handle , bull flag , and all the targets meet at the next fibonacci line.
I'm as confident in this one as I get. I'm already holding so I'm not looking for any particular breakout point, but I'd say now is as good a time as any if you're looking to get in. There's even...
